Restaurant/cafe for sale in Tollington Park, London N4

£60,000 (£60,000/sq. ft)
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Restaurant/cafe for sale

1 sq. ft*

Property features

  • Tradition Fish & Chips
  • 2 Bed Flat
  • 20 Year Lease
  • Rent Fixed for 8 Years
  • Fixed Utility Bills
  • Residential Area
  • Excellent Transport Links

Property description

Varosi Lettings are please to offer the Tollingtons Fish Bar and 2 bedroom flat lease for sale. This is available for a quick sale and has a premium of £60k or very close offers, this fee is negotiable. This business comes with a newly agreed lease for the next 20 years at a very competitive rate and offers fixed rates for gas and electric. The lease for both the shop and the flat is £40k per annum. The rent is fixed for the next 8 years with the next rent review taking place then.
The shop itself offers a Sussex three tier pan with a double display cabinet, there is also facilitation for a Rotisserie machine and a charcoal grill for Kebabs.
The restaurant itself offers 16 covers along with both male and female toilets.
The flat at this current time is rented out and generates an income of £1300pcm. The property consists of 2 bedrooms, sperate living spaces, Kitchen and Bathroom.
The business itself has a very modest turnover and currently is going thought 30-35 bags of potatoes a week, during the winter/cooler months this increases to between 45-50 bags of potatoes per week. This is a very establish business with a google rating of 4.3 out of 5 for the quality of the food and the service. The current opening hours are Monday -Saturday 12pm-9pm except for Friday night where the closing time is 10pm.
The location of this business is very exciting this is surrounded by many local businesses for a very good lunchtime trade and is very central to a large residential population and is the only restaurant/take away on this parade. There is also the added bonus of Arsenal football club being close by meaning lost of passing trade on match days and also Finsbury Park itself which has major events including concert and festivals like wireless yearly.
Finsbury park tube station is within a 5 minutes walk and offers excellent transport links not only by London underground, London Busses but also with overground links. The property is close to local amenities and schools and the famous Finsbury Park itself.

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

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For more information about this property, please contact
Varosi Lettings & Estates Ltd, N4 on +44 20 3463 2630 * (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 Varosi Lettings & Estates Ltd, and do not constitute property particulars. Please contact Varosi Lettings & Estates Ltd 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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