Rare opportunity to lease this Entire Building comprised of an established Restaurant/A3/Takeaway/A5 on the ground floor and 4 residential units over the upper floors directly opposite Finsbury Park Station.
The property is located along the busy A503 directly opposite the major travel hub that is Finsbury Park Station. The station is service by National Rail and Victoria & Piccadilly Underground lines. As well as being a main stop off for countless bus routes. The station clocked over 31.22 million entry and exits in 2017.
Aside from being the starting point of the local High Street the location benefits from numerous visitors to Finsbury Park which holds many events and festivals. In addition, station is one of the main access points for visitors to Emirates Stadium resulting in excellent trade during match days.
The area is undergoing a 220 million redevelopment as part of City North Scheme which will bring many more new homes & customers to the area.
The property is comprised of a self contained A3/A5 restaurant on the ground floor, one bedroom flat on the first floor, 1 studio on both the second and third floor, plus a bed sit split over the upper 2 floors. The residential aspect of the building is thought able to generate in excess of £50,000 per annum.
The restaurant has been trading as a successful fish and chip shop for over 4 decades in the same family. Comprised of a serving counter at the front, seating for 38 in the restaurant area, customer WC and office with a prep area at the rear. The business benefits from a longs standing client base, 5* Hygiene Rating & Alcohol Licence.
Ground floor restaurant 110 sq m /1,184 sq ft
First floor 1 bed flat 41 sq m / 441 sq m
Second floor Studio + Kitchen 36 sq m/ 783
Third floor Studio + Bedroom with En suite 36 sq m /387 sq ft
Restaurant: Tiled floor, Extractor, Air-Conditioning, Office at the rear, suspended ceiling, Alcohol licence, 5* Hygiene rating, 4.5/5 rating on Trip Advison & 4.4/5 on Google.
The building is available on a new Full Repairing and Insuring Lease terms to be agreed.
Premium is sough for the benefit of the lease, fixtures & fittings & goodwill.
Parties are advised to make their own enquiries with the local authority.
Under the Finance Acts 1989 and 1997 VAT may be levied on the rental price. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
Each party to bear own legal costs.
Strictly by appointment through Drivers and Norris.