* Calls to this number will be recorded for quality, compliance and training purposes.
Restaurant/cafe for sale
Century24 Ltd are delighted to market this great opportunity to acquire a Fast food Shawarma, Pizza and burger shop eat in/take away A3 licence on parade of Grays Inn Road, London close to Kings Cross St Pancras Station with two residential studio apartments vacant and need of refurbishment.
Premises comprises of a large seating area for 15 people inside and 6 seats for outside, grill, drinks fridge, 2 x cabinet display counter, separate office space. This commercial unit is situated in an excellent location, benefiting from good passing trade, and within popular area of Kings Cross central with good passing trade and large upmarket residential area. Premises has a basement area with fridge, electric cooker and large pizza oven.
Business Premium: £135,000 includes fixtures and fittings Rent: £38,000 per annum including two residential flats above the shop Deposit: 4 x Months Tenure: 6 Years renewable Lease Uses: A3 Restaurant & Hot Food Takeaways Business rates: (We do advise all interested parties to make their own enquiries with the local authority)
Residential units: 2 x Studio apartments above the shop are included in the rent, that need refurbishment. Both flats need substantial refurbishment. Furthermore, there is planning permission in place to convert both studios to one-bedroom apartments. The two flats have a separate entrance next to the shop. Potential rental income of £1500 to £2000pcm per flat.
Century24 Ltd admin fee of 6% of agreed business premium payable by in going assignee's.
Century24 Ltd highly advise early viewing to avoid disappointment. For more information and to arrange viewing please call our Commercial Sales Department or leave us a email.
***No approach whatsoever should be made to the owner of the premises***
Century24 Ltd is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
For more information about this property, please contact Century 24 Ltd, E10 on +44 20 8115 7657 * (local rate)
Contact Century 24 Ltd about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Century 24 Ltd, and do not constitute property particulars. Please contact Century 24 Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.