Restaurant for sale

Crouch End Hill, Crouch End N8

E class commercial unit that has successfully been trading as a pizzeria for over 20 years and has an already built loyal customer base. The property totals 1,452 sq ft across ground and lower ground floor. The restaurant has recently been refurbished and includes a fully fitted kitchen with a walk in fridge and freezer, Pizza oven, and air conditioning. The property also has a separate storage area to the rear of the property.

Location
Located on Crouch End hill directly opposite Marks & Spencers, Crouch end is a vibrant urban village known for its restaurants and local retailers. The property is a short walk away from Crouch End Clocktower. Highgate Underground Station (Northern Line) and Hornsey Railway Station are also close by. Other local occupiers include Costa Coffee, Superdrug and Barclays just to name a few.

Description
E class commercial unit that has successfully been trading as a pizzeria for over 20 years and has an already built loyal customer base. The property totals 1,452 sq ft across ground and lower ground floor. The restaurant has recently been refurbished and includes a fully fitted kitchen with a walk in fridge and freezer, Pizza oven, and air conditioning. The property also has a separate storage area to the rear of the property.

Rent: £34,000 per annum
Premium: £130,000
Assignment of a 10 year lease with circa 9 years remaining
Fully fitted Pizza restaurant
Prime location
Existing customer base
Rates: Interested parties should make their own enquiries.
Use: E class

Please contact one of our commercial property consultants at your earliest convenience to avoid potential disappointment.

Please note that we charge a £750 +VAT fee for the processing of referencing, administration and laundering.

Terms
Assignment of a 10 year lease

VAT
It is our understanding that there is no VAT

legal costs
The ingoing tenant to cover the landlords legal fees

viewing
Strictly via appointment only