Broadway Parade, London, N8

A rare opportunity to acquire a boutique restaurant in one of the most popular location in Crouch End, it benefits from an existing alcohol license and can accommodate 60 covers. The restaurant benefits from an open plan seating area which leads into a bar/serving area. The kitchen is at the rear and ladies/Gents WC located at the rear right hand side. Currently trading as a spanish restaurant and comes fully furnished.

The property has a net internal area of 98.9m2 (1065ft2) approx.

Lease: 20 year lease commenced April 2012 and expires on April 2032. Next rent review on April 2027.

Rent: £28,000 PA.

Premium: £100,000

Location:
-Serviced by a range of bus routes and nearest stations are Highgate (Northern Line) and Finsbury Park (Piccadilly Line and overland) train stations as its nearest public transport link
-Benefitting from ease of access to major road networks such as the A1 and surrounding areas such as Highgate, Muswell Hill, Finsbury Park, Archway and Stroud Green.

Here is a rare opportunity to acquire a boutique restaurant in one of the most popular location in Crouch End. The restaurant benefits from an existing alcohol license and can accommodate in the region of 60 covers.. The restaurant benefits from an open plan seating area which leads into a bar/serving area. The kitchen is at the rear and ladies/Gents WC located at the rear right hand side. Currently trading as a spanish restaurant and comes fully furnished.

The property has a net internal area of 98.9m2 (1065ft2) approx.

Lease: 20 year lease commenced April 2012 and expires on April 2032. Next rent review on April 2027.

Rent: £28,000 PA.

Premium: £100,000


Location:
-Serviced by a range of bus routes and nearest stations are Highgate (Northern Line) and Finsbury Park (Piccadilly Line and overland) train stations as its nearest public transport link
-Benefitting from ease of access to major road networks such as the A1 and surrounding areas such as Highgate, Muswell Hill, Finsbury Park, Archway and Stroud Green.

Local High Street:
- Situated within one of Crouch Ends primary shopping parades, just a short distance from the Clock Tower
- The Broadway has a range of multiples including Waitrose, Virgin Active, Gail’s, The Post Office, M&S and Barclays Bank to name a few located therein as well as a number of smaller boutique style outlets.

Conditions:
Both parties responsible for their own legal costs.

Business Rates:
According to the Valuation Office, The
Rateable Value is £41,750. All interested parties are advised to satisfy their own queries directly with the Local Authority in this regard.

Viewing:
Strictly via the owner's agent, MARTYN GERRARD COMMERCIAL DEPARTMENT.
Please contact a member of our commercial team on 020 8444 3445.