Green Lanes, Palmers Green N13

  Ref 024689    

Green Lanes, Palmers Green N13

Ref 024689

  • £29,000 pa  

    To Let

    £29,000 pa  

    To Let

    • Description

    Long established take-away fish and chip restaurant that has been in the same hands for over 30 years. The premises includes a residential flat which is self-contained and arranged over two upper floors which is currently sub-let and producing £19,200 pa. The business has a good regular repeat trade and good turnover despite the limited opening hours. The turnover could be boosted further with additional opening hours and refurbishment throughout. The business does not currently offer any delivery service and with it the turnover could be boosted enormously. The rent is highly subsidised by the residential rental income. We recommend inspecting as soon as possible.

    Gallery

    Areas

    Shop area 5.09m wide x 11.50m deep 630 sq ft (58.53 sq m) Residential accommodation (accessed via the rear of the property) 1st floor lounge & kitchen diner 2nd floor 2 x bedrooms and a bathroom Gas central heating (not tested) *There is parking to the rear of the property for 2 vehicles

    Lease

    The entire property is held on a lease for a term of 20 years from 25th February 2010 with 4 yearly rent reviews at £29,000 pa

    Premium

    £58,000 sought for the fixtures, fittings and equipment

    Location

    Situated in a good position on Green Lanes, Palmers Green close to Hedge Lane and Windsor Road. This is a densely populated area with good potential for take-away and delivery business. Palmers Green network rail station is within walking distance.

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    To Let

    £29,000 pa