selsian

NIL PREMIUM LEASE - REDUCED TERMS EXCEPTIONALLY FITTED RESTAURANT & BAR (3,972 SQ FT / 369 SQ M)

218 BROADWAY, , MIDDLESEX, HA8 0AP

LOCATION Edgware is a North suburb at the end of the that is approximately 10 miles from central London and 2.5 miles South of Junction 4 of M1 Motorway. The property in situated on the busy Burnt Oak Broadway and is approximately 10 minutes walk from Burnt Oak Tube Station (23 minutes to Euston) and 15 minutes walk from .

DESCRIPTION The business commenced trading at the start of 2014 and was fully refitted to a very high standard. Internally on the ground floor, there are in the order of 120 covers plus around 20/25 in an adjoining function room, up to 40 in the rear garden and extra on the forecourt which can also be used for parking. We are advised that the external areas are licensed to sell alcohol. The basemen houses the fitted commercial kitchen, office, chilled cellar, walk in fridge / freezer, staff room and customer toilets. In all the approximate GIA extends to:

Basement 1,356 sq ft / 126 sq m Ground 2,616 sq ft / 243 sq m Total 3,972 sq ft / 369 sq m External Terraces Not Measured

PREMISES LICENCE The property has the benefit of a Premises Licence that allows the sale of alcohol between the hours of 11.00 and 00.30 Sunday to Thursday and 11.00 to 01.30 Friday & Saturday. The licence also allows the exhibition of films, indoor sporting events, the performance of live music, the playing of recorded music and the performance of dance.

BUSINESS RATES The current rateable Value is £72,500 which gives rises to rates payable of £37,192.50 for 2015/2016.

TENURE The property is available by way of a new effective FR&I lease for a term of years to be agreed, with rent reviews every 5 years and at a rent of £70,000 per annum exclusive.

PREMIUM Our clients are seeking NIL PREMIUM for the lease and offers of £75,000 for all their Premises Licence plus all their trade fixtures, fittings & equipment in situ, which provide and excellent turnkey opportunity.

PLEASE NOTE All figures quoted are exclusive of VAT which could be chargeable on the rent, rent deposit and premium / price, no services or equipment have been tested, no trade is sold or warranted, an EPC is available upon request, possession will be granted only upon completion of the legal formalities and each party is to bear their own legal costs.

For further information contact Stephen Bagatti on [email protected] / 07594 097 078

selsian | 5 dean street | london | w1d 3rq | www.selsian.com | 020 7193 9277

MISREPRESENTATIONS ACT 1967 & PROPERTY MISDESCRIPTIONS ACT 1991 These sales particulars and enclosures are intended only to give a fair description of the property and do not form the basis of any contract or any part thereof. The descriptions, dimensions and all other information are believed to be correct but their accuracy is in no way guaranteed. The purchaser or lessee will be responsible for satisfying themselves on all matters relevant to any developments he/she may propose to carry out and neither the Vendors nor their agents accept liability in respect thereof. These particulars do not constitute any part of any offer or contract. The Vendors do not make or give, nor does any other person in their employment have any authority to make or give, any representations or warranty whatsoever in relation to this property. These details are believed to be correct at the time of compilation but may be subject to subsequent amendment.