9 Campdale Road, London, N7 0EA
£403.73 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
805 sq ft
75 sq m
- SECTOR
Restaurant for sale
- USE CLASSUse class orders: A3 Restaurants and Cafes
A3
Key features
- Comprises a ground floor restaurant with full commercial kitchen at basement level.
- Development potential to convert to residential, subject to getting consents.
- Pavement in front of property included.
- Full height glass frontage.
- Occupiers nearby include Post Office, Budgens, Tufnell Park Tavern and Newsagent, amongst others.
- 999 Year Leasehold with no restriction for development.
Description
Gross Initial Yield: 8.00%
Rental Income: £26,000 p.a.
VAT is NOT applicable to this property
Comprises ground floor restaurant with full commercial kitchen at basement level.
Development potential to convert to residential, subject to getting consents.
Pavement in front of property included. Full height glass frontage.
Occupiers nearby include Post Office, Budgens and Newsagent, amongst others
Property Description:
The property comprises a café/restaurant arranged over ground floor and basement, with benefit of owning the pavement in front. Development potential to convert to residential, subject to getting consents
The property provides the following accommodation and dimensions:
Ground Floor: Restaurant/Bar (30 covers)
Gross Frontage 14'2"Internal Width 14'0"
Shop & Built Depth 27'2"
Basement:
Kitchen Area Approx. 304 sq ft
Total area size of 74.79 sq m (805 sq ft)
Tenure:
Leasehold. Held on a lease for 999 years from 2nd February 2021 at peppercorn ground rent with no restrictions for development.
Tenancy:
The property is at present let to Wolf Kitchen Ltd t/a Bear + Wolf Café (having two branches) for a term of 12 years from 22nd June 2015 at a current rent of £26,000 per annum and the lease contains full repairing and insuring covenants. Deposit held of £5,486.25. Lease outside of the Landlord & Tenant Act 1954.
Location:
Holloway is an inner-city district of the London Borough of Islington, 3.3 miles (5.3 km) north of Charing Cross, which follows the line of the Holloway Road (A1). The property is located on Campdale Road, close to Tufnell Park Playing Fields and the junction with Tufnell Park Road. Occupiers nearby include Post Office, Budgens, Tufnell Park Tavern and Newsagent, amongst others.
Brochures
9 Campdale Road, London, N7 0EA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Tufnell Park Station0.3 miles
- Upper Holloway Station0.4 miles
- Archway Station0.5 miles
About Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
Notes
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