Commercial property for sale

Camden Road, London, NW1

£85,000

Property Description

Key features

  • Fully fitted bathroom and toilet
  • Shops and amenities nearby
  • Fitted Kitchen
  • Close to public transport

Full description

Indian Restaurant

Camden Road, Camden Town, London, NW1

Location: The premises are situated in a prime location of London within a minute of the iconic Camden Road Bridge which is located at a junction linking Camden Road and Royal College Street, close to Camden Town shopping areas.

Description: The property currently comprises of a Indian Restaurant with seating capacity of 40 people, a spacious kitchen area plus room. The property is fitted out with full cooking facilities and can be used as a Café / Restaurant for any cuisines.

Current Use Class Order: A3 Shops with licker licence

Total Area: 86.67Area m2 (932.91SqFt)

Lease: approximately 7year FRI Lease remaining renewable every 25years with no rent review during the lease period, the lease will be contracted inside of the security of tenure and compensation provisions of the Landlord and Tenant Act 1954.



Rent: £10,700pax

Premium: £85,000



FULL DETAILS:

Indian Restaurant Lease for Sale in Camden Road, Camden Town, NW1 9EE.

£10,700pax Premium: £85,000

Regent 2000 Properties are pleased to offer this lease for sale, for an Indian Restaurant (can be converted to any cuisine or a Café) The kitchen is located in the basement of the building, the restaurant is fully equipped to be used as a restaurant, café or any business with A3 use which also includes a licker licence. The property currently comprises of a Indian Restaurant with a host of facilities which includes the restaurant floor with seating for 40 people, a bar area, guest waiting area with additional seating for 4/6 people and a serving lift is fitted from the restaurant floor to the kitchen, the property also has a good sized basement area which houses the kitchen and can also be used for storage and office. The Restaurant is conveniently situated in Camden Town ideally located within the vicinity of Camden Road Station and is surrounded by vast array of housing, shops, businesses and eateries, near to the canal with various bus routes to all areas.

Current opening hours:

12noon-2.30pm & 6pm-11.30pm Seven days a week

Inventory:

GCH Combi boiler central heating

Tables and chairs

Small fridge

Small freezer

Side table

Till

Tandoori oven

Cooker with dual oven

Separate gas cooker unit

Large hot plate

Twin industrial sink units

Tall Fridge

Tall Freezer

Tall fridge freezer

Steel work table

2 Freezer units

Serving hot trays

Selection of large pots and pans

Microwave



Accommodation:

Use class orders: A3 Shops, Special category code: 234 - Restaurants

The property is arranged over two floors, ground and basement.

Ground Retail Zone A: 21.35 m2/unit (229.81SqFt)

Ground Retail Zone B: 18.66 m2/unit (200.85SqFt)

Ground Retail Zone C: 0.96 m2/unit (10.33SqFt)

Basement Kitchen: 18.90 m2/unit (203.44SqFt)

Basement Internal Storage: 5.20m2/unit (55.97SqFt)

Basement Internal Storage: 3.60m2/unit (38.75SqFt)

Basement Internal Storage: 3.60m2/unit (38.75SqFt)

Basement Public Toilets: 2.10m2/unit (22.60SqFt)

Total Area: 86.67Area m2 (932.91SqFt)

Lease: approximately 7year FRI Lease remaining renewable every 25years with no rent review during the lease period, the lease will be contracted inside of the security of tenure and compensation provisions of the Landlord and Tenant Act 1954.

Rent: £10,700 per annum exclusive of rates, service charge and VAT (if applicable).

Premium: £85,000

Rates: Due to the reconfiguration, the rateable value is to be reassessed. Interested parties are advised to clarify with the relevant Local Authority.

Further details are available from www.voa.gov.uk.

Legal Costs:

Each party is to be responsible for its own legal costs incurred in the transaction.



SUBJECT TO CONTRACT:

A3 use Cafe / Restaurant Lease for Sale Camden Town NW1 £18,000pax.


Nearest stations

  • Camden Road (0.1 mi)
  • Camden Town (0.3 mi)
  • Kentish Town West (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Regent 2000 Properties, London

84b - 86 Camden Road, London, NW1 9EA

020 8012 1588 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Camden Road (0.1 mi)
  • Camden Town (0.3 mi)
  • Kentish Town West (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Regent 2000 Properties, London

84b - 86 Camden Road, London, NW1 9EA

020 8012 1588 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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