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King's Cross Property for sale

9/7/2005 - Icon Estates (E2)

FOR SALE a splendid Commercial situated in King's Cross London England . Property posted by Icon Estates (E2) at 50,000 GBP as at 7 September 2005. This Commercial, contains 0 beds and 0 baths , is 0 sq. ft . Ref: Kings.

Commercial in King's Cross London, England

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King's Cross Property for sale King's Cross Property for sale
King's Cross Property for sale
King's Cross Property for sale
King's Cross Property for sale
King's Cross Property for sale
King's Cross Property for sale
Bedrooms: 0 Bathrooms: 0 Size: 0 sq. ft
Price: 50,000 GBP

(EUROS) € 57,295
(GBP) £ 50,000
(US) $ 81,720
Finance this property from 148.75 GBP (€ 170.45/ £ 148.75/ $ 243.12) per month - see our England mortgages info

Commercial Description

A fantastic Opportunity to acquire a business leasehold unit approx (1000sq ft + Basement) to acquire this leasehold unit.(Restaurant/Caf�) Currently used as a caf� (with alcohol licence available) Turnover is realistic given that with the alcohol licence granted could be trading as a Restaurant/Bistro/Bar.

The premium for the business is �50,000.Rent of premises �25,000 P.A. on a 16 year renewable lease. Business rates 3,200 P.A. (Islington Council).Current trading Hours are:7am-6pm Weekdays8.30am-6pm Sat/Sunday.The premises include all fixtures & fittings including recently installed stainless steel kitchen fitments such as oven, grill, griddle, fridges, hob, sink, Large drinks fridge. There is also an alarm system, internal CCTV and Fire Alarm.The basement offers storage facilities and there is seating for 50 on the main floor.Separate Gents & Ladies also with the main premises.

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Icon Estates (E2)


Icon Estates (E2)
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England Mortgages: Example for REF Kings

( Commercial in King's Cross London, England )

Interest only mortgage

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 15,000 GBP
70 % Financed = 35,000 GBP
Monthly mortgage repayment = 148.75 GBP (€ 170.45/ £ 148.75/ $ 243.12)

Capital repayment mortgage:

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 15,000 GBP
70 % Financed = 35,000 GBP
Monthly mortgage repayment = 190.03 GBP (€ 217.76/ £ 190.03/ $ 310.59)
Correct as at Friday, September 03, 2010

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