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Restaurant to rent

Highgate Hill, London, N19

£23,000 pa| £1,917 pcm

Property Description

Key features

  • Sought after location
  • Established business
  • Gross internal area 99.0 SQ.M (1066 SQ.FT)

Full description

A3 Restaurant - Lease For SaleDescription:

This A3 Restaurant has been a popular choice for many of the local residents. Having run this successful establishment for 10 years our client feels it is time to move on. The restaurant offers a gross internal area of 99.0 SQ.M (1066 SQ.FT) approx.

This restaurant occupies prominent position in the desirable Highgate/Archway area. It is positioned within a very close proximity to The Whittington Hospital and is a short walk from the Archway Underground Tube Station.

Location:

- Located in a highly sought after compact High Street within the affluent area of Highgate Village.
- Within easy access of Highgate, Archway, Holloway, Kentish Town and surrounding areas.

Local High Street:

Situated along this highly sought after area are a range of multiple retailers including McDonald's, Costa Coffee, Barclays and Lloyds Banks, Nicholas Wine, William Hill, Oxfam, Pizza Express, Café Rouge and a number of smaller boutique style outlets.

Lease:
Assignment of a 10 year lease started in 2014 with 5 yearly rent reviews.

Rent: £23,000

Premium: £150,000

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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