A3 Restaurant Lease For Sale in Hornsey N8 - Bracewells Estate Agents
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A3 Restaurant Lease For Sale in Hornsey N8

REDUCED PREMIUM!

A unique opportunity to acquire the well established iconic Hornsey restaurant/cafe ‘The Olive’.

Having contributed to Hornsey successfully for 16 years the current owners have decided to move on to pastures new. This is an outstanding opportunity for someone to create the next chapter for The Olive.

Ideally located on a prominent corner premises in High Street Hornsey opposite St Marys School and Hornsey Village Green.

LOCATION

The property is situated on Hornsey High Street at the junction with Birkbeck Road and being close to three primary schools and a secondary school.  There are a number of multiples on the High Street including Tesco Express and Sainsbury Superstore. There are also many highly regarded individual boutiques, shops and restaurants including The Intrepid Fork, Heron Hawker and Through The Woods as well as dining pubs The Three Comopasses and The Great Norther Tavern.

BRIEF DESCRIPTION

 Gross frontage            TBA
Internal width              TBA
Depth                             TBA
Ground floor area        TBA sq ft

AMENITIES
Male & Female Toilet
Gas Central Heating

LEASE
By way of an assignment of an existing insuring and repairing 15 year lease commencing on 24/6/2007.

RENT
£16,094 per annum.

RATES
Obtained from the www.voa.gov.uk website the rateable value is £15,000 for 2018/19. Interested parties should confirm annual rates payable with local Rating Authority.

LEGAL COSTS   Each party is to be responsible for their own legal costs incurred however the incoming tenant will be responsible for the reasonable legal costs of the landlord.

USE     A3 Restaurant

PREMIUM    £49,950