£30,000 pa
(£25.10/sq. ft. pa)
Restaurant to letHolloway Road, Upper Holloway, Islington, London N19
1,195 sq. ft
Just added
About this property
Assignement of existing lease - Long established site for restaurant, adjacent to Upper Holloway Station, lease for sale within the Landlord and Tenant Act, premium requested.
Location
The premises are located in a prominent position on Holloway Road, opposite Marlborough Road and next to Upper Holloway Station. Situated in the heart of this densely populated commercial and residential catchment area, close to Highgate, Crouch End and Tufnell Park
The area is well-served by public transport, Upper Holloway station on the Overground is 1 minute walk, Archway Underground Station (Northern Line) is nearby, and numerous bus routes serve the immediate area. The property is also located close to Whittington Park recreational grounds, with Sainsbury's Local, Odeon Luxe Cinema, and Pure Gym a short walk away.
Description
Glass street facing frontage in prominent position on road. The unit occupies the ground and lower ground floor of this period, terrace, mixed use building. Long history of trading from the property with historical A3 license and over 8 years of good will for the current use as a Cat Cafe. Front positioned kitchen, extraction system, high ceilings, shutter, air-con.
In good condition and ready for use for any new occupier. Extensive improvements works were carried out by the current tenant including sealing and tanking the basement and a full renovation.
Accommodation
Gross Internal Area: 1195 square feet
amenities
Operating Cafe
Ground floor and basement seating
Prominent Position
High footfall and busy road
Ventilation system
WC's
Kitchen
Extraction
Adjacent to station
terms
Available on assignment of existing 10 year full repairing and insuring lease commencing from 2018, inside the landlord & tenant act.
Rent is £30K pa.
Premium sought for lease, goodwill, fixtures & fittings - offers in excess of £50,000.
Outgoings
Parties are advised to make enquiries with the local authority.
Legal costs
Each party to bear own legal costs, ingoing tenant to be responsible for the landlords legal costs associated with the assignment.
Viewing
Strictly by appointment through Sole Agents Drivers and Norris
Location
The premises are located in a prominent position on Holloway Road, opposite Marlborough Road and next to Upper Holloway Station. Situated in the heart of this densely populated commercial and residential catchment area, close to Highgate, Crouch End and Tufnell Park
The area is well-served by public transport, Upper Holloway station on the Overground is 1 minute walk, Archway Underground Station (Northern Line) is nearby, and numerous bus routes serve the immediate area. The property is also located close to Whittington Park recreational grounds, with Sainsbury's Local, Odeon Luxe Cinema, and Pure Gym a short walk away.
Description
Glass street facing frontage in prominent position on road. The unit occupies the ground and lower ground floor of this period, terrace, mixed use building. Long history of trading from the property with historical A3 license and over 8 years of good will for the current use as a Cat Cafe. Front positioned kitchen, extraction system, high ceilings, shutter, air-con.
In good condition and ready for use for any new occupier. Extensive improvements works were carried out by the current tenant including sealing and tanking the basement and a full renovation.
Accommodation
Gross Internal Area: 1195 square feet
amenities
Operating Cafe
Ground floor and basement seating
Prominent Position
High footfall and busy road
Ventilation system
WC's
Kitchen
Extraction
Adjacent to station
terms
Available on assignment of existing 10 year full repairing and insuring lease commencing from 2018, inside the landlord & tenant act.
Rent is £30K pa.
Premium sought for lease, goodwill, fixtures & fittings - offers in excess of £50,000.
Outgoings
Parties are advised to make enquiries with the local authority.
Legal costs
Each party to bear own legal costs, ingoing tenant to be responsible for the landlords legal costs associated with the assignment.
Viewing
Strictly by appointment through Sole Agents Drivers and Norris
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