020 8904 5040

Takeaway For Sale in Finchley - Reduced £110,000

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Superb opportunity for aspiring business owners and seasoned business professionals: An A5 licensed hot food takeaway trading as a chicken shop with 5 bed flat above for sale on the main high road in Finchley. We are informed by the vendor the annual turnover for the shop is £270,000.

A well located busy takeaway in Finchley Central for sale on lease with a reasonable rent of £34,700 per annum for the entire building. The business has options for takeaway, fast food, and other options and delivery accounts set up with Just Eat, Uber Eat, Hungry House & Deliveroo.The property has been recently refurbished and comprises a main seating area, large kitchen, separate fridge and freezer rooms, large basement and bathroom.

Terms: The business along with the residential element is for sale by way of a lease assignment for £110,000. The premium includes fixtures, fittings and the lease to be assigned. Please note the flat above is rented out on an AST, bringing in approximately £36,000 per annum in rental income.

Location: Finchley is an area of northwest London, England, in the London Borough of Barnet. It is located 11 km (6.8 mi) north of Charing Cross forming part of the ancient parish in the county of Middlesex, becoming a municipal borough in 1933, and has been part of Greater London since 1965.It is predominantly a residential suburb, with three town centres: North Finchley, East Finchley and Finchley Church End (Finchley Central).

Tenure: Leasehold

EPC: D 83

Measurements:

Ground Floor: 936.46 ft²
Basement: 227.01 ft²
Total for commercial element: 1172.18 ft²

Residential element: 1237.85 ft²

Rates: £12,779 for the year 2018. Interested parties are strongly advised to contact the local council regarding rates payable for this property. Glenmore Property Services has not sighted any rates bill or proof of this valuation, please rely on your own enquiries to verify the rates payable for this premises.

VAT: All prices quoted are exclusive of VAT.

Rent: £34,700 per annum.

Lease: To be confirmed.

Legal fees: To be confirmed.

Opening and closing times:
Open 11am to 1am

Viewings:
Viewings can be arranged by prior appointment by calling Glenmore Property Services.

Holding deposit: Tenants or prospective purchasers wishing to secure this property will be required to pay a holding deposit to Glenmore Property Services of £3,000. The deposit is non-refundable except if the vendor withdraws, or a clear title cannot be proven. This deposit is held in our client account until completion.

These particulars are prepared for the guidance of prospective purchasers. They are intended to give a fair and overall description of the property and do not constitute the whole or any part of an offer or contract. Any information contained herein (whether in text, plans or photographs) is given in good faith but should not be relied upon as being a statement or representation of fact. Any plans provided by the agents and/or with the sales particulars are intended for guidance purposes only; we cannot guarantee the accuracy and scale of any plans, and they do not form any part of the sales contract.

Money laundering regulations: To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Arrange a Viewing

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.