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422 Green Lanes

630 SF of Assignment Available in London N13 5XG

Assignment Highlights

  • Long established take-away restaurant
  • Good turnover which could be boosted further
  • 2 bed duplex flat above

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground
  • 630 SF
  • Feb 2030
  • $83.39 CAD/SF/YR $6.95 CAD/SF/MO $897.60 CAD/m²/YR $74.80 CAD/m²/MO $4,378 CAD/MO $52,536 CAD/YR
  • Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

Long established take-away fish and chip restaurant that has been in the same hands for over 30 years. The premises includes a residential flat which is self-contained and arranged over two upper floors which is currently sub-let and producing £19,200 pa. The business has a good regular repeat trade and good turnover despite the limited opening hours. The turnover could be boosted further with additional opening hours and refurbishment throughout. The business does not currently offer any delivery service and with it the turnover could be boosted enormously. The rent is highly subsidised by the residential rental income.

  • Use Class: E
  • Assignment space available from current tenant
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Long established fish & chip take-away/restaurant
  • 2 bedroom flat above
  • Rent is highly subsidised by income from flat
Space Size Term Rental Rate Rent Type
Ground 630 SF Feb 2030 $83.39 CAD/SF/YR $6.95 CAD/SF/MO $897.60 CAD/m²/YR $74.80 CAD/m²/MO $4,378 CAD/MO $52,536 CAD/YR Fully Repairing & Insuring

Ground

Size
630 SF
Term
Feb 2030
Rental Rate
$83.39 CAD/SF/YR $6.95 CAD/SF/MO $897.60 CAD/m²/YR $74.80 CAD/m²/MO $4,378 CAD/MO $52,536 CAD/YR
Rent Type
Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

Long established take-away fish and chip restaurant that has been in the same hands for over 30 years. The premises includes a residential flat which is self-contained and arranged over two upper floors which is currently sub-let and producing £19,200 pa. The business has a good regular repeat trade and good turnover despite the limited opening hours. The turnover could be boosted further with additional opening hours and refurbishment throughout. The business does not currently offer any delivery service and with it the turnover could be boosted enormously. The rent is highly subsidised by the residential rental income.

  • Use Class: E
  • Assignment space available from current tenant
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Long established fish & chip take-away/restaurant
  • 2 bedroom flat above
  • Rent is highly subsidised by income from flat

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

PROPERTY FACTS FOR 422 Green Lanes , London, LND N13 5XG

Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 729 SF
Year Built 1928

About the Property

Situated in a good position on Green Lanes, Palmers Green close to Hedge Lane and Windsor Road. This is a densely populated area with good potential for take-away and delivery business. Palmers Green network rail station is within walking distance.

  • Storage Space
  • Listing ID: 33201901

  • Date on Market: 2024-09-17

  • Last Updated:

  • Address: 422 Green Lanes, London N13 5XG

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