Restaurant / Cafe
£45,626.00/Per Annum
Commercial Let

The Broadway, London, NW7 3LL

Property No:
PROP0029
Break Clause:
-
Size :
1012 sqft
Lease Type:
Licence Agreement
Minimum Lease:
-
Current Status:
-
Loading:
-
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Amenities And Features
  • Busy High Street Location
  • Available Immediately
Property Details
  • Property No

    PROP0029

  • Asking Rent

    £45,626.00 Per Annum

  • Lease Type

    Licence Agreement

  • Size

    1012 sqft

  • Minimum Lease

    -

  • Break Clause

    -

  • Availability

    Immediately

  • Business Rates

    Asking for premium

  • Current Status

    -

  • Deposit

    -

Description
A superb opportunity to take this well-located, excellent condition running business on The Broadway of Mill Hill, The restaurant offers contemporary fresh Mediterranean food with a British influence with opening hours from early morning to late night. Previously used as an Italian Restaurant however from last 1 and half year under new management and lease the 60 people sitting restaurant is used to serve the local community and visitor with Mediterranean food and drink. The reputation of business is very good in the local residence, and the premises benefit with rental income from a 2 bedroom flat which generates about £19200 p.a. For the leaseholder. The shop is ideal for anyone who is looking to take over this running restaurant with enthusiasm and may change the Cuisine to their liking because this is a very busy parade with access to the forecourt so if your food offering is good the business is certainly going to flourish. The rear loading area and one parking for small car is also available.

The long Fri Lease is available for sale with about 18+ years left on it, and more information is available on request.

Ongoing Rent: £ 45,626.00 P.A. (Rent Review after 3 years) // Area for business approx. 1000 Sq. Ft. (tbc)

Asking Premium: £175,000.00 (One hundred and seventy five thousand pounds only).

Running Business with income from upstairs flat £19,200.00 P.A. Given on AST.

Business Rate: Tbc

EPC Rating: C

Address: The Broadway, London, NW7 3LL

Main Shop Area Hard Floor covered by commercial high quality Tiles, ceiling with good lights, ample natural lights and good internal deco., fully fitted kitchen and two WCs for the customer, cold freeze area, cooking area, storage area, and fully fitted kitchen, bar and washing facilities. Power points, Internet & cable arrangement.

Viewings: Available strictly via agent, Property Hub, Wembley only.

Tenant(s) : Please be aware both sides legal cost to be borne by the incoming tenant(s).

Disclaimer: The information displayed about this property comprises a property advertisement. This property advertisement does not constitute property particulars, the property may offer tenants in the same condition as they have seen on time of viewing. The information is provided and maintained by Property Hub, Wembley. We aim to give as accurate as possible information while displaying the advert of the property, however should you come to know about any information which is misled or incomplete, or wrong do not hesitate to contact our office. We recommend your solicitor should advice or check the property’s head of terms and conditions for you, prior to approving the lease or bounding you with the contract.

* While renting a commercial property through our agency you may be liable to pay agency fees, please check with our office in advance to avoid disappointment.
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  • City
    London
  • Postal code
    NW7 3LL
  • Area
Floor Plans
  • No plan found.

  • img-floor
File Attachments - EPC

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