RARA’s Corner 246 Station Road LEdgware Middx HA8 7AU

RARA’s Corner 246 Station Road LEdgware Middx HA8 7AU

Restaurant Lease For Sale 

Location:  Situated at corner of Station Road and Penhurst Gardens with Hale lane and   Edgwarebury  Lane. A prominent corner position with excellent visibility and in heart of Edgware. 

Description:  A prominent ground floor restaurant premises, approx. 1,547 sqft (143.76sqm). Having been recently refurbished throughout to a high standard and  licensed until 2am on Friday and Saturday. The restaurant benefits from 60 + covers, with potential to increase, fully fitted bar, pizza oven, prep area, fully fitted kitchen, WCs and wash areas. Potential for al fresco dining to front

Available by way of an assignment of existing lease being 15 years from 2022, with approx. 13 years remaining.

Full inventory available upon request.

An early viewing is strongly advised.

Rent:                                   £36,000 pax

Business Rates:              Rateable Value for 2024/25 is currently £27,750pa.

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

Premium:                         Offers invited in region of £100,000 for goodwill, fixtures, fittings and equipment.

EPC:                                   B rating ( 35) valid until 09/11/2033

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