Wood Green High Road, N22

High Road

Wood Green, London N22
Type: Commercial

Rent: £55000p.a

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Summary

Newly refurbished A3 unit for lease in a high footfall location just a stones throw from Turnpike Lane tube station and Wood Green Shopping Centre.

Accommodation

Michael Naik & Co offer this well placed A3 unit for lease with Alcohol license, which has been recently refurbished to a good/modern standard as well as being fitted with air conditioning. The unit offered approximately 1050 SQ. FT/97 SQ. M of internal floor area with a large sales and kitchen area and mixed use WC to the rear.

The amenities include - La Marzocco Linea Classic 2 group, Pitcher Rise, 1 buffalo convection oven, 1 large commercial chest Freezer, 2 double glazed serve over fridge, 3 under counter commercial fridge, 1 commercial under counter dishwasher, Stainless steel table, table and chairs, Safe, Hand dryer, all fixtures and fittings (lights, glass counter tops, shelves etc) and 3 phase power.

Terms
By way of lease assignment of a 10 year FRI lease from 2018 (9.5 years remaining) and within the Landlord And Tenant Act.

Rent: £55,000 per annum
Premium: £20,000
Rent Review: 5th Year
Break: 5th Year
Deposit: 3 months
Rent paid quarterly in advance on the usual quarter days.

Outgoings
We have been advised by the assignor that the current rates payable are £28,000 per annum. It would be advised that the assignee makes their own enquiries with the local authority.

Legal Costs
Each party to party to bear their own legal costs incurred in this matter, but the ingoing tenant is to undertake the landlord's legal fees.

Viewing
Strictly via appointment with Michael Naik & Co

Location Map

Tel: 020 7249 0272 Email: contact@michaelnaik.com

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