Dennis Parade, Southgate

LOCATION
The premises are ideally situated in a prime position benefitting from an excellent footfall from the High street, in addition to Southgate Tube station situated directly across the road. Southgate underground station is conveniently part of the Piccadilly line with a huge number of commuters passing you daily. The restaurant is adjacent to Marks and Spencers. This location really has the ability to be a great neighbourhood destination.

DESCRIPTION
E class commercial unit that has successfully been trading as a Japanese restaurant for over 10 years and has an already built loyal customer base. The property totals 1,100 sq ft and comes with a 3 bedroom residential flat above. The restaurant comes fully fitted with all the fixtures, fittings and equipment. The flat is currently occupied by the restaurant staff but can be sub let separately to further increase revenue! There is also parking to the rear of the property with rear access.

Rent: £36,000 per annum
Premium: £100,000
3 Bedroom flat above the restaurant included within the lease
Assignment of a 15 year which began August 2018
Fully fitted restaurant
Stones throw away to Southgate Underground Station
Existing customer base

Please contact one of our commercial property consultants at your earliest convenience to avoid potential disappointment.

Please note that we charge a £750 +VAT fee for the processing of referencing, administration and laundering.

TERMS
Assignment of a 15 year lease

VAT
It is our understand there is no VAT applicable

LEGAL COSTS
The ingoing tenant to cover the landlords legal fees

VIEWING
Strictly via appointment only