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Restaurant to rent

74 Green Lanes, London, N16

1,192 sq. ft. | £15,600 pa| £1,300 pcm

Property Description

Commercial information

  • 1,192 sq ft (110 sq m)
  • Use class orders: A3 Restaurants and Cafes

Full description

Description:
The unit comprises of ground floor restaurant space with the kitchen on the lower ground floor. The unit benefits from enough space for 25 covers and the kitchen is pre fitted with extraction and cooking facilities. The current tenant has a verbal agreement to use the yard to the rear which allows for a further covers, however, this is not guaranteed as it is not within the demise of the lease. The unit benefits from 3 phase electricity, gas and water connections.

Location:

The unit is situated on a prominent pitch in the heart of the Green Lanes retail parade close to Newington Green. The unit is an 10 minute walk from Canonbury station and a 16 minute walk from Dalston Kingsland. This vibrant high street is home to many local and national operators.


Use Class:
The unit benefits from A3 (restaurant) use class.

Terms:
The property is available via assignment of the current 16 year Full Repairing and Insuring Lease from September 2013. The current passing rent is considered to be low at 15,600 per annum exclusive with 4 yearly rent reviews.
We are seeking offers in the region of 55,000 for the premium.

Business Rates:
All interested parties are advised to make their own enquiries.

Legal Costs:
Each party to cover their own legal costs incurred in this transaction.


More information from this agent

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