Property description
We are delighted to present this spacious highly visible A3 usage fast food restaurant currently trading as a Sam’s Chicken and Chip shop. Located on Tottenham High Road only a few hundred yards from White Hart Lane Stadium home to Tottenham football club. Situated in a great location as 30,000 fans visit the stadium for home games on a weekly basis offering a great flow of footfall and business directly to this property. Tottenham stadium have also started construction work for their brand new stadium with a capacity of 61,000 and a brand new 5* Hotel next door. This will double the flow of fans visiting this location ensuring even more business.
This property comprises of a spacious shop floor measuring a total of 913.71 sq. ft. as well as a waste space at the rear of the property with a separate exit to dispose of this measuring a total of 201.2 sq. ft. The property offers a large array of equipment no more than 3 years old such as a walk in fridge and separate walk in freezer. A few more examples of the equipment include a Peri Peri Machine, Marinade Machine, Breading Tables and Rotational Ovens and many more. The property is being offered as a lease assignment with 16 years remaining on the lease. The seller is seeking a premium of £150,000. An option to continue trading as a Sam’s Chicken Franchise is also possible for a further £10,000 franchise fee.
AccommodationShop Floor:
Front of Till – 247.44 Sq. Ft.
Behind Till Working Area – 666.27 Sq. Ft.
Cloak Room – 18.64 Sq. Ft.
Toilet – 34.04 Sq. Ft.
Office – 36.86 sq. ft.
Garden Space – 201.2 Sq. Ft.
TOTAL – 1,114.37 Sq. Ft.TenureLeasehold/Lease Assignment – £20,000 per annum.
Our client wishes to assign the lease which has 16 years remaining (renewable lease).
Premium£150,000 for Goodwill, Fixtures/Fittings and Equipment. With a further option of continuing running the business as a Sam’s Chicken for a further £10,000 franchise fee.
Legal feesThe incoming buyer/tenant is responsible for all legal costs.
RatesWe have been advised that the rates payable is £3500 per year. However, interested parties are encouraged to make their own enquiries with the local authority.
If you would like to arrange a viewing for this property, please call us on 020 7510 0860 or alternatively call our property consultant directly on 074 1586 3800.
Viewings Strictly Through Appointment Only
Property Features :
- Large A3 Usage
- Over 1000 sq. ft.
- 2 Minute Walk from Tottenham Stadium
- Main Road
- Busy Footfall