316 Park Road Crouch End London N8 8LA

Cafe with Garden – Lease Assignment

Location:   The property is situated on Park Road close to junction with Priory Road and Muswell Hill opposite one of entrances to Alexandra Palace. Muswell Hill and Crouch End are both within easy reach.

Description:  A ground floor café/shop occupying a prominent and visible location  approx. 360 sqft plus storage unit 120sqft benefitting from a rear garden and parking area.

The property is available by way of a lease assignment being 10 years from May 2022, approx. 7 years remain. There is a five year rent review pattern.

An early viewing is strongly advised.

Terms

Passing Rent:               £13,800 pax

Premium:                      Offers Invited for fixtures fittings and goodwill

Lease:                              Lease assignment being 10 years from May 2022, approx. 7 years remain

Business Rates:           Rateable Value for 2024/25 is currently £16,500pa.

All interested parties should make their own enquiries either via London Borough of Haringey or via www.voa.gov.uk.

CEPC:                              B Rating (42) valid until 27/04/34

Legal Costs:               Each party to be responsible for their own legal costs.

Anti-Money Laundering: In accordance with revised Anti Money Laundering Regulations two forms of ID and confirmation of funds will be required by the successful applicant. This will apply to landlords/vendor and tenant/purchaser and any other party with a relationship with the property.

Viewing:          Strictly by appointment only through owners agents  Grovelands  020 8731 9777 www.grovelands.net