Restaurant/cafe for sale in Seven Sisters Road, London N7

£135,000 (£151.52/sq. ft)
Interested in this property? Call +44 20 8033 3603 * or Request Details

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Restaurant/cafe for sale From 891 - 892 sq. ft*

Property description

Cafe for Sale Finsbury Park. Seven Sisters Road

Rent: £18,030 +VAT | Circa 892 Sq. Ft (Ground Floor & Basement) | Lease: Nov 2024 (Option of new lease)


Main features


Fully Fitted Modern Cafe & Restaurant
Established Cafe Business
Benefits from Premises Licence
Eligible for 100% Business Rate Relief


Lease details


Lease Ending November 2024 (Option of New Lease)
Current Rent: £18,030 + VAT
Rent Review: 5 Yearly
Next Rent Review: November 2024
Premium: £135,000 + sav (Lease & fixtures & fittings)


Premises


EPC Rating: C
Ground Floor Circa 495 Sq. Ft
Basement Circa 397 Sq. Ft
Covers: Circa 18-20
Extraction in place
Benefits from Premises Licence
Rateable Value: 12,000 (Eligible for 100% Business Rate Relief)
Permitted Hours: 7am till 11pm


The location


Seven Sister Road, Finsbury Park N7
Finsbury Park Underground: 0.4 mile
Finsbury Park Travelodge: 0.3 mile
Immediate units by independent eateries and retailers


Trading


Cafe and Retail
Turnover: Upon Request
Trading Hours: 7am till 4pm
Great reviews across various platforms
Staff: One owner and 2 staff


Reason for sale


Break: Our client has owned this cafe business for nearly 8 years now and wants to take a break from the business.

Landlord’s requirement

Preferably with Hospitality Background
Rent Deposit of 3-6 months (subject to references)
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility


Viewings & confidentiality


All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.


Disclaimer


The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Restaurant Property Sellers, W7 on +44 20 8033 3603 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Restaurant Property Sellers, and do not constitute property particulars. Please contact Restaurant Property Sellers 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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