Green Lanes, Palmers Green
- SIZE AVAILABLE
1,038 sq ft
96 sq m
- SECTOR
High street retail property to lease
Lease details
- Lease available date:
- Ask agent
Description
LOCATION
Situated in a high footfall position along the bustling Green Lanes high street, at the popular 'Triangle' junction with Aldermans Hill. The property is within walking distance to Palmers Green mainline station, providing quick connections into central London.
Excellent access to the North Circular Road (A406) — just half a mile south
Surrounded by national and local occupiers including Sainsbury´s, Costa Coffee, and Domino´s, enhancing footfall and visibility
DESCRIPTION
Fully Fitted Lounge/Shisha Bar with Outdoor Garden (Lease Assignment)
Prime North London venue, fully licensed and ready to trade.
Fully fitted lounge/shisha bar with outdoor garden area available via lease assignment.
Approx. 1,038 sq ft (Ground & Basement)
Rent: £20,400 p.a. Premium: £55,000 (Fixtures, Fittings & Equipment) Lease: 15 years (≈ 5 yrs remaining)
Features:
- Trading successfully for over 10 years
- Turnkey setup with sound system, air conditioning & bar
- Outdoor garden ideal for shisha service
- Licensed for alcohol & shisha
- Established, loyal clientele
Alternative option - Business Partner Opportunity: Hayate Lounge (Shisha Lounge & Café)
Join as an active partner in the established Hayate Lounge, a premium shisha café in North London.
Fully fitted and equipped, ready to trade, including outdoor shisha area.
Rent: £20,400 p.a. (or £18,000 p.a. under new 10-year lease)
Premium: £70,000 (Fixtures, Fittings & Equipment)
Investment:
- £35,000 for 50% ownership (1-3 year term)
- Existing tenant remains a sleeping partner (no daily involvement)
- Active partner to manage day-to-day operations
Highlights:
Fully fitted, ready-to-trade setup
Prime North London location
Attractive rent & flexible lease options
Equal 50/50 profit share
Low entry cost
Fees: £750 + VAT (referencing, admin & AML)
TERMS
Assignment of a 15 year lease
OUTGOINGS
Interested parties should make their own enquires
VAT
It is our understanding that VAT is not applicable
LEGAL COSTS
The ingoing tenant to cover the landlords legal fees
VIEWING
Strictly via appointment only
Green Lanes, Palmers Green
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Palmers Green Station0.1 miles
- Bowes Park Station0.8 miles
- Bounds Green Station0.9 miles
Notes
Disclaimer - Property reference 102099002740. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mi Commercial, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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