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Restaurant Lease In Wood Green For Sale

Wood Green, London, UK
Asking Price:
£40,000
Turnover:
Available on request
Net Profit:
Available on request

Restaurant lease for sale on High Road, Wood Green, N22, in a prominent corner location. The premises are arranged over the ground floor and the basement, totalling approximately 4,600 sq. ft. Wood Green station is just 2 minutes walk.

Rent: £40,000 per annum for the 1st year
2nd year: £45,000 per annum
3rd year: £50,000 per annum

Premium: Offers Invited

Size(approx.):
Ground floor: 1,400 sq. ft.
Basement: 3,200 sq. ft.
Total: 4,600 sq. ft.

Business Rates Payable: £10,000 per annum

Legal Costs: Each party to be responsible for their own legal costs.

Property Information

Property:

Leasehold

Lease Terms:

15 years from 2020, inside the landlord and tenant act of 1954, with a rent review every 3 years

Leasehold Rent:

£40,000 per annum

Location:

Premises are located on High Road, Wood Green, N22, in a prominent corner location. Wood Green station is just 2 minutes walk.

Size in square feet:
4,600
Planning Consent:

The premises falls within Class E of the Town & Country Planning (Use Classes) Order 2020. Interested parties should carry out their own due diligence in this regard. Premises can be used as Restaurant, Retail, Office, Gym etc.

Business Operation

Trading hours:

Monday - Thursday till 12.30 pm
Friday to Sat till 2am
Sunday till 1.30am

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