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SOLD STC

Green Lanes, Winchmore Hill

£85,000

£33.15 per sq ft

Business rates & charges may apply

mi commercial, London
SIZE AVAILABLE

2,564 sq ft

238 sq m

SECTOR

Restaurant for sale

Description

LOCATION
The premises is ideally situated in the prominent parade of 'Winchmore Hill Broadway'. Winchmore Hill National Rail Station is also within a short walk providing convenient access to the Capital. There has been abundance of investment into The Broadway with new restaurants, barber shops and fitness facilities alike, so it is certainly continuing to improve as time goes on and consequently a great place to trade from.

DESCRIPTION
A rarely available (ex Pizza Express), double fronted ground floor premises situated in the heart of Winchmore Hill Broadway. Boasting over 2,500 square feet of modern trading space, the premises is in immaculate condition and specification throughout including bi-folding shopfront doors, ceiling features, bespoke lighting, air conditioning, security alarm and the luxury of ample storage space at the rear of the premises with stainless steel kitchen, fridges and a pizza oven included.

Premium: £85,000
Rent: £48,000p.a
Rates: Please contact the local council for accurate information
Use: Class E
Term: 10 years remaining on the lease

Investment has been made into some exciting concept designs which will be passed over as part of the sale.

Exciting concept designs
Double fronted shop with great presence (ex Pizza Express unit)
Bi-fold shop front doors
Air conditioning
Bespoke lighting throughout
10 years remaining on the lease
Situated in a prominent part of Winchmore Hill Broadway Parade
Rear access
Over 2,500 square feet of modern trading space
Licence from the council for outdoor seating at the front

Please contact one of our commercial property consultants at your earliest convenience to avoid potential disappointment.

Please note the incoming and existing Tenants will both be equally liable for the Landlord's legal costs and we charge a £360.00 admin fee in order to process references on behalf of the incoming Tenants.

TERMS
The lease is being sold with 10 years remaining, with a current passing rent of just £48,000 per year with a premium of £85,000.

VAT
It is of our understanding that VAT is not applicable on the rent.

LEGAL COSTS
Each party to bear their own legal costs and equally contribute to landlords legal costs.

VIEWING
Strictly by appointment only.

Green Lanes, Winchmore Hill

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Winchmore Hill Station0.3 miles
  • Grange Park Station0.9 miles
  • Palmers Green Station1.0 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 102099000921. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by mi commercial, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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