Friern Barnet, N11

Tenure: Leasehold.

Lease remaining (For Leasehold tenure): 9 (in years).

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