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Retail Property (high street) for sale

Seven Sisters Road, London, N15

800 sq. ft. | £47,500

Property Description

Commercial information

  • 800 sq ft (74 sq m)
  • Use class orders: A3 Restaurants and Cafes

Key features

  • Premium 47,500
  • Uses A3
  • Rental 12,000
  • 20 years, with approximately 14 years of the current term remaining and reviews every 4 years
  • Size Approximately 800 sq ft
  • Monday-Saturday - 11am to 12midnight & Sunday 1pm to 12midnight
  • Own Managed with 2 staff
  • Current turnover in excess of 80,000 per annum approximately

Full description

Tenure: Leasehold

LOCATION: The premises are prominently located on popular and busy Seven Sisters Road in Haringey. The nearest Stations are Seven Sisters & South Tottenham. The subject premises occupy an outstanding and highly visible trading position among other independent operators

DESCRIPTION: This very well established concern currently primarily offers a full and varied takeaway menu of classic fried chicken meals and burgers prepared freshly to order in its fully equipped in-house catering facilities also serves an excellent choice of associated side orders and soft drinks and would naturally furnish any enthusiastic purchaser with considerable scope for continued growth, not least with regard to a degree of menu expansion and to the possible provision of delivery services in order to exploit year-round local demand. The main public area also features a prominent, fully fitted food serve-over counter with full complement of heated and refrigerated food and drink display facilities, electronic till/food ordering point and easy open access to a fully fitted and equipped "theatre style" commercial food preparation area with extraction system housing ample work surfaces, storage units, a fully equipped washing-up kitchen area and a full range of well maintained, industry standard stainless-steel catering appliances, all of which we understand are to be included in the sale price and further details of which will be made available upon request to any genuine interested parties. The premises also incorporate 2 x good-sized general dry goods storage areas and a refrigerator/freezer store, with further ancillary accommodation consisting of all the usual washroom/WC facilities and an additional large unused area to the rear, which we understand would afford excellent potential for conversion to private living accommodation subject, of course, to the obtaining of any necessary consents. The property also enjoys the added security benefit of a full alarm system.

BUSINESS: The business would also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing services, particularly with reference to the possible introduction of online advertising and ordering, in order to improve upon the already very respectable levels of turnover it is achieving in the hands of the current sole proprietor, and we would strongly recommend the earliest possible viewing to avoid disappointment

USES: A3

PREMIUM: 47,500 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL: 12,000 per annum

TERMS: 20 years, with approximately 14 years of the current term remaining and reviews every 4 years

BUSINESS RATES: Approximately 2,000 per year. Interested parties are encouraged to make their own enquiries with the Borough of Haringey

SIZE: Approximately 800 sq ft

OPENING HOURS: Monday-Saturday - 11am to 12midnight & Sunday 1pm to 12midnight

STAFF: Own Managed with 2 staff

TURNOVER: Current turnover in excess of 80,000 per annum approximately

LEGAL COST: To be confirmed

LOCAL AUTHORITY: Haringey

REFERENCE CHARGE: London Properties charges a fee of 200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: 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

AGENT NOTE: London Properties 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 London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS: Through London Properties by appointment only.

MAILING LIST: We at the London Properties Sales Team hope to be in regular contact with you to assist in your search for a suitable property. To keep our records up to date we request that you keep us informed as to the progress of your search so as to avoid any unnecessary inconvenience. Thank you for your assistance in this matter.

DETAILS BY E-MAIL: We can send full colour sales particulars by e-mail. If you would like to receive details via this medium, please either telephone us with your e-mail address or send an e-mail to the sales team at:
info@london-properties.co.uk

FREE VALUATIONS &
MARKETING ADVICE: We at London Properties would like to assist you with the sale of your property? Just contact the sales team and we will be pleased to offer you a free valuation and market appraisal, a service that we provide with obligation. Competitive fees are available for both sole and multiple agency instructions. Please contact the sales team on:
020 8861 4615


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