Bar for sale

Junction road, London N19


£280,000
S.O.A.

Features

  • Air conditioning
  • Outside space
  • Tenure: Leasehold

Description

A4 Licence Nightclub for sale in Archway, Islington, N19.

The property sits close to Archway Station and is an institution in the area.

Accommodated over 3 floors, the property benefits from great visibility being a corner unit on a busy street connecting Archway to Angel, the City, Hampstead, Tufnell Park, Kentish Town.

The ground floor presents large front windows. You will have the possibility to add some seating outside or to move the entrance further back to create a winter garden. The ground floor comprises seating area for 38 people and presented a modern bar for cocktail preparation.

On the lower ground floor, you can explore also the dancing area, used also for jam sessions and live music. The capacity of the lower ground floor is 100 people.

The roof terrace (used until 22.30) is currently used as a cocktail and shisha bar, with seating area for 30 people.

The nightclub also includes also a large and fully equipped kitchen and toilets for ladies and gentlemen.


Requirements

Rent: £19,500 per annum

Business Rates: £8,000 per annum

Lease: 17 years remaining, within the Landlords and Tenant Act.

Licenses: Full A4 - Live Music - Alcohol Licence


Location

The nightclub is located in Archway, just a few minuted away from the station.

The area presents a cosmopolitan community with students, families and young professional living in the area.

Archway has just undergone a renovation programme, bringing new modern office blocks and hotel in the area. Archway is, therefore, becoming one of the booming areas in London.

The Archway station is on the High Barnet branch of the Northern line Tube with trains to the City and the West End. Upper Holloway is on the Gospel Oak to Barking Overground line.

There are also plenty of commuter buses connecting to London Bridge via St Paul's, Islington, Tottenham Court Road, Moorgate, and Notting Hill.

Categories

Bars
Call
Property reference
CP_03086A510C_33