Restaurants for sale in Cricklewood

View the "Ground Floor A4 Public House/A3 restaurant with 3 bedroom flat above" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 Thank you Daltons for understanding our franchise and providing several years of a professional and helpful service. 

Amy Cross, (July 2016)
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Freehold Price: £1200000 Leasehold Price: £45000
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Business Description
Superb opportunity to acquire this currently vacant, ground floor, A4 Public House/A3 restaurant available either for sale or to let. Gross Internal Area approx 1,015 sq ft. Property comprises open plan seating area, bar servery with wooden countertop, glass fronted bottle chillers, ice machine, stainless steel sink unit, leather bench seating, occasional tables and chairs, pool table area. Separate keg room. Decked area to side. Front and side access. NIL PREMIUM. Rent: £45,000 PER ANNUM or £750,000 FOR A 999 YEAR LEASE (ground floor only). Should you wish to purchase the Freehold Interest with 3 bed flat above an additional £365,000 is required for the flat. The property is elected for VAT so VAT is payable in addition.
Tenure: Freehold, Leasehold

Location Details:
The property is situated in prime location right near Cricklewood railway station opposite B&Q with Barclays, Argos, Subway, Costa Coffee, Sam's Chicken, NW Cars, William Hill all within the local vicinity.

Leasehold Term:
Licence/Lease on ground floor pub only:- The ingoing tenant should be prepared to pay one quarters rent in advance along with one quarters rent to be paid and held as a security deposit. The ingoing tenant should also be prepared to sign a Licence agreement whilst preparation of the lease takes place with solicitors. Each party to pay their own legal fees. Licence/Leasehold Interest: £45,000 rent per annum. NIL PREMIUM. Virtual Freehold (999 year lease) offers sought in the region of £750,000 for the pub only or £1.1M for entire premises.

Listed by: London Victoria Properties
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