£950,000

Restaurant for sale

  1. Property photo 1 of 1.
Under offer

Guide price

£950,000

(£545.04/sq. ft)

Restaurant for sale

High Road, Whetstone, London N20

1,743 sq. ft

Local area information

Property location

Nearby amenities

  • Totteridge & Whetstone 0.2 miles
  • All Saints' CofE Primary School N20 0.3 miles
  • Alma Primary 0.4 miles
  • Oakleigh Park 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Investment Opportunity
  • Imposing, corner sited, High Road freehold building
  • All flats have been sold off on long leases
  • Business not affected
  • Freehold Sale
  • Area well served for public transport
An imposing, corner sited, High Road freehold building comprising; ground and basement level restaurant unit - trading as Matthew's Kitchen, plus 5 flats above.

All flats have been sold off on long leases - lease terms & ground rent details overleaf.

The High Road benefits from an array of shops, restaurants & coffee shops - including; Boots, Waitrose, Costa Coffee, Marks and Spencer, and a number of independent traders.

The area is well served by public transport, with bus services running along the High Road, and with Totteridge & Whetstone underground station (Northern Line) being within a quarter of a mile.

All viewings strictly by appointment only

Ground Rent & Lease Details

Matthew's Kitchen
1288-1290 Let on a 20 year term commencing
June 2021 Passing rent £63,500 pax, Next Review date June 2026
Break option - August 2027

flat 1288a 189 year lease commencing
Dec 1987 Approximately 153 years remaining
Ground Rent currently £200 pa

flat 1288b 189 year lease commencing
Dec 1987 Approximately 153 years remaining
Nil Ground Rent

flat 1290a 189 year lease commencing
Dec 1987 Approximately 153 years remaining
Ground Rent currently £250 pa

flat 1290b 189 year lease commencing
Dec 1987 Approximately 153 years remaining
Ground Rent currently £200 pa

flat 1290c 189 year lease commencing
Dec 1987 Approximately 153 years remaining
Ground Rent currently £200 pa

Commercial Unit Energy Performance Certificate: D

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. North London
  5. Oakleigh Park
  6. High Road

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