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1358 High Rd 1,055 SF of Assignment Available in London N20 9HJ


ASSIGNMENT HIGHLIGHTS
- Busy High Street Location
- Close to Transport links
- Prominent Position
- Premium of £90,000
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,055 SF | May 2046 | $67.62 /SF/YR $5.63 /SF/MO $71,339 /YR $5,945 /MO | Fully Repairing & Insuring |
Ground
Kitchen with cold storage, 2 xWCs, outdoor seating on High Road, restaurant seating and Bar, outdoor space to the rear. The interior has an approximate 36 covers, and the exterior seating has 16 covers. Tenure: Assignment of the existing lease, circa. 20 years remaining. The premium is £90,000.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Kitchen
- Demised WC facilities
- Professional Lease
- Busy High Street Location
- good transport links
- Premium of £90,000
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 1,055 SF | Gross Leasable Area | 1,055 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Restaurant |
| Total Space Available | 1,055 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,055 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
Situated in a prominent position along Whetstone High Road, this Restaurant is offered with established regular trade. The premises Gross Internal Area is 98 SQ.M (1055 SQ.Ft) Location: - Within easy access of Totteridge, Barnet and North Finchley - Access to A406, M1 and A41 - Within 1 mile of Totteridge underground station - Prominent position in a popular parade Local High Street: This property is close to a number of multiples and retail outlets, including Costa, Subway, Halfords, NatWest Bank, and Ask Restaurant. Lease: Assignment of an existing lease Rent: £40,000 PAX Business Rates: Interested parties are invited to make their own investigation to confirm whether any small business or rate relief may apply. Conditions: Ingoing Applicant to be responsible for both their and the Landlord's legal costs. References: A charge of £100 + VAT is payable for taking up references on behalf of proposed tenants. This fee is non-refundable after the references have been taken up, whether or not they have been accepted by the landlord. Viewing: Strictly via the owner's agent, MARTYN GERRARD COMMERCIAL DEPARTMENT. Please contact a member of our commercial team on 020 8444 3445. Martyn Gerrard Commercial for themselves for Lessors, Vendors and their agents, give notice that:- - These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. - These details do not constitute any part of an offer or contract. - All statements or details contained within these particulars are without any responsibility on any part, to Martyn Gerrard Commercial. - All rent prices, fees and charges are quoted exclusive of VAT. - Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.
- Restaurant
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1358 High Rd
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