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Restaurant for sale

Long Lane, East Finchley, London, N2

Sold STC £285,000

Property Description

Full description

Tenure: Freehold

A3 Freehold Tenanted Investment - For SaleDescription:

This A3 Tenanted Investment is located within a mix used parade.

The tenant has 10 years remaining on their lease with no break clause and 5 yearly rent reviews currently paying £15,500 PAX. The two flats above have been sold on with long leases and generate £150 per annum each as ground rent.

Location:

• Ease of access to North Finchley, Finchley Central, Mill Hill and Golders Green, and surrounding areas.
• Situated midway between Finchley Central and West Finchley (Northern Line) tube station.
• Within easy access of the A1, A1000 and A406 North Circular.

Local High Street:

Situated off of high road East Finchley on one of the main thoroughfares from Finchley Central to East Finchley, Long Lane, this unit is located within a mix used parade and within close proximity to a range of unique small outlets.

Tenure: Freehold

Price: £285,000

Conditions:

Both parties to be responsible for their own 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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