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Retail Property (high street) for sale

Varley Parade, London, NW9

985 sq. ft. | £35,000

Property Description

Commercial information

  • 985 sq ft (91 sq m)
  • Use class orders: A3 Restaurants and Cafes and A5 Hot Food Take away

Key features

  • Premium 35,000
  • Uses A3/A5
  • Size Approximately 985 sq ft
  • Terms 19 years remaining & next rent review 2020
  • Staff Owner managed with 5 staff

Full description

Tenure: Leasehold

LOCATION: The premises are prominently located on popular busy Valley Parade in Colindale in London with plenty of footfall and traffic & local schools. The nearest station is Colindale Tube Station & West Hendon Railway Station.

DESCRIPTION: Single fronted restaurant unit with 52 covers, AC, his & hers toilet, fully fitted kitchen with prep area, bar & alcohol license, large storage area, walk-in coolers and off street parking for 4 cars


PREMIUM: 35,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

TERMS: 19 years remaining & next rent review 2020

BUSINESS RATES: 4,500 per annum. Interested parties are encouraged to make their own enquiries with the Borough of Barnet

SIZE: Approximately 985 sq ft

OPENING HOURS: Lunch Times 1:30 p.m - 2:30 p.m & Evenings 6:00 p.m - 11:00 p.m & Tuesday Closed.

STAFF: Owner managed with 5 staff

TURNOVER: Current turnover is in excess of 130,000 per annum approximately

LEGAL COST: To be confirmed


REFERENCE CHARGE: London properties charge 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

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