Restaurant/cafe to let in Green Lanes, London N13

Green Lanes, Palmers Green N13

Take-away/restaurant with residential accommodation comprising a long established take-away fish and chip restaurant that has been in the same hands for over 30 years. The premises includes a residential flat which is self-contained and arranged over two upper floors which is currently sub-let and producing £19,200 pa. The business has a good regular repeat trade and good turnover despite the limited opening hours. The turnover could be boosted further with additional opening hours and refurbishment throughout. The business does not currently offer any delivery service and with it the turnover could be boosted enormously. The rent is highly subsidised by the residential rental income. We recommend inspecting as soon as possible.

Areas:

Shop area 5.09m wide x 11.50m deep

630 sq ft (58.53 sq m)

Residential accommodation (accessed via the rear of the property)

1st floor lounge & kitchen diner

2nd floor 2 x bedrooms and a bathroom

Gas central heating (not tested)

*There is parking to the rear of the property for 2 vehicles

Lease:

The entire property is held on a lease for a term of 20 years from 25th February 2010 with 4 yearly rent reviews at £29,000 pa

Premium: £58,000 sought for the fixtures, fittings and equipment