Location On Map
RESTAURANT LEASE FOR SALE IN CAMDEN
The subject corner premises are conveniently located off Camden High Street on the corner of Arlington Road and Delancey Street, close to the amenities to include shops, restaurants and barks of Camden Town as well the famous Camden Market. Transport facilities are convenient with Camden Town and Mornington Crescent Stations (London Underground Northern Line) being equidistant to the property. Numerous bus routes also serve the area.
The premises comprise a fully licensed restaurant arranged over ground floor & basement.
AREAS (All Measurements Are Approximate):
Ground Floor – Seating & Bar: 398 Sq Ft (37 Sq M)
Basement – Kitchen, Storage & WC: 441 Sq Ft (41 Sq M)
TOTAL: 839 Sq Ft (78 Sq M)
Assignment of an FRI Lease granted in June 2015, inside the Landlord and Tenant Act 1954, for a term of 12 years subject to 4 yearly rent reviews fixed at 12.5 % increase.
Tenant only break option at the end of the 6th year subject to 6 months prior notice in writing.
£25,000 per annum exclusive
We have been advised that the current business rates payable are circa £10,000 per annum. However, interested parties are advised to make their own enquiries to the Local Authority.
£95,000 for the benefit of the Lease and all fixtures & fittings.
Each party to bear their own legal costs. Landlord’s legal costs to be split.
Available upon request.
Strictly by appointment through owner’s SOLE agents as above.
Mert Seyhan (020 7482 1203 / email@example.com)
SUBJECT TO CONTRACT