Ballards Lane, North Finchley N12

Long established and fully fitted restaurant with the added benefit of residential accommodation above arranged as 4 bedrooms plus bathroom which is accessed via the restaurant and ideal for staff accommodation. The restaurant comprises approximately 50 covers plus al fresco pavement dining for 8-10. The property is quite deep and incorporates a good size kitchen, pizza/prep area, oven, large walk-in cold room and storage area. There is a fully fitted bar area. The premises are offered with all fixtures, fittings and equipment (not tested). This is an excellent opportunity to take over a thriving business that covers eat-in and take-away/delivery or convert to a different cuisine, if required.

Location:

Situated on Ballards Lane close to Tally Ho where Ballards Lane meets Kingsway and Dale Grove. This is very close to the North Finchley bus depot. The premises are set within a nice parade with good parking facilities close by. North Finchley is a busy area, densely populated and the nearest underground station is West Finchley (Northern Line Barnet Branch).

Areas:

Restaurant 678 sq ft (63.03 sq m)
Pizza area/WC 324 sq ft (30.12 sq m)
Kitchen 168 sq ft (15.61 sq m)
Cold room/storage 140 sq ft (13.04 sq m)
Total area 1310 sq ft (121.80 sq m)
Plus residential upper part of 4 bedrooms & 1 bathroom


Lease:

Held on a 15 year full repairing and insuring lease from 16th January 2013 (expiring 15th January 2028) at £29,600 pa. The lease is held within the Landlord & Tenant Act 1954 (renewable).

Premium:

£75,000 sought for the fixtures, fittings and equipment