Marylebone Road London NW1 5PH
Marylebone Road London NW1 Ground Floor & First Floor Mezzanine…
£80,000 pax
info@grovelands.net
020 8731 9777
HA8 9NY, London Borough of Barnet, Greater London, England, United Kingdom
Lease Assignment
£14,000 pa
Location: Situated on a popular local parade located close to junction with Hale Lane within easy reach of Edgware Town Centre and Mill Hill Broadway.
Description: A ground floor restaurant premises approx. 983 sq ft comprising rrestaurant area, kitchen and prep areas as well as benefitting from rear access and parking. Trading successfully as a restaurant for last 5 years , the owners are looking to expand their existing business model.
The property is held on a 25 year FR&I Lease from 2010, approx. 11 years remain at a passing rent of £14,000pa. The next rent review will be due in December 2025.
An early viewing is strongly advised.
Rent: £14,000pa
Premium: Offers invited and sought for fixtures fittings and goodwill.
Business Rates: Rateable Value for 2024/25 is currently £16,250pa.
All interested parties should make their own enquiries either via London Borough of Barnet or via www.voa.gov.uk.
EPC: TBA
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
Marylebone Road London NW1 Ground Floor & First Floor Mezzanine…
£80,000 pax
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£35,000 pax
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