Property photos
Just added
Business
£675,000
(£675,000.00/sq. ft)
Restaurant for sale
Green Lanes N131 sq. ft
Local area information
Property location
Nearby amenities
- Tottenhall Infant School 0.1 miles
- St Michael at Bowes CofE Junior School 0.3 miles
- Bowes Park 0.5 miles
- Palmers Green 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Bowes Park, Palmers Green and Wood Green to find out more about the local area.
Features and description
Varosi Estates is delighted to offer the freehold on the restaurant in the heart of N13.
The restaurant currently has a tenant who's lease expires in 2032. The current rate of rent received is £26k per annum. There is a rent review in 2028 where there is an opportunity to increase the rent.
It is a full repair and insuring lease (Fri) so tenant maintains the property solely at their own expense.
The freeholders obtains insurance and tenant pays the premium after insurance is secured by the Freeholder.
The latest premium to renew insurance for the commercial property was approx. £1,725.
Rent is received quarterly, the payment dates are 25th March, 24th June, 29th September and 25 December
The restaurant currently has a tenant who's lease expires in 2032. The current rate of rent received is £26k per annum. There is a rent review in 2028 where there is an opportunity to increase the rent.
It is a full repair and insuring lease (Fri) so tenant maintains the property solely at their own expense.
The freeholders obtains insurance and tenant pays the premium after insurance is secured by the Freeholder.
The latest premium to renew insurance for the commercial property was approx. £1,725.
Rent is received quarterly, the payment dates are 25th March, 24th June, 29th September and 25 December
More information
Listed by
Varosi Lettings & Estates Ltd
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Property descriptions and related information displayed on this page are marketing materials provided by - Varosi Lettings & Estates Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Varosi Lettings & Estates Ltd for full details and further information.