Fully Fitted Douible Fronted Restaurant in Whetstone

Key Features

• New Lease Available
• Fully Fitted to a High Standard
• Excellent Transport Links
• Premises Licence In Place

Description

The premises is laid out entirely on the ground floor with seating for approximately 80 covers with a fully fitted kitchen with extraction to the rear. There are also customer and staff WCs, cold and dry storage, and a small office.

Available area

The accommodation comprises the following areas:

Location

Very prominently located on the High Road in Whetstone in amongst numerous local and national restaurants and retailers. The area has high footfall day and night and every day of the week.

Tenure

A new FRI Lease to be granted, subject to 5 yearly rent reviews. It is understood that the lease will be granted within the L&T act 1954.

Asking Rent

Offers in the region of £55,000 per annum exclusive.

Premium

Offers in the region of £200,000 for the benefit of the new lease, licence and fixtures & fittings (Subject to inventory).

VAT

VAT may be applicable to the rent, premium and all other figures quoted.

Planning/Licence

The premises benefit from E Class planning use and a premises licence allowing the sale of alcohol with food with the standard restaurant hours and conditions.

Confidentiality

Highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.

Holding Deposit

A holding deposit will be required to secure the property which will allow a period of exclusivity and will be held in the CDG Leisure client account.