London, NW2

Lettable area description

The subject property has a totalnet lettable area of approximately 830 sq. ft (77.11 sq. m).  The previous use was a restaurant, and themain restaurant dining area is approximately 538 sq. ft (50 sq. m) and the kitchenincluding fixtures and fittings with appliances and ancillary space to the rear,is approximately 292 sq. ft (27.11 sq. m). Water, gas and electricity servicesavailable.

At the rear of the premises isa substantial, shared, yard and service area for parking and deliveries.

Location

The property is within aretail parade within a 4-storey, mixed use building with residential unitsabove in Cricklewood Lane: a busy road linking north London with north-westLondon, with easy access to the M1 to the north, near Brent Cross.  The property is approximately 400 meters fromCricklewood railway station (Thameslink), 600m from Cricklewood Broadway and1.6km from Golders Green. 

Planning

Theproperty use is class E under the Town and Country Planning (Use classes).

Otheruses are possible, subject to planning approval, e.g. hot food takeaway (Classuse: Sui Generis).  It is advised thatall proposals are discussed with Barnet Council’s Local Planning Authoritybefore submission of your proposal.  

Leaseand Rental terms

10 year contracted-out lease with upward-onlyrent reviews based upon the consumer price index on the 3rd, 6thand 9th anniversary of the lease commencement date.  Tenant break option on the 5thanniversary of the lease commencement date.

Offers invited at an initial rent above£18,000 per annum on full repairing and insuring terms. A six months’ rentdeposit will be necessary. The landlord will reserve the right to obtainproportionate contributions for the repair and maintenance of the rear yard andstructure of the building.

Tenant’sCosts

The prospective tenant will beresponsible for the Council’s legal and surveyor’s fees.  The Rateables Value is £11,250 per annum andthe Business Rates payable is £5,614 per annum.