London Properties are pleased to offer to the market this busy Chinese takeaway shop

Islington, London
Leasehold Price:
£80,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
209237
Reference
EC1M 5RD / Rightbiz

Details

LOCATION:

 

The premises are prominently located on popular parade on Clerkenwell Road in the heart of Clerkenwell & within walking distance Farringdon Railway Station. Located near bars/pubs and high street restaurants & takeaways. Trading as a takeaway with online deliveries with just eat/ hungryhouse.Also deliveries to Deutsche Bank, Goldman Bachs Bank, the Gerkin and other offices.

 

 

 

DESCRIPTION:

 

With a small shop front, this place is perfect for takeaways and small delis/ coffee shops. The unit compromises of a generously sized kitchen area with all equipment included. The exterior of the premises is crisp and newly decorated to the highest standard.

 

 

 

USES :

 

A3

 

 

 

PREMIUM:

 

£80,000 for the benefit of the lease, fixture & fittings

 

 

 

RENTAL:

 

£24,000 per annum

 

 

 

TERMS:

 

5 Years left on the original 10 years lease (Renewable) & Rent review - every 3 yrs

 

 

 

BUSINESS RATES:

 

£5,200 per annum. Interested parties are advised to make their own enquiries to the local authority.

 

 

 

SIZE:

 

Approximately 825 sq ft

 

 

 

OPENINH HOURS:

 

Sunday - Thursday 11:30 to 11.00 p.m - Friday & Saturday 11:30 a.m - 01.00 a.m

 

 

 

STAFF:

 

Owner managed with 3 staff

 

 

 

TURNOVER:

 

Current turnover in excess of £390,000 per annum

 

 

 

ACCOUNTS:

 

Available on request

 

 

 

LEGAL COST:

 

To be confirmed

 

 

 

LOCAL AUTHORITY:

 

Islington

 

 

 

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

 

 

 

Listing Details
Leasehold Price: £80,000
Tenure: Leasehold
Sector: Chinese Restaurants, Take Aways Businesses, Indian Restaurants
Financials
Annual Turnover: £390,000
Key Features
  • High Turnover
  • Attractive Business
  • Prime Location
  • Established Business
  • Adjacent to Multiple Retailers
  • Town Centre location
  • Close to Local Amenities
  • Fully Fitted
  • Offers Invited
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