The Broadway Mill Hill London NW7

Established Restaurant/Cafe – Business & Lease FOR SALE

Location:   Situated on The Broadway, within easy reach of the shopping and transport facilities of Mill Hill Broadway. Nearby occupiers include M & S Foods, Costa Coffee, Gails  and a variety of independent shops, cafés, and restaurants. Mill Hill Thameslink Station is within easy walking distance.

Description:   A prominent restaurant/café premises arranged over ground floor, extending to approximately 968 sq ft (90 sq m). The property benefits from:

• Excellent street frontage
• Outside seating area
• Fully installed extraction system
• Storage and rear courtyard
• Rear access

The business is an  established restaurant/café and trading successfully, since 2005 with potential to further enhance turnover through extended trading hours and an expanded food and beverage offering.

Further information and trading figures are available upon request.

Available by way of an assignment of existing lease.

An Early viewing is strongly recommended.

TERMS:

Rent:                               £39,750pax plus service charge.   

Lease:                              Lease assignment, existing 10 year FRI Lease  from May 2024. 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 £39,250pa

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:                     All Viewings Strictly By Appointment Only through owners Agents: Grovelands  020 8731 9777 www.grovelands.net