Corner Restaurant with Outside Seating in Busy Location

Key Features

• Lovely Corner Pitch
• Busy Location
• Close to Station
• Low Rent
• 70 Cover Restaurant with Additional Outside Seating
• Fully Fitted

Description

The fully fitted restaurant premises benefit from an extensive, glazed, corner frontage and are arranged to accommodate approximately 70 covers with the kitchen and storage to the rear. There are a further 8 covers on the pavement in front of the restaurant.

Available area

The accommodation comprises the following areas:

Location

The prominent corner premises occupy an enviable position on Hale Lane, Edgware close to numerous independent restaurants, shops, cafes and bars alongside Tesco, Nando’s, Creams Cafe and Caffe Nero to name but a few. The restaurant is a 4-minute walk from Edgware station on the Northern line.

Tenure

The premises are available by way of an assignment of our client’s Full Repairing & Insuring lease, granted in July 2019 for 10 years, held inside the security of tenure provisions of the Landlord & Tenant Act 1954.

Passing Rent

£25,000 per annum exclusive, subject to 5 yearly rent reviews.

Premium

Offers in the region of £120,000.

VAT

All prices quoted may be subject to VAT if applicable.

Planning/Licence

The premises benefit from E Class planning use with a premises licence allowing the sale of alcohol until 11pm Monday to Saturday and 10.30pm on Sunday.

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 CDG Leisure client account.