Assigment of existing lease - an oportunity to take over this well-established, profitable ground floor cafe in the highly sought-after Highgate neighbourhood with outside seating (part of the premisses).

LOCATION
The unit is located on the ground floor of a mixed used building along Swains Lane situated close to the popular junction of Highgate Road. The property is situated in a popular residential area, but also many independent businesses serve the immediate area, such as Gail bakery, Tesco Express. Gospel Oak (Overground) Station, can be found just over half of mile from the property. The very popular grounds of Hampstead Heath & Parliament Hill are within close proximity.

DESCRIPTION
Currently operating as a bistro/café, with a spacious seating area to the front, bar area, two WCs and a substantial external seating area. To the rear of the property, there is a storage room with a side door that leads out to a patio area, as well as a well-maintained kitchen. The ingoing tenant will benefit from the ongoing profitable business ,property good condition, fixtures and fittings.

There is scope to increase turnover by trading in the evening.

Operating at a healthy profit margin. Financial details available upon request.

ACCOMMODATION
Gross floor area 123.30m2 / 1327.68 Sq Ft

AMENITIES
Good condition
Highly sought after area
Air conditioning
Kitchen
Two WC's
Outdoor seating part of the property
Spacious seating area
Patio area

TERMS
Lease is being renewed by 12 years for ingoing tenant (on top of the existing one). Premium of £300 000 negotiable sought for the benefit of business , lease, goodwill ,fixtures and fittings .

Premium of £300,000 sought for the benefit of the lease, goodwill and fixtures & fittings.

OUTGOINGS
Prospective tenants are advised to make their own enquiries with the Local Authority.
Current Business Rates payable £2,838.06 (inclusive of relief)

LEGAL COSTS
Each party to bear own costs, ingoing tenant to pay landlord legal costs.

VIEWING
Strictly by appointment through the Landlord's sole agent Drivers & Norris.