Regents Park Road Finchley central London N3

Established cafe/Restaurant Business FOR SALE

Location:  Situated on Regents Park Road, within easy reach of the shopping and transport facilities of Finchley Central. Nearby occupiers include Sainsbury’s Local, Little Waitrose, and a variety of independent shops, cafés, and restaurants. Finchley Central Underground Station is within easy walking distance.

Description:A prominent restaurant/café premises arranged over ground floor and basement levels, extending to approximately 2,510 sq ft (232 sq m). The property benefits from:

• Excellent street frontage
• Outside seating area
• Fully installed extraction system
• Basement storage
• Office accommodation
• Rear access

The business is an  established restaurant/café and trading successfully, with potential to further enhance turnover through extended trading hours and an expanded food and beverage offering.

Floor plans and trading figures are available upon request.

Available by way of an assignment of existing lease.

An Early viewing is strongly recommended.

TERMS: 

Rent:                              £55,000pax plus service charge.  

Lease:                            Lease assignment, existing 10 year FRI Lease  from June 2021. Next rent review is due imminently and currently in negotiations  

Premium:                     Offers Invited for fixtures, fittings and goodwill. 

Business Rates:          Rateable Value for 2026/27 is currently £61,000pa

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