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No longer on the market

This property is no longer on the market

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Restaurant

Restaurant
Added > 14 days

Features and description

  • Du broz cafe formally apex cafe
  • Trading as a cafe since 1950
  • Assign or new lease available
  • Refurbished january 2024
  • SEATS 38 / 2 WC's /
  • Will include fixtures and fittings
  • Rent £14,500 pa / 4 yearly rent reviews
  • Small business rates £2000 pa

Council tax band: TBC
Annual service charge: 14500.00

An opportunity to purchase the lease to Du Broz Café, (formally Apex Café, trading since 1950) located at Apex corner roundabout on the corner of the Watford Way and Selvage Lane Mill Hill NW7.
The café was thoughtfully upgraded in January 2024 to receive regular local and passing trade comfortably seating 38 people with potential to increase to 40+ seating.
INCOME: Please contact the office
LEASE: Lease can be assigned or a new 20 year lease can be offered at a rent to be confirmed, subject to contract.
RENT: £14,500 PA for the remaining 3 years (4 yearly rent reviews)
BUSINESS RATES: £2000 PA (small business rates)
PREMIUM £65,000 to include fixtures and fittings
COMMERCIAL EPC RATING: 15A

About this agent

William Nelhams & Co - Childs Hill
William Nelhams & Co - Childs Hill
711 Finchley Road Childs Hill, London NW2 2JN
020 8115 5885
Full profileProperty listings
Blue Poppy Estates trading as William Nelhams & Co. are independent estate agents established in 1975 handling residential sales and lettings in North West London including Hampstead, Golders Green and the Cricklewood area. Under the same family ownership for many years, we have built a reputation for fair dealing and personal service, evidenced by the fact that recommendations are one of the main sources of our business. We have a large database of local property values enabling us to carry out retrospective valuations for many purposes including capital gains tax. We also handle buy-to-rent investment properties from initial purchase to subsequent letting. In short – a small efficient professional practice that people enjoy doing business with.
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