Restaurant for Sale near King's Cross Station. Option of longer lease
Property ID: RPS-19940
LANDLORD'S REQUIREMENT
Rent Deposit Required (subject to references)
Bank, Trade & Accountant's Reference required
Evidence of financial credibility
MAIN DETAILS
Close to Kings Cross Train Station
High passing throughout the day
Spread over ground floor & basement
Circa 1155 Sq. Ft
Benefits from Premises Licence, gas & extraction
LEASE
Grant of new FRI lease (option of longer lease)
Rent: £166,000 per annum exclusive
Premium: Open to Offers (New lease, business and fixtures & fittings)
PREMISES
Area: Total Circa 1155 Sq. Ft
Ground Floor :Circa 599 sq.ft (40 covers)
Basement: Circa 556.38 sq. ft (kitchen)
Benefits from extraction & gas
Rateable Value: 24,250
Business Rates Payable: Circa £12,000 per annum
Permitted Opening Hours: 10am till 12:30am | Sun: 12pm till 12am
LOCATION
Excellent location
Very close to Kings Cross Station
Immediate units occupied by national & international retail brands
0.3 Mile from British Library
Over 50 Hotels and B&B within half a mile
TRADING
We have informed that the restaurant business currently generates a gross revenue of circa £15,000 per week (£780,000/annum)
REASON FOR SALE
Other opportunity
VIEWINGS & CONFIDENTIALITY
All interested buyers must agree Non-Disclosure Agreement with our company due to the "Confidentiality" requested by the client. Viewings are 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.
