Restaurant/cafe for sale in Bowes Road, London N11
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Property description
Development or investment potential for sale mix use commercial / residential block with shop downstairs.
For sale running takeaway shop with 9 rooms upstairs, N11 area.
Take away restaurant. Making £5k per week income.
Established running business for over 15 years running.
Rental units above the shop:
9 rooms (5 double 4 single)
2 bathrooms
2 kitchen
3 floors
Currently generating good income, with potential to generate higher rent.
Open lease 15-20 years renewable
Current rent £32k per annum (£40k for new lease)
Business rate £5- 6k per annum.
Restaurant can be run by existing chef / staff after the purchase.
Great exit strategies available for a new buyer.
Great investment potential / ROI/ Turn key business with rental properties
Note, address and pictures for this advert are approximate to protect confidentiality.
Viewing highly recommended .
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
UK BC, N12 on +44 20 3641 9971 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by UK BC, and do not constitute property particulars. Please contact UK BC 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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