Restaurant/cafe for sale in Golders Green, London NW11

Restaurant for Sale in Golders Green, North London

Property id: Rps-20598

Main features

Price Reduced for Quick Sale
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: £49,000 (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.

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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.