Skip to main content

No longer on the market

This property is no longer on the market

Picture No. 10
Picture No. 02
Picture No. 12
Picture No. 13
Picture No. 14
Picture No. 06
Picture No. 08
Picture No. 05
Picture No. 03
Picture No. 01

Restaurant

Restaurant
Added > 14 days

Features and description

  • Prime town centre location
  • Fully fitted restaurant
  • Long lease
  • Available immediately
  • 60 covers
  • Neutral décor
  • Fold back doors to pavement
The property has been completely refurbished and fully fitted to a high standard in the past 2 years and is licensed until 2am. There are 60 +internal covers with space to increase, fully fitted bar area, pizza oven and prep area, fully fitted kitchen and wash area, separate WC's and store room. The premises also has air conditioning/heating

LOCATION
Prime location in Edgware at the corner of of Station Road on and Penshurst Gardens with Hale Lane and Edgwarebury Lane. This is an excellent corner with excellent visibility to the premises. It is in the heart of Central Edgware, a few minutes walk from Edgware Bus and Train Station and the multiple commercial and residential amenities.

DESCRIPTION
The property has been completely refurbished and fully fitted to a high standard in the past 2 years and is licensed until 2am. There are 60 +internal covers with space to increase, fully fitted bar area, pizza oven and prep area, fully fitted kitchen and wash area, separate WC's and store room. The premises also has air conditioning/heating.
There are fold back frontages onto Station Road and allow for al fresco dining to the pavement frontage.
The premises are ready to trade.

AREAS
Total area 1547 sq ft (143.76 sq m)

TERMS
LEASE :
Held on a full repairing and insuring lease with 14 years remaining at £36,000 pa with 5 yearly rent reviews. Tenants will be required to pay a £30,000 rent deposit.

RENT:
£36,000 pa exclusive subject to contract + VAT (if applicable)

RENT DEPOSIT:
£30,000

PREMIUM:
Offers in the region of £129,000 stc re sought for the goodwill, fixtures, fittings and equipment.

SERVICE CHARGE:
TBC

BUSINESS RATES
London Borough of Barnet - Rateable value £27,750. Rates payable are approximately £14,263 pa. Interested parties should make their own enquires via the Local Authority or Valuation Office

EPC
Band B

Property information from this agent

Visit agent website

About this agent

Petermans - Edgware
Petermans - Edgware
8 The Promenade, Edgwarebury Lane Edgware HA8 7JZ
020 8022 6576
Full profileProperty listings
Petermans was founded in 1962 by Warner and Sidney Peterman. We are still a privately owned family business now run by Wendy Peterman and Howard Peterman. Over the years we have grown into a company that provides a personal, efficient and honest approach to all our vendors, landlords, applicants and contractors. Our first office opened on Herne Hill and was followed by the Edgware branch several years later. With these two offices we able to service an entire area within the M25. At Petermans we believe that service is paramount. All our staff have many years of experience in their specialist fields. In fact all our staff have been with us for over 7 years, a testament to the strength of the company. We are members of The Ombudsman for Estate Agents scheme and the National Association of Estate Agents and we adhere to the strict code of conduct required by these bodies. Moving home should be a dream not a nightmare. We do everything we can to help you, from finding your next property to lending a hand with practical details on the day you move. Whether you are selling, letting, buying or renting we have an experienced member of staff on hand to help, give advice and maintain the highest standards in you particular requirement. "YOUR MOVE, OUR MOTIVATION"
... Show more

See more properties like this

*Disclaimer and call rate information...