Restaurant/cafe for sale in London, England, United Kingdom N16
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Property description
Business
Please quote reference B07446
CoGoGo are delighted to welcome to the market Naidu, a highly rated and well established cafe business in Newington Green, London.
The businesss opportunity was originally established in 2018, before our client took over in June 2023 and rebranded it to Naidu.
The business has now come to the open market due to other circumstances.
The business isn't currently open, and therefore is being sold as an asset sale.
Key selling points -
- Excellent location
- Modern and bespoke décor
- Secured 10 year lease
- Would suit a partnership or family run business
Scope to improve -
- Re-opening
- Embark on modern marketing campaigns and local deliveries
Location
The business occupies a highly desired trading position along Green Lanes, Newington Green
The busy parade of shops provides an abundance of footfall.
There is ample parking within the proximity along with pay and display car parking facilities.
Premises
The premises were renovated in 2018 with bespoke décor and lighting.
Upon entrance is the main service area with customer WC.
At the rear of the premises is the fully equipped commercial kitchen and storage area.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £20,000 per annum.
Hours
N/A as the business isn't currently trading.
Staff
N/A
Financial Profile
Asset sale. Further information can be made available.
For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales 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.