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Burnt Oak Broadway, Edgware, Middlesex

1,200 sq. ft. | £80,000

Property Description

Commercial information

  • 1,200 sq ft (111 sq m)
  • Use class orders: A3 Restaurants and Cafes

Key features

  • An excellent opportunity to purchase a well established Restaurant/Cafe for 12 years situated on Burnt Oak Broadway situated close to Tesco, Peacocks, Carolina Chicken and Nat West Bank.
  • The nearest station is Burnt Oak Northern Line Underground Station.
  • The premises are fitted and presented to a high trade specification throughout benefitting from a substantial and well maintained restaurant of 1,200 sq ft approx all situated on the ground floor with
  • Also benefitting from a double fronted glass frontage with canopy, tiled flooring, padded and chrome tables and chairs, strip lighting, counter top/serving area with glass fronted bottle chiller, coff

Full description

Warren Anthony Commercial are delighted to bring to the market this excellent opportunity to purchase a well established Restaurant/Cafe for 12 years situated on Burnt Oak Broadway situated close to Tesco, Peacocks, Carolina Chicken and Nat West Bank.

The nearest station is Burnt Oak Northern Line Underground Station.

The premises are fitted and presented to a high trade specification throughout benefitting from a substantial and well maintained restaurant of 1,200 sq ft approx all situated on the ground floor with kitchen to the rear and in its present format having up to 50-60 covers.

Also benefitting from a double fronted glass frontage with canopy, tiled flooring, padded and chrome tables and chairs, strip lighting, counter top/serving area with glass fronted bottle chiller, coffee machine on hired purchase and gas ring cooker with extractor hood over plus microwaves, griddle, deep fat fryer, chest freezers, stainless steel sink units with double drainers, tiled floor and walls and WC.

Use A3.

Available by way of 2 years approx remaining on the lease renewable at £22,000 per annum exclusive and premium of £80,000 subject to contract for the benefit of the lease, goodwill, fixtures and fittings.

Opening hours Monday - Saturday 6 am - 8pm and Sunday 9 am - 5pm.

Size 1,200 sq ft approx.

Business rates we have been advised by the owner that the current rates payable are £7,000 per annum. However, all interested parties are recommended to make their own enquiries with Brent Council.

Utilities with all main services are we understand connected.

Turnover with a current turnover in the region of £156,000 per annum approx with scope to increase.

Staff owner managed with 3 staff.

Local authority Brent.

Legal costs to be confirmed.

Warren Anthony will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord.

A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account.

Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.

Warren Anthony for themselves for the Lessors, Vendors and their agents give notice that,

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part to Warren Anthony.
4. All rent, prices, fees and charges are quoted exclusive of VAT.

For more information or appointment to view please contact our Watford office on either 01923 220 012 or www.warrenanthony.co.uk

Warren Anthony have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. The buyer advised to obtain verification from their own solicitor.

Important Notice
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.


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