LOCATION
The property occupy a prominent position on the east side of Stroud Green Road, close to the junction of Tollington Park and Stapleton Hall Road, linking Finsbury Park and Crouch Hill.
Situated in a densely populated commercial and residential catchment area & is part of a busy retail parade. Neighbouring businesses include Tesco, Post Office, Sainsbury's Local, Nando's, and numerous other local occupiers.
Public transport links are excellent, with Finsbury Park Mainline and Underground (Piccadilly and Victoria Line) stations close by, in addition to numerous bus routes serving the immediate area.
DESCRIPTION
The ground floor unit comprises a well-presented front porch with seating, a large main service and seating area, and the primary kitchen.
The rear of the property offers a second kitchen area and suitable storage space, including provisions for cold storage, fridges, and a dishwasher. There is also a rear door leading to an outbuilding.
ACCOMMODATION
Overall Area: 2890 Sq Ft (268.49 Sq M)
AMENITIES
High footfall area
Extraction
Renovated
Air Conditioning
Shutter
WCs
Tiled flooring
TERMS
Available on assignment of existing 20 year full repairing and insuring lease commencing from May 2025, inside the landlord & tenant act, with 5 yearly rent review patterns.
Premium sought for lease term, goodwill, fixtures & fittings - offers in excess of £190,000.
Rent structure:
First-year incentive: Year 1 - £35,000 pax
Year 2 to Year 5 - £40,000 pax
OUTGOINGS
Parties are advised to make enquiries with the local authority.
LEGAL COSTS
Ingoing tenant to be responsible for the landlords & current tenant legal costs associated with the assignment.
VIEWING
Strictly by appointment through sole agents Drivers and Norris.
