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Retail premises for sale

£60,000

Friern Barnet Road, London N11

Interested in this property? Call +44 20 3463 0686 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Net Internal Area 87.5 sq.M (941.50 ).
  • This unit has been ran as a restaurant for over 20 years.
  • Premium includes fixtures and fittings.

Property description

A3 Restaurant - Lease for sale

Description:

This A3 restaurant offers a Net Internal Area of 101.3 sq.M (1090 ) and is offered with a range of equipment. The property has a bar/reception area to the rear of the restaurant and a light filled to the front. The premises comfortably will fit 40-55 covers.

The premises is finished to a high standard and all fixtures and fittings will be included in the sale.

Location:

- Close proximity to New Southgate Overground.
- Arnos Grove Underground Station (Piccadilly Line)
- Access to A406, M1 and A41.
- Good bus links to surrounding areas.

Local High Street:

The surrounding area includes Virgin Gym, Costcutters and the Co-Op supermarket alongside smaller boutique style outlets.

Lease:
Assignment of a 15 year lease started in May 2016 with 5 yearly rent reviews.

Rent: £19,000

Premium: £60,000

Business Rates:

Interested parties are invited to make their own investigation to confirm whether any small business or rate relief may apply.

Conditions:

Ingoing tenant to be responsible for both parties' reasonable legal costs.

References:

A charge of £100 + VAT is payable for taking up references on behalf of proposed tenants. This fee is non-refundable after the references have been taken up, whether or not they have been accepted by the landlord.

Viewing:

Strictly via the owner's agent, Martyn Gerrard commercial department.

Please contact a member of our commercial team on .

Martyn Gerrard Commercial for themselves for Lessors, Vendors and their agents, give notice that:-

- These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
- These details do not constitute any part of an offer or contract.
- All statements or details contained within these particulars are without any responsibility on any part, to Martyn Gerrard Commercial.
- All rent prices, fees and charges are quoted exclusive of VAT.
- 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.

Property info

Floorplan(s): Floorplan

Floorplan View original

What Zoopla users think of N11

Overall rating:

  • currently 4 stars
Very good - 78% (157 ratings)

Ratings breakdown:

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Community & safety
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Entertainment & nightlife
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Parks & recreation
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Community & safety
  • currently stars
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Entertainment & nightlife
  • currently stars
  • 1
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  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 3
  • 4
  • 5
Schools & public services
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  • 1
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  • 5
Transport & travel
  • currently stars
  • 1
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Nearby transport

  • New Southgate (0.3 miles)
  • Arnos Grove (0.7 miles)
  • Bounds Green (1.2 miles)
  • London City Airport (11.6 miles)
  • London Heathrow Airport (16.4 miles)
  • London Luton Airport (20.3 miles)
  • Blackfriars Millennium Pier (7.4 miles)
  • Savoy Pier (7.4 miles)
  • Embankment Pier (7.5 miles)

Nearby schools

View all schools in Barnet
  • Holly Park Primary School (0.2 miles)
  • St Paul's CofE Primary School N11 (0.2 miles)
  • St John's CofE Junior Mixed and Infant School (0.3 miles)
  • Focus 1st Academy (0.7 miles)
  • Woodhouse College (0.9 miles)
  • Greek Secondary School of London (1.8 miles)
  • Friern Barnet School (0.2 miles)
  • Dwight School London (0.4 miles)
  • The Compton School (0.7 miles)
Note: Distances are straight line measurements

Local info for Barnet

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For more information about this property, please contact
Martyn Gerrard - Commercial Department, N2 on +44 20 3463 0686 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Martyn Gerrard - Commercial Department, and do not constitute property particulars. Please contact Martyn Gerrard - Commercial Department for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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