Restaurant/cafe for sale in High Street, London N8
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Property description
This is an exceptional opportunity to acquire a well-established business with a robust rental income and significant growth potential. The business, currently generating a weekly turnover of £5,000 to £6,000, experiences peak turnover during the summer months, reaching up to £10,000. With a newly launched Uber Eats service bringing in an additional £100 to £200 daily, this venture is set for further growth.
Key Features:
- Annual Rate After Relief: £1,800 per annum
- Current Weekly Turnover: £5,000 - £6,000, peaking at £8,000 - £10,000 during summer months
- Uber Eats Integration: Adding £100 - £200 daily, enhancing revenue potential
- Seating Capacity: Comfortable seating for 8 patrons
- Lease Details: 16-year lease remaining, with an expiry date of 2031
- Location: Situated near 3 local schools, ensuring a steady stream of customers throughout the day
- Staffing: Two well-trained staff members already in place, ensuring a smooth operation
This business benefits from a lucrative location with high foot traffic, particularly from local families and school run traffic. The established customer base, combined with the effective use of delivery services such as Uber Eats, presents a unique opportunity for a new owner to build on existing success.
Market Presentation:
This listing is ideal for aspiring entrepreneurs or seasoned operators looking to expand their portfolio. The combination of a long lease, family-friendly location, and the ability to maximize earnings through delivery services makes this a compelling investment opportunity.
For inquiries or to schedule a viewing, please contact us today!
For more information about this property, please contact
Nila Estates, HA2 on +44 20 3641 9080 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nila Estates, and do not constitute property particulars. Please contact Nila Estates 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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