LOCATION
The premises are located on the South side of Holloway Road in-between Furlong Road and Palmer Place on a busy thoroughfare linking Archway to Highbury & Islington in the heart of this densely populated commercial and residential catchment area. The area is well served by public transport, with Holloway Road Underground Station (Piccadilly Line) 7 minutes walk and Highbury & Islington Station (Victoria line, London Overground's East and North London Lines, and Great Northern City Line) 4 minutes walk away. There are also numerous bus routes serving the immediate area.
DESCRIPTION
The unit occupies the entire ground floor of this mixed use mid terraced building. The site has a long history of being a restaurant, in a row well known for pubs, cafes and dining. The front has a small service bar area followed by a seating area, 30+ covers approx. At the rear there is a kitchen with extraction, store room and Male/Female WC.
Premium sought for the benefit of remaining lease term, good will and fixtures and fittings - £85,000
ACCOMMODATION
Gross Internal Area - 959 Sq Ft (89.1 Sq M)
AMENITIES
Glass Frontage
Kitchen with extraction
Store Room
30 Covers
Very busy location
Close to Highbury and Islington station
TERMS
Full Repairing and Insuring lease for a term of 15 years. Outside the Landlord and Tenant Act (1954) - 11 years remaining
Annual rent = £30,000
ASSIIGNMENT - PREMIUM SOUGHT - £85,000
OUTGOINGS
Parties are advised to make their own enquiries with the local Authority.
VIEWING
Strictly by appointment through Drivers and Norris
