To let
Property available on: 14/07/2016
- Large Shop Over 3,200 sq. ft.
- Large Seating Area
- Highly Visible
- Heavy Footfall
- Located on High Street
- 3 Bedroom Flat on First Floor
- Over 11 Years on Lease
- A3 Usage
We are proud to present this extremely spacious A3 Commercial property featuring a 3 bedroom flat on the first floor. Situated on the A41 Watford Way this property benefits from ease of access to Middlesex University, Brent Cross Shopping Centre, the M1, A1, and A406 North Circular with Hendon Central and Colindale (Northern Line) Underground Tube Stations as its nearest public transport links. This unit also has access to Hendon, Mill Hill, Finchley, Golders Green and surrounding areas. This successful running business is located on a busy high street within a few minutes' walk from Hendon Station. The location boasts heavy footfall as well as a constant stream of cars driving pass this highly visible property.
This is a great opportunity to acquire a highly visible larger than average A3 usage fast food restaurant. Currently trading as a Sam's Chicken with a 3 bedroom flat located on the first floor and access to a garden at the rear. The Ground floor boasts an impressive space of 2,284.05 sq. ft. with 2 large dining areas, large storage room, cold room, large freezer a large spacious kitchen and an office. There is also a private office located on the shop floor. The 3 bedroom flat on the first floor boasts a an impressive space of 995.63 sq.ft. In total the property measures a large 3,279.68 sq. ft. in total.
The seller is offering this lease assignment with over 11 years remaining with a premium of £110,000 for goodwill, fixtures and fittings. The current rental figure for this property is £30,000 per annum.
Accommodation
Ground Floor
Shop Front: 36.68 ft.
Shop Floor + Kitchen: 17.09 x 63.54
Seating Area: 19.59 x 35.74
Storage Space: 21.02 x 12.67
Office: 5.57 x 21.89
Sub Total: 2,284.05 sq. ft. (approx.)
First Floor Flat
Bedroom 1: 14.52 x 22.38
Bedroom 2: 12.11 x 24.60
Bedroom 3: 10.05 x 6.09
Sub Total: 995.63 sq. ft. (approx.)
TOTAL: 3,279.68 sq. ft.
Tenure
Lease Assignment - Our client wishes to assign this A3 lease with over 11 years remaining.
Premium
Our Client seeks a premium of £110,000 for goodwill, fixtures and fittings.
Rent
The Rent is currently £30,000 per annum.
RATES
We advise interested parties to make their own enquires with the local authority. In this case the local authority.
Legal Fees
The incoming tenant is to bear all legal cost including the sellers.
