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Well-known and established Indian restaurant trading successfully for 7 years
Prominent position on busy Green Lanes (A105) in Winchmore Hill
Seating for 50 covers in a well-presented dining area
Fully Licensed Premises – Alcohol licence until 12 midnight daily
FOR SALE – Established Licensed Indian Restaurant – Winchmore Hill, N21
An excellent opportunity to acquire a well-known and highly regarded Indian restaurant situated on the busy and popular Green Lanes, Winchmore Hill (N21).
The restaurant has been established for over 7 years and enjoys a loyal customer base with strong repeat trade. The premises are well presented and fully equipped, offering a turnkey opportunity for anyone looking to continue operating as an Indian restaurant or to introduce a new cuisine concept.
Key Features
•Seating for approximately 50 covers •Fully licensed to serve alcohol until 12 midnight daily •Air-conditioned dining area •Fully equipped commercial kitchen with cooker ranges and extraction system •Generous storage and preparation areas with fridges and freezers at rear •Rear access and parking available •8 years remaining on existing FRI lease (option for new lease available)
Tenure: Leasehold (8 years remaining on existing FRI lease) Rent: £24,000 per annum Premium: On Application
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Based on property / land value of £24,000 there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
Less than £250k
0
£
£
£250k to £925k
5
£
£
£925k to £1.5M
5
£
£
Over £1,500,000
10
£
£
Over £1.5 million
12
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£
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or purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 1st April 2025 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
24000.00
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