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Restaurant for sale

Hornsey Road, London, N7

£250,000

Property Description

Key features

  • NET INTERNAL AREA 70.63 M (760 FT) APPROX
  • VACANT POSSESSION
  • RANGE OF EQUIPMENT INCLUDED

Full description

A3 Restaurant - Tenanted InvestmentDescription:

This rarely available tenanted investment is located in a prime position on Hornsey Road. This independent restaurant on a 16 Year Lease granted in January 2011 at a rental of £9,600 with an outstanding rent review to be agreed by the new owner.

The premises provides a Net Internal Area of 50.30M2 (541.49FT2). The property further benefits from an additional storage area in the basement and WC.


Location:

- Within easy access of Holloway, Finsbury Park and surrounding areas.

Local High Street:

Also present in Hornsey are multiple retailers such as Tesco Express, The Post Office and William Hill with a number of sole traders based within the shopping parade serving the local community.

Tenure:

Sale of Virtual Freehold 999 years started in 1993

Price:

£250,000

Income:

£9,600 PAX


Conditions:

Ingoing tenant to be responsible for both parties' reasonable legal costs and agency fees.

Viewing:

Strictly via the owner's agent, MARTYN GERRARD COMMERCIAL DEPARTMENT.

Please contact a member of our commercial team on 020 8444 3445.

Martyn Gerrard Commercial for themselves for 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 Martyn Gerrard Commercial.
4. All rent prices, fees and charges are quoted exclusive of VAT.
5. Any fixtures, fittings, equipment, machinery and plants 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.


More information from this agent

Energy Performance Certificate (EPC) graphs

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