DESCRIPTION: Fitted and presented to high trade specifications throughout, these substantial and well maintained restaurant of approximately 730 sq ft all situated on the ground floor, with kitchen to the rear with approximately 50-60 covers in its current format. The restaurant provides a bar area and separate male and female WC’s, large kitchen and preparation area and walk-in chiller
TERMS: The property is available to let on a new lease on a full repairing and insuring basis for a term to be agreed subject to periodic rent reviews.
PREMIUM: £70,000 for the benefit of the lease, fixtures & fittings.
RENTAL: £16,000 per annum.
BUSINESS RATES: We are advised that the business rates payable currently stand at approximately £5,181 per annum but the current owner is paying approximately £4,000 via small business relief.
OPENING HOURS: Monday 6.00 to 12.00 & Tuesday to Sunday 12.30 p.m. 12.00 midnight
SIZE: Approximately 730 sq ft
STAFF: Own managed with four staff
TURNOVER: Current average weekly retail takings in the region of £4,500 to £4,000 with scope to increase
UTILITIES: All main services are connected.
LOCAL AUTHORITY: Brent
LEGAL COST: Each party is to bear their own legal cost.
REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
FIXTURE & FITTINGS: 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
AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS: Through London Properties by appointment only.
Monday 6.00 to 12.00 & Tuesday to Sunday 12.30 p.m. 12.00 midnight
Number of Employees: Own managed with four staff
The premises are prominently located on Cricklewood Broadway and this is a great opportunity to acquire a highly visible award winning restaurant occupying an outstanding trading position with excellent access to major road links (A5).
The property is available to let on a new lease on a full repairing and insuring basis for a term to be agreed subject to periodic rent reviews
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