Holloway Road, London, N19 - Must be seen £12,000 pa
An excellent opportunity to acquire this established A3 takeaway situated on busy Holloway Road. The premise is currently being occupied as a pizza takeaway located within close proximity of Archway Tube Station, Upper Holloway and Arsenal. This property benefits from a fully furnished kitchen and consists of equipments such as deep freezer, fridge, pizza maker and pizza oven.
This business has been built from scratch by the owners and holds a very good reputation, the business is currently turning over £3,000 a week and has potential of increasing.
Tenure: Leasehold - 7 years remaining (new 20 years lease can be issued)
Rent: £12,000 per annum.
Rates: to be confirmed (Islington council).
We are advised by the client that there is 7 years lease remaining and a new 20 years lease can be issued. Premium: our client seeks a premium of £90,000 for benefit of good will and fixtures and fittings.
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.