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AGENT'S DETAILS


Colindale, London NW9

To rent: £47,000.00 pa|738 Sq Ft

PROPERTY DETAILS

TO RENT£47,000.00 pa
SIZE738 Sq Ft
ADDRESS10, Charcot Road, Colindale, London
TENURETo Let
POSTED ON15th July 2020

DESCRIPTION

Established restaurant with eat-in, take-away and delivery service with substantial turnover through Deliveroo etc. The premises are fully licenced for alcohol, have 30 covers inside plus a large area external for further al fresco dining. There is great potential to further the business through further advertising and promotion. The restaurant trades 7 days a week from 7.00 am until 10.00 pm and until 11.00 pm on Friday and Saturday. This business has very strong sales figures with evidence of steadily increasing sales. Please note that viewings are only by appointment as staff are unaware. Areas: 738 sq ft 68.59 sq m plus outside seating area Lease: Held on a 10 year full repairing and insuring lease from 20th November 2017 at 45,000 pa for years 1 2, then 47,000 pa for year 3 and 50,000 pa for year 4. This lease is outside the Landlord Tenant Act 1954. There is a tenant option to break on 20th May 2020 and an open market rent review at the end of year 4. 180,000 sought for the goodwill, fixtures and fittings. Location: Situated in an excellent position adjacent to Colindale underground station Northern Line below a student/residential block with approximately 2500 students. Colindale is undergoing an extensive redevelopment and there are new blocks of apartments being erected on weekly basis. Redrow homes are building a further new development virtually opposite the property with approximately 2900 homes on the way. Barnet Council have just relocated to the area as well with over 4000 staff.

LOCATION

Location: 10, Charcot Road, Colindale, London

Colindale (0.1 miles)

Burnt Oak (0.8 miles)

Hendon Central (1.3 miles)

Hendon (1.2 miles)

Mill Hill Broadway (1.2 miles)

Hendon Central (1.3 miles)

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