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Established 40covers Fully Fitted Asian Restaurant In Friern Barnet For Sale

Friern Barnet, London, UK
Asking Price:
£60,000
Turnover:
Available on request
Net Profit:
Available on request

Restaurant for Sale in Friern Barnet, Barnet

Rent: £22,000 PAX | Circa 971 Sq. ft | Lease: Ending in March 2031 (Inside the Act)

MAIN FEATURES

Eligible for 100% Rate Relief
Circa 971 sq. ft
35-40 Covers Restaurant
Fully Fitted Restaurant
Commercial Kitchen with Gas & Extraction in situ

LEASE DETAILS

Lease: Ending March 2031 (Inside the Act)
Passing Rent: £22,000 PAX reviewed every 5 years
Next Rent Review: March 2026
Premium: £60,000 (Benefits of Lease, Goodwill & FF&E)

THE LOCATION

Friern Barnet, N11
Several Retail Shops & Eateries nearby

TRADING

Opening Hours: 4pm – 10pm
Trading as an Asian restaurant
UberEATS, Deliveroo & JustEat
Own Online Ordering Website

THE PREMISES

Total Area Circa 971 sq. ft
Kitchen: Circa 222 sq. ft
Covers: Circa 35-40
Business Rates: £2,162 per year
Premises Licence

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Property Information

Property:

Leasehold

Lease Terms:

Lease: Ending March 2031 (Inside the Act)
Passing Rent: £22,000 PAX reviewed every 5 years
Next Rent Review: March 2026

Leasehold Rent:

£22,000 per annum