Commercial Property for sale

High Street, Edgware

Offers Over £440,000

Property Description

Full description

Tenure: Freehold

Attractive well Fitted Licensed Restaurant – Retirement Sale with Premises!!!

First time on the market since established nearly 30 years ago, Oyster Properties are privileged to offer this Indian Restaurant with a very well-known brand and reputation in the local area.

The premises have a quality fit out, including top of the range equipment and done to regulation standards. Current setup can be continued by new owners or optionally premises can be adapted on any other types of cuisine.

The premises are arranged on the first floor as well as a small rear yard and has a capacity of approx. 120 people.

It further benefits from a large downstairs store room which is adapted for cold storage. The premises also benefit from 2 onsite profitable slot machines

Location:
The property is situated on a busy parade of shops in the heart of Edgware Town Centre, within approx. 10 miles north-west of Central London with good access to the M1 and A41 motorways. The property is also close to Edgware tube station, Broadwalk Shopping Center which currently hosts over 40 shops with Sainsbury’s and M&S. Occupiers close by include Paddy Power, William Hill, Aviv Restaurant, Zanzibar Bar

Tenure: Virtual Freehold (967 Years remaining on Lease)

Fixed assets included in the sale:
- Ice Maker
- Glass Washer
- 3 Bottle Beer Fridge Freezers
- Music System with Integrated Speakers
- Big Screen and 3 Plasma TVs
- Approx. 30 Tables with Chairs
- 4 Bar Stools
- Till
- Bar Glasses
- Tandoor Oven
- Chinese Cooker with 5 Burner
- Preparation Table
- Well Established Trademark with Excellent Reputation

The Premises (held as a virtual Freehold) and the business is available for offers over £440,000 offering potential rental income of approx. £25,000 per annum.

Current setup has the added bonus of qualifying for FULL Business rate relief.


Nearest stations

  • Edgware (0.3 mi)
  • Canons Park (0.7 mi)
  • Burnt Oak (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oyster Properties , Stanmore

845 Honeypot Lane Stanmore HA7 1AR

020 8012 4472 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.

Floorplans


To view this property or request more details, contact:

Oyster Properties , Stanmore

845 Honeypot Lane Stanmore HA7 1AR

020 8012 4472 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

  • Edgware (0.3 mi)
  • Canons Park (0.7 mi)
  • Burnt Oak (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oyster Properties , Stanmore

845 Honeypot Lane Stanmore HA7 1AR

020 8012 4472 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 OYS1004468. 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 Oyster Properties , Stanmore . 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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