Takeaway for Sale on a Busy Street in North Finchley

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MAIN FEATURES

• Circa 1097 Sq. Ft
• Fully Fitted Takeaway with large kitchen
• Busy Location in North Finchley
• Suitable for any kind of takeaway or fast food business

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LANDLORD’S REQUIREMENTS

• 3-6 Months Rent Deposit Subject to References
• Accountant’s references
• Trade references
• Personal Guarantor Required

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LEASE DETAILS

• Lease: Ending April 2032
• Rent: £21,000 PAX reviewed every 5 years
• Rent Review: Was due in April 2022
• Premium: £75,000 (Lease, Business & FF&E)

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THE PREMISES

• Total Area Circa 1097 Fq. Ft
• Circa 25 Covers
• Rateable Value: 19,000
• Payable Business Rates: Circa £9,730 per annum (Discounted Rate for 2023: £2,432)
• Fully equipped open commercial kitchen
• Benefits from cold room, extraction & storage

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THE BUSINESS

• Trading as a takeaway, this business is operated by 3 Full Time and 2 Part Time Staff
• Gross Turnover: Circa £4,500 to £5,500 (as per the seller)
• Opening Hours: 12pm till 11pm

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THE LOCATION

• High Road, North Finchley, N12
• Next to North Finchley Bus Station
• Busy Street with multiple retailers
• Passing Trade Throughout the Day

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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.

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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.