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ESTABLISHED RESTAURANT LEASE FOR SALE

A3 Restaurant Lease For Sale Hornsey N8

Elsie’s Coffee Shop & Restaurant – Priory Road N8 


We are proud to present to the market this established restaurant/cafe bar successfully trading as Elsie’s N8.

The property occupies an enviable location on a small parade of established shops with a particularly wide pavement perfect for enjoying a coffee and watching the comings and goings of the local area. Situated on a busy thoroughfare close to the junction of Priory Road and Middle Lane a few moments from the gates of Priory Park.

The property is offered by way of a 16 year lease commencing in May 2013 therefore there is 12 years remaining. The current annual rent is £15,000 rising to £17,500 in May 2018. Thereafter rent reviews every four years.

Property Details

Gross Frontage                        6.00m approx             

Internal Width (max)            5.00m approx

Shop/unit Depth (max)         17.00m approx             

WC                                                 Yes                 

Parking space                            

Business Rates 

Rateable Value:          £18,000 (April 2017)

The current business rates for a small business are calculated at a rate of 0.466p. The standard rate is calculated at 0.479p. We advise all interested parties to confirm these figures for themselves with the Local Charging Authority. 

Premium £70,000         

  • Floor plan

  • EPC