Restaurant/cafe for sale in Southgate, London N14

Fish & Chip Takeaway Shop for Sale in Southgate.

Main features

quick sale

Large front of circa 18 ft
Fully Fitted Restaurant & Takeaway
Premises Licence
Circa 1182 Sq. Ft
Busy Location in Southgate

Lease details

Ending in July 2029 (Inside the lta 1954)
Current Rent: £26,530 pax
Rent Review: Every year capped at 2%
Rent on July 2029: £30,475 pax
Premium: £50,000 (Business, lease and fixtures & fittings)

Premises

Total Area Circa 1182 Sq. Ft
Rateable Value: £22,250 (Payable: Circa £11,000/year)
Payable this year:£2,775.69
Total covers circa 20-30
2 pan Fish & Chip frying range
Spacious storage area (no cold room but space available)

Large front of circa 18 ft with two entrance doors, this fish & chip shop for sale in North London is well maintained with circa 20-30 covers, high ceiling, modern decor, fish and chip frying range.

The location

Southgate, N14
Several Retail Shops & Eateries nearby
Busy Location
Southgate known for its diverse community and thriving local economy, with plenty of shops, restaurants, and other small businesses operating in the area. As a location for a fish and chip business, Southgate offers a great opportunity to tap into a vibrant local market and attract customers from nearby residential areas, as well as visitors to the area.

Trading

Weekly Gross Sales: Circa £4,500 (£234,000/year)
UberEATS, Deliveroo & JustEat
Trading over 25 years as Fish & Chip shop

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.