High Road, London, N20

A Persian restaurant occupying a prominent position on Whetstone High Street, less than one mile from Totteridge & Whetstone Underground Station. The premises are fully fitted and ready to trade, with a healthy weekly turnover.

The restaurant provides approximately 36 internal covers and 16 external covers.

Lease assignment with approximately 20 years remaining of a 25-year lease. Premium: £40,000.

A fantastic opportunity to acquire a fully fitted Persian restaurant in a prominent position on Whetstone High Street, with a healthy weekly turnover and genuine potential for an incoming operator to make the space their own.

The premises offers approximately 1,055 sq ft (98 sq m) of internal space, with 36 covers inside and a further 16 external covers. Fully fitted and ready to trade, it provides an excellent turnkey opportunity for an established restaurateur, independent operator or someone looking to launch a new food concept.

While currently configured as a successful restaurant, the property's prominent frontage, generous floor area, open layout and high street location could also lend itself to a variety of alternative customer-facing businesses, subject to the necessary planning and licensing consents. Potential uses could include a private gym or fitness studio, therapy and wellness hub, beauty or aesthetics business, specialist retail, showroom, training centre or other leisure/service-based concept.

AT A GLANCE
1,055 sq ft / 98 sq m high street premises
52 covers – 36 internal and 16 external
Established Persian restaurant with healthy turnover
Fully fitted & ready to trade
Prominent Whetstone location with excellent connectivity
Flexible space with potential for alternative uses

PRIME WHETSTONE LOCATION

The property occupies a prominent position on the popular Whetstone High Street, serving the established communities of Whetstone, Totteridge, Barnet and North Finchley.

Totteridge & Whetstone Underground Station is less than one mile away, while the A406, M1 and A41 are all within easy reach, providing excellent access for customers, staff and deliveries.

The unit sits within an established parade alongside a strong mix of national and local occupiers, including Costa, Subway, Halfords, NatWest Bank and ASK Italian, helping to create a lively and well-established commercial environment.

A RESTAURANT WITH OPTIONS

For a restaurant operator, this is a genuine walk-in opportunity, with the existing fit-out, seating and trading history providing an excellent foundation for immediate operation.

For those with a different vision, the premises offers the space, visibility and flexibility to explore a range of alternative business concepts.

Continue the existing restaurant, introduce your own food concept, or transform the space into something completely different.

Early viewing is highly recommended.
Lease: Assignment of an existing lease

Rent: £53,450 PAX
Premium: £40,000

Business Rates:

Interested parties are invited to make their own investigation to confirm whether any small business or rate relief may apply.

Conditions:

Ingoing Applicant to be responsible for both theirs and the Landlords legal costs.

References:

A charge of £100 + VAT is payable for taking up references on behalf of proposed tenants. This fee is non-refundable after the references have been taken up, whether or not they have been accepted by the landlord.

Viewing:

Strictly via the owner's agent, MARTYN GERRARD COMMERCIAL DEPARTMENT.

Please contact a member of our commercial team on 020 8444 3445.

Martyn Gerrard Commercial for themselves for Lessors, Vendors and their agents, give notice that:-

- These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
- These details do not constitute any part of an offer or contract.
- All statements or details contained within these particulars are without any responsibility on any part, to Martyn Gerrard Commercial.
- All rent prices, fees and charges are quoted exclusive of VAT.
- Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.