The Broadway Southgate Circus London N14

Restaurant Lease & Residential Upper Parts

** STAFF UNAWARE  **

** ALL VIEWINGS STRICTLY BY APPOINTMENT ONLY **

Location: Situated on The Broadway by Southgate Circus directly opposite to multiple shopping and transport facilities of Southgate Town Centre including Southgate Underground Station (Piccadilly Line)

Description:  Ground floor restaurant premises with residential premises above.

Ground Floor Premises – currently trading and established as a restaurant under the same ownership for last 7 years, approx. 1171 sqft (108sqm), arranged as trading floor area with approx. 60 covers, benefiting from large bar, high ceilings as well as  bi fold doors to front. Fitted Kitchen, Customer WC’s and rear access.

Upper Parts – comprising 4 rooms, kitchen and bathroom arranged over first and second floors with access from rear. HMO license pending.

Trading figures and floor plans upon request

An early viewing is strongly advised.

Terms

 Rent:                                   £34,000 pax

 Lease:                                Available by way of an Assignment of existing lease being 15 years from 2009, with five yearly rent reviews.

Landlords have indicated they will agree new terms.

Premium:                          Offers invited for fixtures, fittings and goodwill.

Business Rates:               All interested parties should make their own enquiries either via London Borough of Enfield or via www.voa.gov.uk.

EPC:                                     C rating (51) valid until 31/10/2032

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