A3 RESTAURANT LEASE FOR SALE Assignment of current 15 year lease (commencement date November 2006 tbc) Rent: £35,000 PAX Premium: £49,000
Ref: FAP/200068
Further details
A3 RESTAURANT LEASE FOR SALE
óHIGH STREET, EDGWARE, HA8óLOCATION:
These premises are situated just east of Edgware's main shopping area, Station Road on the A5, High Street.
The unit benefits from close proximity to the Mall which houses a large number of multiples such as Sainsbury's, Marks & Spencer, Top Shop, WH Smiths and Superdrug.
Furthermore it is located with easy access to Stanmore, Burnt Oak and Mill Hill. The premises has its nearest transport link as Edgware (Northern Line) underground tube station and Edgware bus station.
DESCRIPTION:Benefiting from a shop front of 4.39M (14 Ft 5 ) and a total shop depth of 18.84M (61 Ft 10) approx. These premises offers a total ground floor area excluding WCs of 119.84M2 (1290 Ft 2) approx.
The premises are arranged predominantly with an open plan customer seating area with a licensed bar, the premise's kitchen and customer WCs are located at the rear of the unit.
This recently refurbished restaurant offers a range of high end fixtures and fittings and equipment (tbc).
The kitchen offers a net internal area of 12.45M2 (134Ft2) approx
Located beyond the kitchen is a storage area of 5.48M2 (59Ft2) approx. and a utility room of 2.78M2 (30Ft2) approx.
TENURE:Assignment of current 15 year lease with 5 yearly rent reviews (TBC).
RENT:£35,000 PAX
PREMIUM:£49,000 ONO (Amended 27/3/08)
CONDITIONS:Ingoing tenant to be responsible for both parties reasonable legal costs
VIEWING:Strictly via the owners sole agent MARTYN GERRARD COMMERCIAL DEPARTMENT. Please contact:
David Felman, Saul Gerrard or Ben Rosenthal
on 020 8444 3445.
Martyn Gerrard Commercial 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 Martyn Gerrard Commercial.
4.All rent prices, fees and charges are quoted exclusive of VAT.
5.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.