Retail property (high street) for sale
Property description & features
- Tenure: Leasehold (9 years remaining)
- Class E
- Fully Fitted 35 40 Covers Restaurant
- Rental £22,000 per annum with rent reviews every 5 years.
- Lease Ending March 2031 (Inside the Act)
- Size: 1044
LOCATION:
The premises are located on Friern Barnet Road in Friern Barnet, Barnet, London & Close to New Southgate Overground station.
DESCRIPTION:
Fully Fitted 35-40 Covers Restaurant, Commercial Kitchen with Gas & Extraction to rear.
USES:
Class E & Premises License.
PREMIUM:
£60,000 for the benefit of the lease, fixtures & fittings.
RENTAL:
£22,000 per annum with rent reviews every 5 years.
TERMS:
Lease Ending March 2031 (Inside the Act)
BUSINESS RATES:
£2,162 per year
SIZE:
Approximately 1044 sq ft
OPENING HOURS:
7 Days 4:00 p.m tell 10:00 p.m
STAFF:
Owner manager with 4 staff
TURNOVER:
Current turnover in excess of £182,000 per annum
LEGAL COST:
To be confirmed
LOCAL AUTHORITY:
Barnet
ENERGY PERFORMANCE CERTIFICATE:
Energy Performance Asset Rating is 88 Rating. D copy of this property’s energy performance certificate is available on request
REFERENCE CHARGE:
London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been taken up, whether they are accepted or not by the Landlord.
HOLDING DEPOSIT:
A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
FIXTURE & FITTINGS:
Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
AGENT NOTE:
London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS:
Through London Properties by appointment only
Places of interest
See more properties like this:
*DISCLAIMER
Property reference Thai_Spicy_Friern_Barnet. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by London Properties - Wealdstone.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on February 2, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.