Restaurant/cafe for sale in High Road, Whetstone, London N20

Guide price £950,000 (£545.04/sq. ft)
Interested in this property? Call +44 20 3478 3236 * or Request Details

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Restaurant/cafe for sale

1,743 sq. ft*

Property features

  • Investment Opportunity
  • Imposing, corner sited, High Road freehold building
  • All flats have been sold off on long leases
  • Business not affected
  • Freehold Sale
  • Area well served for public transport

Property description

An imposing, corner sited, High Road freehold building comprising; ground and basement level restaurant unit - trading as Matthew's Kitchen, plus 5 flats above.

All flats have been sold off on long leases - lease terms & ground rent details overleaf.

The High Road benefits from an array of shops, restaurants & coffee shops - including; Boots, Waitrose, Costa Coffee, Marks and Spencer, and a number of independent traders.

The area is well served by public transport, with bus services running along the High Road, and with Totteridge & Whetstone underground station (Northern Line) being within a quarter of a mile.

All viewings strictly by appointment only

Ground Rent & Lease Details

Matthew's Kitchen
1288-1290 Let on a 20 year term commencing
June 2021 Passing rent £63,500 pax, Next Review date June 2026
Break option - August 2027

flat 1288a 189 year lease commencing
Dec 1987 Approximately 153 years remaining
Ground Rent currently £200 pa

flat 1288b 189 year lease commencing
Dec 1987 Approximately 153 years remaining
Nil Ground Rent

flat 1290a 189 year lease commencing
Dec 1987 Approximately 153 years remaining
Ground Rent currently £250 pa

flat 1290b 189 year lease commencing
Dec 1987 Approximately 153 years remaining
Ground Rent currently £200 pa

flat 1290c 189 year lease commencing
Dec 1987 Approximately 153 years remaining
Ground Rent currently £200 pa

Commercial Unit Energy Performance Certificate: D

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Maunder Taylor, N20 on +44 20 3478 3236 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Maunder Taylor, and do not constitute property particulars. Please contact Maunder Taylor 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.

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