Summary - 364, BALLARDS LANE N12 0EE
1 bed 1 bath Restaurant
**Standout Features:**
- Prime location in North Finchley on Ballards Lane
- Income-producing with potential for vacant possession
- Modern facilities including fitted kitchens, WCs, and a walk-in chiller
- Generous space of approximately 1,050 sq ft (GIA)
- Close proximity to Tally Ho Bus Station and various retail outlets, including Aldi and Waitrose
**Potential Concerns:**
- Currently sublet with a 25-year lease at a passing rent of £24,000 per annum
- High crime rate in the local area
This versatile restaurant space presents an excellent investment opportunity in a bustling urban area of North Finchley. With a spacious layout of around 1,050 sq ft, it features modern amenities such as a fully equipped kitchen, WC facilities, and a walk-in chiller—ideal for replicating the successful restaurant culture nearby or considering a future conversion into residential units. Located strategically near Tally Ho Bus Station and major retailers, this property benefits from high foot traffic, making it a prime spot for business.
While currently leased at £24,000 PAX, investors can look forward to potential vacant possession upon completion, offering flexibility for future endeavors. However, be mindful of the area's higher crime rates, which may impact the overall experience; nonetheless, this could also mean competitive prices in a diverse and evolving community. Don’t miss out on securing this property in a vibrant locale—viewings are strictly by appointment only!
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