Unique opportunity to lease a newly established and refurbished Pizzaria. This is a turnkey business conveniently located moments from Archway Underground Station in a popular residential area.
The property is located on Junction Road in the heart of this densely populated commercial and residential catchment area. The area is well served by public transport with Archway Underground Station a few minutes walk away and Tufnell Park Underground Station nearby, with numerous bus routes serving the immediate area.
The unit has been completely refurbished by the current owner with most of the equipment being nearly new. The unit comprises of both ground and basement levels and benefits from A3 Consent and rear access. The unit also benefits from steady footfall being close Archway Underground Station (Northern Line). Near by occupiers include Iceland, Greg's, Costa Coffee, Co-Op, Starbucks, Coffee Republic and the very popular independent Coffee Shop Bread & Bean.
The ground floor accommodates the seating area, with service counter, oven and a prep area to the rear. As well as a customer WC. Located downstairs is the prep kitchen, cold room, office, rear access, staff WC.
Ground Floor: 392 Sqft
Basement: 330 Sqft
Total: 722 Sqft
Glass frontage, steel shutters, Rear Access, Tile Flooring throughout, Spot Lighting, 2 x WC, Water and Gas. All equipment is included in the sale which includes Gas fired oven, turbofan electric oven, induction stove, microwave, under counter fridge, topping fridge, dairy fridge & freezer, display fridge, tables and chairs, dough mixer & deep fat fryer.
The premises are available on assignment of a 15 year Full Repairing and Insuring lease which commenced in 2018, subject to 5 yearly rent reviews and tenant only break clause at the end of year 3.
Rent: Year 1 - £22,000 pax, Year 2 - £23,000 pax, Year 3 - £24,000 pax, Year 4 - £25,000 pax, Year 5 - £25,000 pax.
Premium sought for the benefit of fixtures and fittings, equipment and goodwill.
Prospective tenants are advised to make their own enquiries with the Local Authority. Rates payable approx £6,500 per annum.
Strictly by appointment through sole agent Driver's and Norris.