ECHO PARK — After months of renovation, The Lost Knight, a British pub-like restaurant, opened in February, serving up Bangers & Mash in the former home Barragan’s Mexican restaurant. Now, less than nine months after it opened, The Lost Knight property is up for sale.
The owners are asking $5.5 million for one of the neighborhood’s largest restaurant spaces, according to a sales flyer from the brokerage firm CBRE. The sale includes more than 6,000-square-feet of indoor space spread over two floors, a second-floor patio, an adjacent single-family home and liquor licence, according to sales material.
It’s not clear what prompted the sale but a broker familiar with the property said the sale would involve only the real estate, not the restaurant itself.
Says the listing:
This dynamic neighborhood is known for hip dive bars, an exploding culinary scene, and an ever-expanding offering of vintage stores, galleries, boutiques, specialty coffee shops, and music venues.
The owners of The Lost Knight spent nearly a year overhauling the Sunset Boulevard building once occupied by Barragan’s, whose owners sold and closed up shop at the end of 2013 after more than 50 years in Echo Park.
Update: The staff at The Lost Knight wants to make clear that the business is not for sale and have posted the sign below to make their point.
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