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The Broadway, Mill Hill, NW7 3TG

1,640 Sq Ft / Retail / Retail - High Street

Withdrawn - Last updated: 04 December 2014

London Properties are pleased to offer to the market this Excellent opportunity to purchase a well fitted restaurant situated on Mill Hill Broadway surrounded by numerous successful restaurants to including the famous Good Earth Chinese, Prezzo, Hee''''s Chinese and Costa Coffee and within walking distance to Mill Hill British Rail Station and bus depo. The premises offered in good condition with fully fitted kitchens and access to the rear for deliveries. Floor to ceiling windows and reception greeting bar area leads to approx. 90 covers, kitchen to rear and customer toilets. Internal viewings are highly recommended through London Properties by appointment only.

 

Location

The premises are prominently located on arguably the best spot on Mill Hill Broadway surrounded by numerous successful restaurants to including the famous Good Earth Chinese restaurant, Prezzo, Hee’’’‘s Chinese and Costa Coffee and within walking distance to Mill Hill British Rail Station and bus depo.

 

Terms

The property is held by a new Full Repairing and Insuring Lease. The lease is subject to 5 yearly rent reviews


 

Specification

LOCATION:

 

The premises are prominently located on arguably the best spot on Mill Hill Broadway surrounded by numerous successful restaurants to including the famous Good Earth Chinese restaurant, Prezzo, Hee’’’‘s Chinese and Costa Coffee and within walking distance to Mill Hill British Rail Station and bus depo.

 

 

 

DESCRIPTION:

 

The premises offered in good condition with fully fitted kitchens and access to the rear for deliveries. Floor to ceiling windows and reception greeting bar area leads to approx. 90 covers, kitchen to rear and customer toilets

 

 

 

USES:

 

A3

 

 

 

TERMS:

 

The property is held by a new Full Repairing and Insuring Lease. The lease is subject to 5 yearly rent reviews

 

 

 

PREMIUM:

 

£150,000 for the benefit of the lease, fixtures & fittings.

 

 

 

RENTAL:

 

£45,000 per annum

 

 

 

BUSINESS RATES:

 

We are advised that the business rates payable currently stand at approximately £10,892.75 per annum. All interested parties are encouraged to make their own enquiries with the London Borough of Barnet

 

 

 

OPENING HOURS:

 

Monday -Sunday 12:00 p.m - 15:00 p.m & 17:00 p.m - 23:30 p.m

 

 

 

STAFF:

 

Own managed with 8 staff.

 

 

 

SIZE:

 

Approximately 1640 sq ft

 

 

 

UTILITIES:

 

All main services are connected

 

 

 

LOCAL AUTHORITY:

 

Barnet

 

 

 

LEGAL COST:

 

To be confirmed

 

 

 

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

 


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