£32,400 pa
(£31.64/sq. ft. pa)
Restaurant to letThe Broadway, London N14
1,024 sq. ft
Business
About this property
Lease Assignment & Business for Sale
Alcohol licence in place
Total area: Circa 1024 sq. Ft
Total covers: Circa 55-60
Business rates: £6,511 (with retail discount)
Restaurant for Sale in Southgate, North London
Property id: Rps-22791
proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
The premises
Restaurant & cafe Use (New Use Class E)
Alcohol licence in place
Total area: Circa 1024 sq. Ft
Total covers: Circa 55-60
Business rates: £6,511 (with retail discount)
Lease details
Lease: Ending in March 2038 (Inside lta 1954 Act)
Rent: 32,400/year
Rent Review Term: 5 years
Premium: £90,000 plus sav (Business, Lease & ff&E)
The location
Southgate, North London
Close to Southgate Station (Piccadilly Line)
Footfall throughout the day
Several eateries & retail shops nearby
The business
Gross Revenue: We have been informed that the business generates gross revenue of circa £234,000 per annum (£4,500/week).
Currently operated by our client and his family
Viewings & confidentiality
All interested buyers must have proof of funds to meet the premium and landlord's requirements.
All interested buyers must agree Non-Disclosure Agreement with our company due to the "Confidentiality" requested by the client.
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
Disclaimer
The above information are provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
Property id: Rps-22791
proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
The premises
Restaurant & cafe Use (New Use Class E)
Alcohol licence in place
Total area: Circa 1024 sq. Ft
Total covers: Circa 55-60
Business rates: £6,511 (with retail discount)
Lease details
Lease: Ending in March 2038 (Inside lta 1954 Act)
Rent: 32,400/year
Rent Review Term: 5 years
Premium: £90,000 plus sav (Business, Lease & ff&E)
The location
Southgate, North London
Close to Southgate Station (Piccadilly Line)
Footfall throughout the day
Several eateries & retail shops nearby
The business
Gross Revenue: We have been informed that the business generates gross revenue of circa £234,000 per annum (£4,500/week).
Currently operated by our client and his family
Viewings & confidentiality
All interested buyers must have proof of funds to meet the premium and landlord's requirements.
All interested buyers must agree Non-Disclosure Agreement with our company due to the "Confidentiality" requested by the client.
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
Disclaimer
The above information are provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
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