High Road, Whetstone, N20 0LH

The properties are pleased to offer to the market this A3 restaurant situated n the busy High Road in the sought after area of North London. This is now a very well established concern which enjoys all the considerable commercial advantages of a fantastic corner trading position. The nearest station is Totteridge & Whetstone Station and is just under half a mile away. The property has a bar/reception area to the front and extends to a dining area across ground floor and raised ground floor. The premises comfortably will fit 70-80 covers and was awarded best restaurant in 2013. The premises is finished to a high standard and all fixtures and fittings will included in the sale. Internal viewings are highly recommended through London Properties by appointment only

Assignment of the existing lease and details to be confirmed.

DESCRIPTION:

The property has a bar/reception area to the front and extends to a dining area across ground floor and raised ground floor. The premises comfortably will fit 70-80 covers and was awarded best restaurant in 2013. The premises are finished to a high standard and all fixtures and fittings will included in the sale (with the exception of the art work). The business has been built over 7 years and our client will produce accounts and takings information upon a genuine note of interest.

TERMS:

Assignment of the existing lease and details to be confirmed.

USES:

A3

PREMIUM:

£84,950 for the benefit of the lease, fixtures & fittings.

RENTAL:

£31,000 per annum

BUSINESS RATES:

£7,186 for year 2014. Interested parties are recommended to make their own enquiries with the Rating Department of Barnet Council.

OPENING HOURS:

Monday - Saturday 6:00 p.m to 11:30 p.m & Sunday 12 noon Sunday Buffet til 5:00 p.m & Open on all Bank Holidays.

TURNOVER/ACCOUNTS:

The business has been built up over 7 years and our client will provide accounts and takings information upon a genuine interest.

STAFF:

Owner managed with 7 staff.

SIZE:

Approximately 1450 sq ft

YARD:

Yard area to rear of the property and off street parking for one/two cars.

UTILITES:

All main services are connected

LOCAL AUTHORITY:

Barnet

LEGAL COSTS:

Each party is to bear their own legal costs

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

FIXTUTRE & 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.