Restaurant/cafe for sale in Wood Green Shopping City, High Road, London N22

£135,000
Restaurant/cafe for sale
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Property features

  • Shopping Centre Trading Location
  • Annual Turnover £208,000
  • Further Financial Info Available After Viewing
  • Long Established
  • Retirement Sale
  • Well Equipped Throughout
  • Scope To Introduce Alcohol
  • Potential For Outside Catering
  • Scope To Extend Opening Hours
  • Could Suit A Variety Of Cuisines

Property description

Ref 6901 – Leasehold Cafe
Blacks Brokers are pleased to bring to the market this leasehold café located within Wood Green Shopping City, Hornsey.


Introduction


Cafe Villa Dei Fiori was established over thirty years ago and our client took ownership in 1994. The cafe is very well known and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this shopping centre location. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google.


Location


Cafe Villa Dei Fiori occupies a prominent trading position within a shopping centre with an entrance also available from the main road outside. The area is densely populated commercially with neighbouring businesses including eateries, independent retailers and large multiples such as Boots and Primark. Hornsea Train Station and Alexandra Park are also close by. The area is well linked by the A1 and the A10 with strong public transport links and parking is available in the surrounding area.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due to retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Lease


The current rent is £464 + VAT per week. The business operates on a licence which is renewed every 2 years with the shopping centre. There is also a storage area available if required - this comes at a cost of £36 + VAT per week.


Staff


The business operates with four members of staff supporting our client working on a full time basis.


Financial details


Cafe Villa Dei Fiori has traded solidly since opening and our client has established a strong customer base. We are advised that the business currently has annual turnover of £208,000 with gross profits to be confirmed.


Business rates


The business rates payable are £6,000 per annum.


Summary


This long established café is very well known with a strong base of regular customers. There is plenty of scope to develop the business further with the introduction of a delivery service along with the implementation of a website with ordering service and the potential for longer opening hours. There is also scope to introduce a shisha café area within this large café and many opportunities for outside catering in this area for local business working lunches and so on. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £135,000.

Please quote ref: 6901

Business Accommodation

Building layout and design
Cafe Villa Dei Fiori operates from a purpose built retail unit. The business has striking branding and signage on display above an outdoor dining area which offers seating for twenty four. Inside, there is a main dining and servery area with further seating for fifty four. This area is well presented, fitted with tiled flooring and free standing tables and chairs. The kitchen is well equipped, fitted with fridges and freezers, commercial Valentine fryer, grill, griddle and much more. All are of good quality and have been well maintained. Each area of this business is finished to a good standard.

Fixtures & Fittings

3.5 Metre Refrigerated Display Cabinet With Storage Underneath
Grill
Toaster x 3
Microwave x 3
Commercial Valentine Fryer
Griddle
Drinks Fridge x 2
Coffee Machine (New)
Electric Oven - 4 Rings
Fryer x 2
Fridge Freezer
Small Fridge
Small Freezer
Ice Cream Freezer
Slide Door Freezer
Fridge
Slice Machine
Commercial Tin Opener
Food Processor
Prep Sink
Grill Ventilation System
Coffee Grinder
Store Room
Small Freezer x 2
Fridges x 3
Coffee Machine
Bain Marie

Opening Hours

Mon - Sat: 08:30 - 17:00 sun: 10:30 - 16:00

Arrange Viewing

For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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