German restaurant brand Bierschenke is set to take over a City of London site previously occupied by Henry's Cafe Bar.
Leased by the City of London Corporation, the 8,500 sq ft space is split over the ground floor and basement.
Bierschenke recently sold its premises on the Strand, because it had become too small for the growing brand.
Anthony Jenkins, associate director of property agent Christie + Co, which acted on behalf of the City of London Corporation, said: "As to be expected, the site in this excellent location attracted huge interest and multiple bids from up-and-coming operators and brands in the licensed sector."
The new lease was granted for a period of 13 years.