Location On Map
RESTAURANT LEASE FOR SALE IN CROUCH END
The property is located in a prominent location on the West side of Crouch End Hill close to the junctions of Crescent Road and Edson Road. The property is situated within a parade of local occupiers in this extremely popular residential area. Local occupiers in the vicinity include M&S Simply Food, Firezza and Tootoomoo. The property is well served with transport facilities as numerous bus routes serve the area.
The property comprises a nicely decorated, double ground floor restaurant with additional storage in the back yard.
AREAS (All Measurements Are Approximate):
Ground Floor: 1,566 Sq Ft (145.5 Sq M)
(* Additional Rear Yard: 307 Sq Ft (28.5 Sq M)
Assignment of a Full Repairing and Insuring Lease granted in December 2015 for a term of 20 years subject to 5 yearly rent reviews.
£46,000 per annum exclusive
£155,000 for the benefit of the Lease and all fixtures & fittings.
We have been advised that the current Business Rates payable are £16,000 per annum. However, interested parties are advised to make their own enquiries to the Local Authority.
Each party to bear their own legal costs.
Under the Money Laundering Regulations Act 2004, we are obliged to verify the identity of proposed tenants prior to instructing solicitors in order to assist in preventing fraud and money laundering. This information is required by Law.
Available upon request.
Strictly by prior appointment through SOLE Agents as above.
Mert Seyhan (020 7482 1203 / firstname.lastname@example.org)
SUBJECT TO CONTRACT