0845 205 0007

Below are some of our current instructions:



Business for Sale
LARGE FULLY FITTED RESTAURANT
Available
High Road, North Finchley, London N12
(Reference No. 023266)
3292 SQ FT (305.88 SQ M)
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Location:
Situated on High Road (A1000), North Finchley between Friern Watch Avenue and Ravensdale Avenue, midway between North Finchley and Whetstone.

Description:
Substantial restaurant with 180 plus covers which comprises two inter-communicating buildings. Includes kitchen/display kitchen, bar, WC’s, full EPOS system, air conditioning and heating throughout. There is al fresco dining to the front of the premises and the premises are currently trading as a Turkish restaurant, but suitable for various other cuisines due to the contemporary fit-out. The business has been trading since 2007 with substantial turnover and offering take-away and eat-in during lunchtimes and evenings with potential to expand by offering a delivery service.

Lease:
Held on two leases, the first of which is a 15 year lease from 2007 at £22,500 pa and a second lease of 15 years from 2007 at £22,500 pa. (Total rent payable £45,000 pa).

Terms:
A premium is sought in the region of £200,000 for all fixtures, fittings and goodwill.

Subject to Contract
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For Sale
PAPA JOHNS FRANCHISE FOR SALE
Available
Joel Street, Northwood Hills, Middlesex HA6
(Reference No. 023396)
 
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Location:
Situated in Joel Street, Northwood Hills within a few minutes walk from Northwood Hills Underground Station (Metropolitan Line). Joel Street is a vibrant parade with a high footfall.

Description:
The Papa Johns franchise is run fully under management. We have been advised that no further new Papa Johns franchises are available within the M25. The average gross weekly sales is £5,500 and there is potential to increase the turnover.

Lease:
Held on an existing 10 year renewable lease which commenced in 2009 at £20,000 pa.

Terms:
A premium of £140,000 sought.

Subject to Contract
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Leasehold & Freehold
EXTENSIVE HIGH TURNOVER RESTAURANT
Available
Kingsland High Street, London E8
(Reference No. 023394)
APPROXIMATELY 3850 SQ FT (357 SQ M)
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Location:
Situated in Kingsland High Street in between the junctions of Stanborough Passage and Colvestone Crescent. The nearest station is Daston Kingston underground and overground station. Located opposite a popular shopping centre on a busy main road.

Description:
A3 restaurant situated in a prime High Street location and an up and coming area. The restaurant includes a basement area and a large rear yard which is ideal for receiving deliveries.

The freehold of this Grade II listed building arranged over 3 floors is also available. It has the potential to convert the upper parts into self contained flats (subject to planning).

Terms:
Available on a new lease for a term to be agreed.

Option 1 - Annual rent £68,000 pa. Premium £180,000
Option 2 - Annual Rent £98,000 pa. Premium £50,000

Or freehold at £3.8m including 3 upper floors.

Subject to Contract
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Lease for Sale
FULLY FITTED RESTAURANT
Available
Golders Green Road, London NW11
(Reference No. 023264)
APPROX 1224 SQ FT (113.75 SQ M)
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Location:
Situated in the heart of Golders Green in an excellent position on Golders Green Road on the main parade between Hodford Road and Armitage Road. The nearest station is Golders Green (Northern Line), which is just a short walk away.

Description:
Recently refitted and refurbished restaurant currently with 42 covers and with ample room to increase to around 60 covers. Complete with large bar area, fully fitted kitchen, separate male and female WC’s. Al fresco dining licenced to the front pavement and fitted and finished to a contemporary modern standard. The premises also benefits from air conditioning, heating, CCTV, fully fitted bar area with chiller display cabinets, drinks maker and coffee machine.

Lease:
Held on a 20 year full repairing and insuring lease from 22nd July 2014 at £36,000 pa with 5 yearly rent reviews.

Terms:
A premium of £95,000 sought for all fixtures, fittings and equipment.

Subject to Contract
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To Let
SELF-CONTAINED FORMER PUB
Available
Stafford Road, Wallington, Surrey SM6
(Reference No. 023259)
APPROX 3,157 SQ FT (293.27 SQ M)
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Location:
The property is located in a high visibility location on the south side of Stafford Road (B271) close to Wallington Town centre, Wallington Station (Main line), buses, shopping including Sainsbury’s supermarket.

Description:
Former public house planned on basement ground and upper floors (now converted into residential accommodation) with side garden and additional store (former garage).

The ground floor and basement of this character building are now offered with vacant possession and by virtue of its size and arrangement of accommodation is ideal for many D1/D2 uses. It is presently fitted out as a former pub.

Lease:
Available on a new FRI lease for a term to be agreed at £47,500 pa.

Subject to Contract
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To Let
NEWSAGENT/CONFECTIONERS
Available - **WITH ADDITIONAL A5 TAKEAWAY USE**
Market Square, Waltham Abbey EN9
(Reference No. 023257)
708 SQ FT (65.80 SQ M)
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Location:
Located in a good position on Market Square, Waltham Abbey. Waltham Abbey is a market town of around 20,400 people and is situated 15 miles north east of London. The nearest station is Waltham Cross which provides service to Liverpool Street in approximately 27 minutes.

Description:
Long established newsagent/confectioner which has recently obtained A5 takeaway use and has been fitted with extraction canopy and flue to meet with planning requirements. There is a self-contained flat to the upper floors which is arranged as a 4 bedrooms, kitchen, bathroom and lounge.

Lease:
Shop only available on a new lease for a term to be agreed at £16,000 pa or with the benefit of a 4 bedroom flat on the 1st and 2nd floors at £30,000 pa.

Terms:
A premium of £40,000 is sought plus stock at valuation.

Subject to Contract
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To Let
BAR / RESTAURANT
Available
High Road, Whetstone, London N20
(Reference No. 023253)
CIRCA 3490 SQ FT (324.22 SQ M)
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Location:
Located on the High Road in Whetstone. The nearest station is Totteridge and Whetstone Underground Station (Northern Line). Situated on the 1st floor with natural light to two sides and accessed via staircase and passenger lift with a car-park at the rear.

Description:
The premises are a one off for North London and have been trading successfully as a bar, restaurant and venue for functions for a number of years. A great deal of expense has been spent on fitting out the restaurant which includes fully fitted kitchen, bar, restaurant area and WC’s. The premises are not currently trading but offered with all fixtures, fittings and equipment and ready to be re-branded as the latest place to be seen.

Lease:
Available on a full repairing and insuring lease for a term of 6 years at £75,000 pa (extension possibly available).

Terms:
A premium of £95,000 sought for the benefit of the fixtures and fittings.

Subject to Contract
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Lease for Sale
FULLY FITTED RESTAURANT PREMISES
Under Offer - **Reduced Premium**
The Broadway, Mill Hill, London NW7
(Reference No. 023518)
APPROX 794 SQ FT (74 SQ M)
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Location:
Situated in The Broadway, Mill Hill within easy access of the A1, M1, A41 and A406 North Circular Road. The nearest station is Mill Hill overground station. Mill Hill is a very affluent and busy location and other local occupiers include HSBC, Natwest, Nationwide, Boots the Chemist, Costa Coffee and Marks & Spencer’s as well as a range of other multiple and independent retailers.

Description:
A3 restaurant currently trading as a Turkish grill and meze bar with a retractable shop-front that allows for al fresco dining. The premises comprises a seating area at the front which has a capacity of approximately 50 covers and a fully fitted kitchen which includes a 6 hob gas cooker, 2 fridges and 2 chest freezers. The premises benefits from an alcohol licence and there is rear access via a service road.

Lease:
Available on an existing 15 year lease with 12 years remaining at £27,500 pa.

Terms:
A premium of £70,000 sought for the benefit of the lease, fixtures, fittings and equipment.

Subject to Contract
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Available
A3 RESTAURANT AND UPPER PART
Lease for Sale
High Road, Whetstone, London N20
(Reference No. 023515)
445 SQ FT (41.34 SQ M)
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Location:
Situated in High Road, Whetstone which is within close proximity to the affluent residential areas of Whetstone, Totteridge and Woodside Park. Totteridge and Whetstone Station (Northern Line) and various bus routes are within a short distance. There are a number of multiple of retailers in the vicinity including Waitrose, Marks and Spencer, boots and Barclays Bank.

Description:
A3 premises currently trading as an Italian restaurant for over 20 years and being sold purely due to retirement. The premises comprises a customer seating and bar area with staff and customer WC’s, kitchen/food preparation area to the rear. The business produces a healthy turnover and is being offered including fixtures, fittings and equipment.

The upper part comprises a 1 bedroom flat etiher available for owner occupation alongside the business or can be sub-let.

Lease:
Assignment of current 10 year lease which commenced April 2009 at £14,000 pax with 4 yearly rent reviews.

Terms:
A premium of £54,000 sought for the benefit of the lease, fixtures, fittings and equipment.

Subject to Contract
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To Let
A3 PREMISES
Available
Station Road, Winchmore Hill, London N21
(Reference No. 023449)
1701 SQ FT (165 SQ M)
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Location:
Situated in Station Road, Winchmore Hill near the junction with Green Lanes (A105). There are a number of retailers within the vicinity and it is located in a highly densely populated residential area. The nearest station is Winchmore Hill Overground station.

Description:
Newly refurbished large restaurant with a seating capacity of 100 covers. The front of the property features a courtyard area that allows for al fresco dining. The restaurant is arranged with a bar/lobby area at the front and a seating area which benefits from air conditioning, spot lights and a tiled floor. To the rear are separate male and female WC’s. There is a fully fitted kitchen which includes a walk-in fridge, tandoori cooker and plenty of storage space. At the rear there is a yard area that can be used to park 10 cars.

Lease:
Available on an existing lease with 10 years remaining at £25,000 pa.

Terms:
£120,000 sought for the goodwill, fixtures, fittings and equipment.

Subject to Contract
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To Let
A3 RESTAURANT PREMISES
Available
High Road, South Woodford, London E18
(Reference No. 023446)
890 SQ FT (82.7 SQ M)
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Location:
Situated in High Road (A1199), South Woodford in close proximity to The Odeon Cinema, Waitrose, Prezzo, Pizza Express and Wildwood restaurants. The nearest station is South Woodford Underground Station (Central Line).

Description:
Newly refurbished restaurant with approx 35 covers with the potential to add further covers at the front and to the side of the property for al fresco dining. There is also the possibility of creating an awning to the side elevation. The restaurant has bi-fold doors at the front and benefits from a fully fitted kitchen, including coffee machine, air conditioning, fully tiled flooring and spot lights. There is a storage area and separate WC’s to the rear.

Lease:
Available on a new FRI lease for a term to be agreed at £26,000 pa.

Terms:
£50,000 is sought for the goodwill, fixtures, fittings and equipment.

Subject to Contract
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To Let
A1/A3 PREMISES
Under Offer - **New development under construction**
Clifton Terrace, Finsbury Park, London N4
(Reference No. 023435)
CIRCA 1050 SQ FT (97.54 SQ M)
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Location:
Situated in Clifton Terrace a couple of doors from the Park Theatre and opposite the new Morris Place Development where there is to be a 475 bed student accommodation block for the University of Arts, 30,000 sq ft industrial facility for J Jones Art building. The premises are also a stone’s throw from Finsbury Park tube, train and bus station.

Description:
A1/A3 spacious unit that would suit a variety of trades and arranged over ground floor with the option to extend into part basement and part mezzanine area.

Lease:
Indications of interest are requested based on a rental of £40,000 pa.

Subject to Contract
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To Let
HIGH TURNOVER ITALIAN RESTAURANT
Available
High Street, Hornchurch, Essex RM11
(Reference No. 023377)
 
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Location:
Situated in High Street, Hornchurch roughly equidistant from Billet Lane and Grey Towers Avenue. The nearest stations are Emerson Park Overground Station and Hornchurch Underground Station.

Description:
Comprising a newly refurbished 2 story end of terrace restaurant which includes extensive ancillary areas on the ground and 1st floors. To the front of the property is a decking area and there is rear access for deliveries.

The business was been established in 1994 and we have been advised average weekly turnover in the festive weeks alone is circa £50,000.

Full planning permission has been granted to extend the trading area of the business to the 1st floor which will generate approx an additional 650 sq ft.

This is a retirement sale and a fantastic opportunity for an existing operator to acquire a thriving and highly profitable business which needs little or no investment for the foreseeable future. In addition they will be acquiring a business which still has huge potential to expand further, particularly with the 1st floor trading area still yet to be utilised.

Lease:
Held on an existing renewable lease at £35,000 pa

Terms:
A reduced premium of £199,000 is sought.

Subject to Contract
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To Let
A3 RESTAURANT
Available - **Reduced Premium**
Green Lanes, Palmers Green, London N13
(Reference No. 023402)
1209 SQ FT (112.35 SQ M)
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Location:
Situated midway along Green Lanes and close to Windsor Road and Park Avenue. The nearest station is Palmers Green (Network Rail).

Description:
Newly refurbished A3 premises currently trading as a Bulgarian restaurant with 45 covers, large fully fitted kitchen including a pizza oven. The premises benefit from separate male and female WC’s and air conditioning. The restaurant is fully licenced to serve alcohol and currently trades from 11.00 am – 12.00 pm.

Lease:
Available on an existing 16 year Lease from 17th January 2013 at £18,000 pa with 4 yearly rent reviews.

Terms:
A premium of £30,000 sought for the goodwill, fixtures, fittings and equipment.

Subject to Contract
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Lease for Sale
A3 RESTAURANT
Available - **Reduced Premium**
Chigwell Road, Woodford Bridge, Essex IG8
(Reference No. 023355)
837 SQ FT (77.79 SQ M)
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Location:
Situated on Chigwell Road at Woodford Bridge close to the junction with the B173 Manor Road. The property is roughly equidistant from both Chigwell and Woodford Underground Stations.

Description:
Established contemporary restaurant which can provide up to 50 covers plus some al fresco dining to the forecourt. The premises are fully air conditioned, licenced for alcohol and trades until 12.00 pm on Fridays and Saturdays. The kitchen is a good size, plus there are various rear store rooms and a cold room.

The business is producing an excellent steady turnover with approximately 30% derived from takeaway and delivery.

Lease:
Held on a 20 year Lease from 2008 at £21,000 pa with 5 yearly rent reviews.

Terms:
£99,000 is sought for the goodwill, fixtures, fittings and equipment.

Subject to Contract
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Lease for Sale
RESTAURANT WITH RESIDENTIAL ACCOMMODATION
Available - **Reduced Premium**
Victoria Road, Romford, Essex RM1
(Reference No. 023290)
1335 SQ FT (124.02 SQ M)
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Location:
Situated in Victoria Road, Romford a short distance from the junction with South Street and close to the town centre.

Description:
Long established Indian restaurant with over 70 covers, good size kitchen, 2-3 bedroom accommodation above and off street parking for 2 cars to the front forecourt, plus rear vehicular access.

The premises are fully licenced for alcohol and are air conditioned and incudes all fixtures, fittings and equipment.

The 1st floor flat is self-contained and could be used for staff accommodation or possibly sub-let subject to consent.

Lease:
Available on a new FRI Lease at £25,000 pa including the 1st floor accommodation.

Terms:
£49,995 is sought for the goodwill, fixtures, fittings and equipment.

Subject to Contract
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For Sale
RESTAURANT
Available
Station Road, Chingford, London E4
(Reference No. 023304)
 
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Location:
Situated on Station Road, Chingford virtually opposite Chingford Railway Station and close to many other retailers, banks and restaurants. Station Road is well located for visitors to Epping Forest and the surrounding area.

Description:
Spanish style tapas restaurant below a 10 room hotel (all with ensuite facilities) and rear car park. The restaurant also doubles as a breakfast area for hotel guests and is also very successful in its own right as a very popular Spanish style restaurant with 70 covers.

Lease:
Restaurant - Held on a 25 year Lease from 2011 at £30,000 pa.

Terms:
£120,000 sought for the goodwill, fixtures, fittings and equipment.

Subject to Contract
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Lease for Sale
FULLY FITTED RESTAURANT WITH INCOME PRODUCING RESIDENTIAL UPPER PART
Available
Green Lanes, Palmers Green, London N13
(Reference No. 023129)
1376 SQ FT (127 SQ M)
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Location:
Situated on Green Lanes a short distance from Aldermans Hill and virtually opposite McDonalds and Waitrose and surrounded by a number of multiple and independent restaurants and retailers. Palmers Green Network Rail station is a short walk away.

Description:
Well fitted restaurant with bar area and 56 covers, with large kitchen area incorporating a walk-in cold room, all fully fitted with the necessary equipment. The premises are air conditioned/heated.

The upper part is entered to from the rear of the property and is arranged over two floors and comprises seven letting rooms, which are currently let producing £3,000 per month. The net rent after income from the flat above is very small and makes this a profitable business with the majority of your base expenses covered.

Lease:
Held on a 20 year Lease with approximately 11 years remaining with 4 yearly rent reviews at £37,000 pa.

Terms:
Offers in the region of £180,000 for the goodwill, fixtures, fittings and equipment.

Subject to Contract
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Lease for Sale
ESTABLISHED INDIAN RESTAURANT PLUS 2 FLATS
Available - **Reduced Premium**
Broadway Parade, Crouch End, London N8
(Reference No. 022633)
732.73 SQ FT (68.08 SQ M)
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Location:
Situated on Broadway Parade, Tottenham Lane, Crouch End close to its intersection with Elder Avenue and Ferne Park Road. Crouch End is a vibrant area with many boutiques and cafes.

Description:
Comprising a long established restaurant with 40 covers, fully fitted bar area, fully fitted kitchen, storage area, male & female WC's.

The upper part comprises of two one bedroom flats arranged on 1st and 2nd floors. The 2nd floor flat is occupied by a controlled tenant and paying £740 per month. The 1st floor is let as 3 rooms on an AST (Assured Shorthold Tenancy) at £13,000 pa.

Once the income from the residential is taken into account the net rent payable for the restaurant is approx £8,120 pa, thus making the restaurant an extremely attractive proposition.

An early viewing is recommended.

Areas:
Restaurant depth - 11.16 m
Restaurant width - 4.93 m

Kitchen area - 4.67 m x 2.80 m

Rear parking for 2 cars

2 x 1 bed flats at first floor

Lease:
Held on a 15 year FRI Lease from September 2008 with 5 yearly rent reviews at £30,000 pa.

Terms:
£60,000 is sought for the benefit of this Lease, including goodwill, fixtures, fittings and equipment.

Rates:
London Borough of Haringey - approx £6,500 pa payable for 2009/2010. Interested parties should make their own enquiries via the Local Authority or Valuation Office www.voa.gov.uk. Claridges cannot guarantee any figures.

Viewing:
Strictly by appointment only via Claridges Commercial - 0845 205 0007.

Subject to Contract
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These particulars do not constitute any part of an offer or contract. No responsibility is accepted as to the accuracy of these particulars or statements made by our staff concerning the above properties. Any intending purchaser must satisfy himself as to the correctness of such statements and these particulars. All negotiations to be conducted through Claridges.


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