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High Road, Wood Green, N22 8JX
850 Sq Ft / Leisure / Restaurants / Cafes
Withdrawn - Last updated: 30 September 2014
Comprising a comfortable well fitted cafe/bistro which has been established for many years in Wood Green area. It serves as an ideal meeting place for commuters travelling to and from central London. There are also several bus stops located next to the premises which further add to the high volumes of footfall past the business. The business currently operates under an A1 user class. The business would be ideal for a purchaser entering the market as a new venture or indeed and existing operator seeking to expand their portfolio. The current owners wish to sell due to other business commitments.
Location
The premises are prominently located on High Road, & The corner of Canning Crescent & a short distance from the junctions of Kings Road & Neville Place. The premises are surrounded by a number of multiple independent takeaways and other retailers. Wood Green Under Ground station is a short walk distance away.
Accommodation
SIZE: Approximately 850 sq ft
Terms
USES: A1
TERMS: The premises are available on a 13 years full repairing and insuring lease.
RENTAL: £15,000 per annum
TURNOVER: Advised average gross weekly turnover is £1,800 per week.
BUSINESS RATES: £6,000 per annum.
PREMIUM: £55,000 for the benefit of the lease, fixtures, fittings and goodwill
LEGAL COSTS: Each party is to bear their own legal costs with the in-come buyer to bear Freehold’s costs.
REERENCE 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.
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