Property description

We are delighted to present this spacious highly visible A3 usage fast food restaurant currently trading as a Sam’s Chicken and Chip shop. Located on Tottenham High Road only a few hundred yards from White Hart Lane Stadium home to Tottenham football club. Situated in a great location as 30,000 fans visit the stadium for home games on a weekly basis offering a great flow of footfall and business directly to this property. Tottenham stadium have also started construction work for their brand new stadium with a capacity of 61,000 and a brand new 5* Hotel next door. This will double the flow of fans visiting this location ensuring even more business.

This property comprises of a spacious shop floor measuring a total of 913.71 sq. ft. as well as a waste space at the rear of the property with a separate exit to dispose of this measuring a total of 201.2 sq. ft. The property offers a large array of equipment no more than 3 years old such as a walk in fridge and separate walk in freezer. A few more examples of the equipment include a Peri Peri Machine, Marinade Machine, Breading Tables and Rotational Ovens and many more. The property is being offered as a lease assignment with 16 years remaining on the lease. The seller is seeking a premium of £150,000. An option to continue trading as a Sam’s Chicken Franchise is also possible for a further £10,000 franchise fee.

Accommodation

Shop Floor:

Front of Till – 247.44 Sq. Ft.

Behind Till Working Area – 666.27 Sq. Ft.

Cloak Room – 18.64 Sq. Ft.

Toilet – 34.04 Sq. Ft.

Office – 36.86 sq. ft.

Garden Space – 201.2 Sq. Ft.

TOTAL – 1,114.37 Sq. Ft.

Tenure
Leasehold/Lease Assignment – £20,000 per annum.
Our client wishes to assign the lease which has 16 years remaining (renewable lease).

Premium
£150,000 for Goodwill, Fixtures/Fittings and Equipment. With a further option of continuing running the business as a Sam’s Chicken for a further £10,000 franchise fee.

Legal fees
The incoming buyer/tenant is responsible for all legal costs.

Rates
We have been advised that the rates payable is £3500 per year. However, interested parties are encouraged to make their own enquiries with the local authority.

If you would like to arrange a viewing for this property, please call us on 020 7510 0860 or alternatively call our property consultant directly on 074 1586 3800.

Viewings Strictly Through Appointment Only

Property Features :

• Large A3 Usage
• Over 1000 sq. ft.
• 2 Minute Walk from Tottenham Stadium
• Main Road
• Busy Footfall