Licensed Restaurant And Accommodation In North London For Sale

Business description

In parade on busy main road, excellent passing trade, close stn, densely pop area..1,000 sq ft, staff run, tkg £4,000/£5,000 pw. 16 years lease from 2007, 4 yearly reviews, rent £24,000 pa, rates £7,800 pa. 4-bed s/c accom let @ £18,000 pa. Lic till 1 am.

Property information

Property:

Leasehold

Lease terms:

Renewable 16 years lease was granted in 2007 with 4 yearly rent reviews and the current rent is £20,000 pa.

Leasehold rent:

£24,000 per annum

Living accommodation:

There is 4-bedroom self contained flat above which has been refurbished, has gas central heating and uPVC double glazing. The flat is currently let on shorthold tenancy @ £18,000 pa rental income

Size in square feet:

1,000

Business Operation

Reasons for selling:

Other pressing commitments forces sale.

Trading hours:

Monday - Sunday noon - 11.30 pm

Employees:

3 full time 2 part time

Years established:

3