Property description
A restaurant with A3 use, in a good location mid way between Edgware and Mill Hill.The property was completely refitted only a few years ago and has quickly established a very regular eat in and take away clientele.Restaurant/coffee shop for sale with A3 use; the business currently operates as an all day café and restaurant and has a seating area for 50 covers. Offering fresh pizza, baguettes and rolls, coffees, teas and a wide range of soft drinks, this site could be operated as a full A3 restaurant. We are advised by the vendor that the turnover averages £2,000 p.w and in our opinion offers tremendous potential for further increase in the right hands.The premises is prominently located on Deans Lane and surrounded by a number of restaurants and retailers. Premium:A premium will be sought (price to be agreed) for the goodwill, kitchen equipment, furniture and fixtures and fittings. Lease:Current lease remaining of approx. 21 yearsConditions: Ingoing tenant to be responsible for both parties' reasonable legal fees. Viewing: Strictly via the owner's agent, Space Commercial department. Please contact a member of our commercial team on 0208 906 2222. Space Commercial for themselves for Lessors, Vendors and their agents, give notice that:- 1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 2. These details do not constitute any part of an offer or contract. 3. All statements or details contained within these particulars are without any responsibility on any part, to Space Commercial . 4. All rent prices, fees and charges are quoted exclusive of vat. 5. Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
SUMMARY DETAILS
Trading as a restaurant with A3 use, in a good location mid way between Edgware and Mill Hill.The property was completely re-fitted only a few years ago and has quickly established a very regular eat in and take away clientele.Restaurant/coffee shop with A3 use; the business currently operates as an all day café and restaurant and has a seating area for approx. 50 covers. Offering fresh pizza, baguettes and rolls, coffees, teas and a wide range of soft drinks, this site could be operated as a full A3 restaurant. We are advised by the vendor that the turnover averages £1800-2,000 p.w (with no or little advertising or effort) and in our opinion offers tremendous potential for further increase in the right hands.The premises is prominently located on Deans Lane and surrounded by a number of restaurants and retailers. Premium:A premium (negotiable) is sought for the goodwill, kitchen equipment, furniture and fixtures and fittings. Lease:Current lease remaining of approx. 21 years (25 years from Dec 2010)Business Rates:We are advised by the current tenant that he pays approx. £3.850 in the current year.Conditions: Ingoing tenant to be responsible for both parties' reasonable legal fees. Viewing: Strictly via the owner's SOLE agent, Space Commercial department. Please contact a member of our commercial team on 0208 906 2222. or email us - info@spaceresidential.com Space Commercial for themselves for Lessors, Vendors and their agents, give notice that:- 1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 2. These details do not constitute any part of an offer or contract. 3. All statements or details contained within these particulars are without any responsibility on any part, to Space Commercial . 4. All rent prices, fees and charges are quoted exclusive of vat. 5. Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
Property Features :
- A3 RESTAURANT WITH LONG COMMERCIAL LEASE
- VERY WELL EQUIPPED KITCHEN WITH COOKING INDUSTRIAL GRADE APPLIANCES
- LARGE KITCHEN/CATERING FACILITIES
- LARGE STORAGE AREA AT REAR
- WALK-IN COLD STORE/FRIDGE