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Restaurant for sale

High Road, London, N20

£60,000

Property Description

Key features

  • Net Internal Area 144 SQ.M (1550 SQ.FT) Approx
  • Offered with a range of equipment.
  • Award winning restaurant.

Full description

A3 Restaurant - Lease for SaleDescription:

Based in the sought after area of North London, this A3 restaurant offers a Net Internal Area of 144 SQ.M (1550 SQ.FT) approx and is offered with a range of equipment.

The property has a bar/reception area to the front and extends to a dining area across ground floor and raised ground floor. The premises comfortably will fit 70-80 covers and was awarded best restaurant in 2013.

The premises is finished to a high standard and all fixtures and fittings will be included in the sale (with the exception of the art work).

Location:

• Situated on the High Road in Whetstone this premises is served by a number of bus routes.
• Located within a short distance to the Totteridge and Whetstone Northern Line Station
• Benefits from close proximity to the affluent residential areas of Totteridge, Whetstone and Woodside Park
• Within easy access to surrounding areas such as High Barnet, Mill Hill and Finchley.

Local High Street:

Also present in Whetstone are a range of multiple retailers including Waitrose, Marks & Spencer's, Boots, Barclays Bank along with a number of sole traders and smaller boutique style outlets.

Lease:
Assignment of a 16 year lease started April 2016, with 5 Yearly rent reviews and a 5 year break clause

Rent: £33,000

Premium: £60,000

Business Rates:

Interested parties are invited to make their own investigation to confirm whether any small business or rate relief may apply.

Conditions:

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

References:

A charge of £100 + VAT is payable for taking up references on behalf of proposed tenants. This fee is non-refundable after the references have been taken up, whether or not they have been accepted by the landlord.

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:-

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


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