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Shop to rent

Muswell Hill Broadway, London, N10

£42,200 pa| £3,517 pcm

Property Description

Key features

  • Shop and upper parts
  • Prime location
  • Ground floor are of 138 SQ.M (1485 SQ.FT)

Full description

Wine Bar / Night Club Lease For SaleDescription:

We are happy to offer a fantastic opportunity to acquire a shop and upper parts situated in one of North London's most sought after areas, in the prominent location of Muswell Hill the Broadway.

Currently trading as a late night bar which benefits from an entertainment & Music license this exceptional opportunity is now available to let with 4 x studio flats above.

The studio flats are currently generating £40,000 per annum.

The commercial unit has a total ground floor area of 138m2 (1485ft2 Approx) The unit further benefits from a lower ground floor which has further storage space with male and female toilets.

Location:

- Surrounded by affluent areas such as Crouch End, Highgate and East Finchley.
- Highgate (Northern line) being the closest Underground station.
- Access to major road networks such as A406, A10

Local High Street:

Also present in Muswell hill are Starbucks, Marks & Spencer's, Pizza Express, along with a large number of other multiple retailers and eateries as well as smaller boutique style outlets.

Lease: Assignment of a 15 years lease with 13 years remaining.

Rent: £42,500 PAX

Premium: £375,000

Business Rates:

Interested parties are advised to make their own investigation.

Conditions:

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

Viewing:

Strictly via the owner's agent, MARTYN GERRARD COMMERCIAL DEPARTMENT.

Please contact a member of our commercial team on 020 8444 3445.
EPC Rating: C

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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