No longer on the market
This property is no longer on the market
Floorplan
MapRetail property (high street)
Retail property (high street)
Features and description
- Retail
- Licensed Premises
- Leasehold
ON GOING BUSINESS FOR SALE
This extremely popular fully licenced and stocked wine bar between upper Holloway and Whitehall Park. Close to both Crouch Hill and Archway Stations. The premises is finished to a high standard with an outside patio and private room to the rear, predominately on ground floor with small basement. Assignment of the existing lease which has 12 years remaining and is renewable. Passing rent is currently £17,000 per annum with a fixed increase in January 2024 to £19,000. Business rates are exempt.
Our client wishes to assign his licence to a new operator subject to the new party being accepted by the local authority.
Asking Price - Premium of £50,000
Annual rent £17,000
including all stock and fixtures with the exemption of an Egyptian Mural which is on loan.
This extremely popular fully licenced and stocked wine bar between upper Holloway and Whitehall Park. Close to both Crouch Hill and Archway Stations. The premises is finished to a high standard with an outside patio and private room to the rear, predominately on ground floor with small basement. Assignment of the existing lease which has 12 years remaining and is renewable. Passing rent is currently £17,000 per annum with a fixed increase in January 2024 to £19,000. Business rates are exempt.
Our client wishes to assign his licence to a new operator subject to the new party being accepted by the local authority.
Asking Price - Premium of £50,000
Annual rent £17,000
including all stock and fixtures with the exemption of an Egyptian Mural which is on loan.
About this agent
Goldschmidt & Howland - Highgate
Stanhope House, 4-8 Highgate High Street
Highgate
N6 5JL
020 8022 7118Goldschmidt & Howland Estate Agents are the leading professional Sales and Lettings Agency in the North, North West and West London areas. Specialising in property for sale, property for rent, property developments, property management and a range of property services. Having been established since 1888 we have a unique understanding of the areas we cover and what they have to offer, with essential information gathered from a wide range of sources.