Camden Restaurant/Takeaway

Key Features

• Fully Fitted Fast Food Unit
• Full Cooking
• Air Recirculation System Installed
• Newly Fitted Out
• Excellent Location with High Foot Traffic
• Close Proximity to Camden Town Tube Station

Description

The premises are currently fitted out as a fast food franchise, in a bright and inviting style over ground floor only. There is a reco air system to allow cooking which is done with electric. There is space for approximately 15 covers with a fully fitted kitchen to the rear. There is also a large rear yard which could be used for customer seating or storage.

Available area

The accommodation comprises the following areas:

Location

The property occupies a good position on Parkway, Camden, alongside independent café and restaurant operators as well as Pizza Pilgrims, Five Guys and Gails.

Tenure

Assignment of the existing lease with expiring in 2038, subject to 5 yearly rent reviews. The lease is granted inside security of tenure provisions of the Landlord & Tenant Act 1954. The next rent review is understood to be in December 2028.

Passing Rent

£36,000 per annum exclusive.

Premium

Offers invited in the region of £65,000 to include the leasehold interest and non-branded fixtures and fittings (subject to inventory).

VAT

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

Planning/Licence

The premises benefit from E Class planning use. The premises previously held a licence allowing the sale of alcohol until 10pm every day of the week.

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.