Offers over
£150,000
(£188.32/sq. ft)
Restaurant for saleSt. Ann's Road, London N15
797 sq. ft
Just added
Business
About this property
Established Café Business for Sale – N15
An excellent opportunity to acquire a well-established and profitable café business in a busy North London location.
The business is currently trading successfully and benefits from strong and consistent turnover, with reported daily revenue in the region of £1,000–£1,500 and net monthly profits of approximately £7,000 after costs and taxes.
The premises are well presented and fully fitted for café use, making this an attractive opportunity for an experienced operator, investor or entrepreneur seeking to acquire an established business with proven trading performance.
Key Features
* Established and profitable café business
* Goodwill / premium: £150,000
* Current rent: Approximately £22,000 per annum
* Long lease in place until 2040
* Rent reviews every 4 years
* Class E commercial use
* Fully fitted and equipped premises
* Reported daily turnover of approximately £1,000–£1,500
* Reported net monthly profit of approximately £7,000
* Ground-floor commercial unit
* Established local customer base
* Strong residential catchment area
* Suitable for an experienced operator or investor
* Assignment subject to landlord’s consent
Premium
£150,000 for the goodwill, fixtures, fittings and benefit of the existing business and lease.
Location
The premises are situated in the N15 area of North London, within an established residential and commercial neighbourhood benefiting from regular local footfall and passing trade.
Tenure
The business is offered by way of assignment of the existing lease, which runs until 2040.
Current rent is approximately £22,000 per annum, with rent reviews every four years.
Business Information
The business currently reports:
* Daily turnover: Approximately £1,000–£1,500
* Net profit: Approximately £7,000 per month
Further financial information may be made available to serious applicants upon request and subject to appropriate confidentiality.
Viewing
Strictly by appointment only.
Interested parties are advised to make their own enquiries and satisfy themselves as to the accuracy of all financial, planning and lease information prior to proceeding.
An excellent opportunity to acquire a well-established and profitable café business in a busy North London location.
The business is currently trading successfully and benefits from strong and consistent turnover, with reported daily revenue in the region of £1,000–£1,500 and net monthly profits of approximately £7,000 after costs and taxes.
The premises are well presented and fully fitted for café use, making this an attractive opportunity for an experienced operator, investor or entrepreneur seeking to acquire an established business with proven trading performance.
Key Features
* Established and profitable café business
* Goodwill / premium: £150,000
* Current rent: Approximately £22,000 per annum
* Long lease in place until 2040
* Rent reviews every 4 years
* Class E commercial use
* Fully fitted and equipped premises
* Reported daily turnover of approximately £1,000–£1,500
* Reported net monthly profit of approximately £7,000
* Ground-floor commercial unit
* Established local customer base
* Strong residential catchment area
* Suitable for an experienced operator or investor
* Assignment subject to landlord’s consent
Premium
£150,000 for the goodwill, fixtures, fittings and benefit of the existing business and lease.
Location
The premises are situated in the N15 area of North London, within an established residential and commercial neighbourhood benefiting from regular local footfall and passing trade.
Tenure
The business is offered by way of assignment of the existing lease, which runs until 2040.
Current rent is approximately £22,000 per annum, with rent reviews every four years.
Business Information
The business currently reports:
* Daily turnover: Approximately £1,000–£1,500
* Net profit: Approximately £7,000 per month
Further financial information may be made available to serious applicants upon request and subject to appropriate confidentiality.
Viewing
Strictly by appointment only.
Interested parties are advised to make their own enquiries and satisfy themselves as to the accuracy of all financial, planning and lease information prior to proceeding.
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Monthly repayment
£750 per month
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