Location On Map
PRIME LOCATION RESTAURANT (A3)/TAKEAWAY (A5) – LEASE FOR SALE
The premises are located on the East side of Fortess Road, close to its junction with Brecknock Road & Dartmouth Park Road. The area is well served with multiple and independent retailers along with fashionable restaurants & pubs. Transport facilities are convenient with Tufnell Park Underground Station (Northern Line) within a couple of minutes’ walk. Numerous buses also serve the area.
The property comprises a ground floor A5 take-away shop with additional outside storage and 2 x garages along with a self-contained, 1-bedroom flat above which is currently let by the Leaseholder.
AREAS (All Measurements Are Approximate):
Ground Floor – Sales: 721 Sq Ft (67 Sq M)
Ground Floor – Storage & WC: 205 Sq Ft (19 Sq M)
Rear Yard – Storage Unit: 97 Sq Ft (9 Sq M)
2 x Garages: 269 Sq Ft (25 Sq M)
TOTAL: 1,292 Sq Ft (120 Sq M)
Assignment of a FRI Lease granted in March 2010 for a term of 10 years subject to a 5 yearly rent review. The Lease is contracted inside the Landlord and Tenant Act 1954.
£43,000 per annum exclusive
£17,000 per annum coming from the flat above.
£60,000 for the benefit of the Lease and all fixtures & fittings.
Each party to bear their legal cost. Landlord’s legal costs to be split.
Attached and sent separately.
We have been advised that the current business rates payable are £13,000 per annum. However, interested parties are advised to make their own enquiries to the Local Authority.
Strictly by appointment only through owners Sole Agents as above.
SUBJECT TO CONTRACT