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London Properties Are Pleased To Offer To The Market This Superbly Refurbished Air-conditioned Licensed Cafe Bar & Restaurant With Late Night Licence Situated Holloway Road for Sale

Holloway, London

Leasehold : 149,950
Turnover : 4,500 p.w.

London Properties are pleased to offer to the market this superbly refurbished air-conditioned licensed cafe bar & restaurant with late night licence situated Holloway Road (A1) on the outskirts of Islington in North London. o the front the premises are prominently signed and attractively presented and afford extensive and inviting display window space onto a large forecourt trading area providing additional external dining covers in good weather. The property also incorporates a useful private service yard area to the rear with separate access for deliveries, private unrestricted off-road parking facilities for 3 vehicles and outbuildings consisting of a secure external storeroom. Internal viewings are highly recommended through London Properties by appointment.

LOCATION: Occupying a fantastic and highly visible trading position among other complementary outlets on the busy main A1 through the vibrant and densely populated metropolitan suburb of Holloway on the outskirts of Islington in North London, to the front the premises are prominently signed and attractively presented and afford extensive and inviting display window space onto a large forecourt trading area providing additional external dining covers in good weather

DESCRIPTION: Fitted and presented to the very highest trade specifications throughout, thanks to a recent and extensive programme of re-furbishment undertaken at great expense by the current proprietors these substantial and extremely well maintained leasehold terraced parade premises provide truly outstanding and highly functional internal business accommodation which briefly comprises a broad inviting glazed public entrance directly off Holloway Road (A1) into the main, bright, welcoming and deceptively spacious customer service and dining area with tile
d flooring throughout for easy cleaning, feature suspended lighting, which we understand hold a valuable restaurant table licence and features a good mix of stylish coffee lounge and dining furnishings for the provision of a full and varied menu of classic coffee shop breakfasts, lunches, hot and cold snacks, sandwiches, beverages and fuller a la cart evening restaurant
cuisine, including an excellent choice of chicken dishes Affording free public wi-fi internet access throughout, the main public area also houses a substantial, fully fitted food serve-over counter with 2 x large glass-fronted refrigerated delicatessen-style food display and serve-over sections, electronic till point, full complement of bottle, crockery and glass display and
storage shelving, a small open preparation area with modern coffee machine, coffee grinder, panini grill and easy access through to a fully fitted and extensively equipped commercial kitchen with extraction system housing ample stainless steel work surfaces, storage units, a fully equipped preparation/washing-up kitchen area and a full range of modern, high quality catering appliances, all of which we understand are to be included in the sale price and further details of which will be made available upon request to any genuine interested parties. The premises also incorporate all the usual separate male and female washroom/WC facilities for customers and a further, separate, fully disabled compliant cloakroom/WC, with further ancillary accommodation consisting of a small, fully furnished and equipped private and general administration office, together with a staff changing room area with private cloakroom/WC facilities and a large general dry goods store affording easy access for deliveries and despatches by means of large, rear full-height industrial roller shutter doors. The property also enjoys the benefit of air conditioning, in addition to the added security benefit of a full alarm system, 52 covers and off street parking for 3 cars.

USES: A3 with alcoholic licence & good night licence till 12pm

PREMIUM: 149,950 for the benefit of the lease, fixture & fittings

TERMS: The premises are being offered with the benefit of a long secure 25 year lease with approximately 22 years of the current term remaining and reviews every 5 years

RENTAL: 25,000 per annum

BUSINESS RATES: We have been advised by the client that the current rates payable are 7,500. However, all interested parties are encouraged to make their own enquiries with Borough of Isington.

OPENING HOURS: Monday till Sunday 08.00 a.m - 18.00 p.m

SIZE: Approximately 1700 sq ft

TURNOVER: Current turnover in the region of 247,000 per annum with scope to increase with longer hours

STAFF: Owner managed with 5 staff

EXTERNALLY: Occupying a fantastic and highly visible trading position among other complementary outlets on the busy main A1 through the vibrant and densely populated metropolitan suburb of Holloway on the outskirts of Islington in North London, to the front the premises are prominently signed and attractively presented and afford extensive and inviting display window space onto a large fore court trading area providing additional external dining covers in good weather. The property also incorporates a useful private service yard area to the rear with separate access for deliveries, private unrestricted off-road parking facilities for 3 vehicles and outbuildings consisting of a secure external storeroom.

UTILITIES: All main services are connected.

LOCAL AUTHORITY: Islington

LEGAL COST: Each party is to bear their own legal cost.

REFERENCE CHARGE: London Properties charges a fee of 200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: 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

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT


VIEWINGS: Through London Properties by appointment only


Trading Hours: Monday till Sunday 08.00 a.m - 18.00 p.m
 
Staffing: Owner managed with 5 staff
 
Accommodation: None
 
Tenure: The premises are being offered with the benefit of a long secure 25 year lease with approximately 22 years of the current term remaining and reviews every 5 years
 
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71 Advert ID 45574    Sellers Ref : N7 0RN/BSOL

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