Restaurant for Sale in Golders Green (Under Offer)

  • Premium £72,000
  • £22,800/Annum
Golders Green, London, UK
UNDER OFFER BUSINESS & LEASE FOR SALE

Restaurant for Sale in Golders Green (Under Offer)

Golders Green, London, UK
  • Premium £72,000
  • £22,800/Annum

Description

Restaurant for Sale in Golders Green, North London


MAIN FEATURES

  • Located in Finchley High Road
  • High Visibility
  • Gas & Extraction in Place
  • Fully Fitted Restaurant
  • Suitable for Takeaway & Cafe too

LANDLORD’S REQUIREMENTS

  • 6 month’s rent deposit subject to references
  • Personal Guarantor subject to references
  • Proof of funds
  • Accountant’s references
  • Trade references

LEASE DETAILS

  • Lease: Ending December 2034 (Inside the Act of 1954)
  • Current Rent: £22,800 PAX
  • Rent Review: Every 4 years
  • Next Rent Review: December 2026
  • Premium: £72,000 (Business, Lease & FF&E) + SAV

THE PREMISES

  • Circa 679 Sq. Ft
  • Circa 22 Covers Restaurant
  • Payable Business Rates: Circa £9,481/annum (Rateable Value: £19,000)
  • Fully Fitted Commercial Kitchen
  • Premises Licence in Place
  • Gas & Extraction in Place
  • Cold Room

THE LOCATION

  • Finchley, London NW11
  • 0.8 miles to Brent Cross
  • 0.6 miles to Golders Green Station

TRADING & FINANCIALS

  • Gross Sales Revenue: We have been informed that the restaurant generates gross revenue of circa £312,000 per annum (£6,000/week).
  • Currently our client’s manages the restaurant with extra 1 Full Time Staff.

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

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.

Details

Updated on February 5, 2024 at 4:22 pm
  • Price: Premium £72,000
  • Size: 679 Sq. Ft
  • Covers: 22
  • Use: Restaurant
  • Type: RESTAURANTS, TAKEAWAYS, CAFES
  • Status: UNDER OFFER

Overview

  • RESTAURANTS, TAKEAWAYS, CAFES
  • Type
  • 679
  • Sq. Ft

Contact Information

RPS_Agent
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