Restaurant/cafe for sale in Upper Holloway, London N19

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Property description
Rent: £21,000 pax | Circa 753 Sq. Ft | Lease: Ending November 2027
Main features
Prominent Location in North London
Outdoor Space for Circa 15 covers
Benefits for Gas Connection & Extraction
Premises Licence in Place
Lease details
Lease Ending November 2027
Rent: £21,000 pax
Rent Review Term: Every 5 years
Next Rent Review: November 2027
Premium: £75,000 (Goodwill, Lease & fixtures & fittings)
Premises
EPC Rating: D
Ground Floor: Circa 753 Sq. Ft
Covers: Inside 20 | Outdoor: 15
Extraction & Gas Connection in Place
Rateable Value: £13,750 (Eligible for Business Rate Relief)
Payable Business Rates: Circa £6,800 per annum
Benefits from Premises Licence
Licensing Hours: 11am to 11pm
The location
Holloway Road, N19
Upper Holloway Station: 0.1 mile
Archway Station: 0.3 mile
Very Close to Whittington Park
Trading
Turnover: Circa £4,500/week (£234,000/year) as per the seller
Current Trading Hours: 7:30am till 5:30pm | Mon & Tue Closed
Deliveroo & UberEats
Reason for sale
Other Opportunities
landlord’s requirement
Proof of asset in the UK
Rent Deposit of 3-6 months (subject to references)
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility
Viewings & confidentiality
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
Disclaimer
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Restaurant Property Sellers, W7 on +44 20 8033 3603 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Restaurant Property Sellers, and do not constitute property particulars. Please contact Restaurant Property Sellers 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.