Assignment of existing Lease
Established for nearly 30 years, this family run bakery business is for sale due to retirement. Lease to be assigned and business for sale – to include all equipment & fittings.
Situated along the busy Cricklewood Broadway, with good footfall and passing trade.
The property is situated within half a mile of Cricklewood Station (Thameslink), and within three quarters of a mile of Kilburn Underground Station (Jubilee Line).
All viewings strictly by appointment only
Offers invited for the goodwill, fixtures & fittings.
The unit has an approximate internal width of 17’8 (5.38m), and an overall depth of 45’3 (13.80m).
The front retail area has a depth of approximately 16’3 (4.95m). The rear section is arranged with a large preparation area, walk-in fridge, storage room, and WC facilities.
To the rear of the unit there is a shared yard with parking.
GIA – approx. 800 ft² (74.3m²)
Lease: Assignment of 16 year term – commenced in June 2006, with a 4 yearly rent review pattern.
Current passing rent : £16,500 PAX.
Legal Fees:Ingoing tenant to be responsible for the landlord’s reasonable legal costs.
Business Rates: According to the VOA website, the 2017 Rateable Value is £25,500 – interested parties are advised to make their own enquiries with the London Borough of Camden.