Shop for sale

Heath Street, London

1,340 sq. ft. | £65,000

Property Description

Commercial information

  • 1,340 sq ft (124 sq m)
  • Use class orders: A3 Restaurants and Cafes

Key features

  • An excellent opportunity to purchase a well established restaurant located in Hampstead which is more commonly known as Hampstead Village an affluent area of London 4 miles approx north west of Charin
  • It forms part of the London Borough of Camden and is well known for its intellectual, liberal, artistic, musical and literary associations and for Hampstead Heath close by a large hilly expanse of par
  • Hampstead has some of the most expensive housing in the country with the village of Hampstead reputed to have more millionaires within its boundaries than any other area of the United Kingdom.
  • Hampstead has major bus terminals known as Hampstead Heath located in South End Green with its most frequent service being route 24 which has for over 100 years linked the area with the West End, Vict
  • The business occupies the ground floor and basement of this 3 storey end of terrace building. The public trading areas are located on the ground floor and comprises a 60 cover

Full description

Warren Anthony Commercial are delighted to bring to the market this excellent opportunity to purchase a well established restaurant located in Hampstead which is more commonly known as Hampstead Village an affluent area of London 4 miles approx north west of Charing Cross.

It forms part of the London Borough of Camden and is well known for its intellectual, liberal, artistic, musical and literary associations and for Hampstead Heath close by a large hilly expanse of parkland.

Hampstead has some of the most expensive housing in the country with the village of Hampstead reputed to have more millionaires within its boundaries than any other area of the United Kingdom.

Hampstead has major bus terminals known as Hampstead Heath located in South End Green with its most frequent service being route 24 which has for over 100 years linked the area with the West End, Victoria and Grosvenor Road in Pimlico.

The business occupies the ground floor and basement of this 3 storey end of terrace building. The public trading areas are located on the ground floor and comprises a 60 cover restaurant and bar plus male and female toilets, fully fitted commercial kitchen, office and storage room.

Use A3 with alchol licence.

Premium £65,000 subject to contract for the benefit of the lease, fixtures and fittings.

Available by way of the premises being held on a renewable full repairing and insuring lease for a term of 25 years from 29 September 1999 with 5 yearly rent reviews.

Rental £45,000 per annum exclusive.

Size 1,340 sq ft approx.

Turnover with we understand a current turnover in the region of £220,000 approx per annum.

The accounts which we have been provide with show a net turnover of £218,917 and these we can make available but only to seriously interested parties and following any formal viewing.

Business rates with a rateable value of £44,000 for the year commencing April 2010 with rates payable we understand of £20,000 approx per annum.

Opening hours Monday - Saturday 12 pm - 11 pm and Sunday 12 pm - 10.30 pm.

Staff currently 6.

Local authority London Borough of Camden.

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.

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.


More information from this agent

Nearest stations

  • Hampstead (0.2 mi)
  • Hampstead Heath (0.6 mi)
  • Finchley Road & Frognal (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Warren Anthony Estate Agents, Watford

12 Market Street, Watford, WD18 0PD

01923 909019 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

  • Hampstead (0.2 mi)
  • Hampstead Heath (0.6 mi)
  • Finchley Road & Frognal (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Warren Anthony Estate Agents, Watford

12 Market Street, Watford, WD18 0PD

01923 909019 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.

Disclaimer - Property reference 25735781. 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 Warren Anthony Estate Agents, Watford. 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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