£275,000
(£127.74/sq. ft)
Restaurant for saleSilver Street, Enfield EN1
2,153 sq. ft
Business
About this property
Two residential flats above the restaurant, each with two bedrooms.
£44,400 annual rental income from the residential flats, subject to verification
£55,000 total annual rent for the premises.
Just £10,600 annual rent remaining after deducting the residential rental income
Approximately 200 m² of commercial space, with seating for up to 60 customers.
Fully refurbished restaurant and spacious commercial kitchen.
Professional catering equipment, digital menu screens, self-service kiosks.
24-hour licence, subject to the terms and conditions
A Valuable Combination of Residential Income and Commercial Potential
Enfield Restaurant Investment Opportunity – 2 Rental Flats, £44,400 Annual Residential Income
Exceptional Enfield Investment Opportunity – Restaurant with Two Rental Flats Above
A recently refurbished restaurant business with two residential rental flats, substantial investment in the premises and significant potential for future growth.
Located in Enfield, North London, this is an opportunity to acquire a restaurant premises with an additional residential income stream that substantially offsets the overall rent.
The business has been established for approximately one year, following a significant investment of around £480,000 in the venture. The restaurant is equipped and operational, offering an incoming owner the opportunity to take over an existing setup rather than start from scratch.
Key Investment Highlights
Two residential flats above the restaurant, each with two bedrooms.
£44,400 annual rental income from the residential flats, subject to verification of current tenancies and rental receipts.
£55,000 total annual rent for the premises.
Just £10,600 annual rent remaining after deducting the residential rental income - equivalent to approximately £883 per month, before other property and operating costs.
Approximately 200 m² of commercial space, with seating for up to 60 customers.
Fully refurbished restaurant and spacious commercial kitchen.
Large basement providing valuable additional storage.
Professional catering equipment, digital menu screens, self-service ordering kiosks and epos system included, subject to the sale inventory.
24-hour licence, subject to the terms and conditions of the existing authorisation.
Potential to develop the restaurant further under new ownership.
A Valuable Combination of Residential Income and Commercial Potential
One of the most attractive features of this opportunity is the rental income generated by the two residential flats above the restaurant.
The flats currently generate £44,400 per year against a total annual rent of £55,000. This leaves an effective rent difference of just £10,600 per year attributable to the commercial premises after residential rent is taken into account.
For an operator, this provides an opportunity to run a restaurant with a substantially offset rental commitment. For an investor, it offers a mixed-use opportunity combining residential rental income with an established commercial setup.
Please note that the remaining figure is calculated before business rates, utilities, repairs, insurance, service charges and other operating costs, where applicable.
Fully Refurbished and Equipped Restaurant
The restaurant benefits from a modern, well-presented interior, a large seating area and a spacious commercial kitchen.
The equipment includes digital signage screens, self-service ordering kiosks, an epos system, flat grill, chip fryer, King Edward potato ovens, combi oven, gas hob, walk-in fridge, chest freezer, juice machine fridge and a substantial toppings bar.
The premises also benefit from a large basement for storage.
The commercial space measures approximately 200 m² and can accommodate up to 60 seated customers, making it suitable for a range of food-service concepts, subject to the relevant permissions and lease conditions.
Location and Future Potential
Situated close to Enfield Council offices and surrounding businesses, shops and residential areas, the premises offer access to a mixture of daytime workers, local residents and visitors.
A new owner could explore opportunities to improve marketing, develop takeaway and delivery sales, strengthen local business relationships or introduce new operating strategies to build turnover.
The opportunity may suit an experienced restaurant operator, an owner-manager or a buyer looking for a mixed-use business opportunity with residential rental income.
Genuine Sale Opportunity
The current owners have invested approximately £480,000 into establishing and equipping the venture. The business is being offered for sale to allow a new owner to take it forward and realise its potential.
This is an opportunity to acquire a recently established, equipped restaurant operation with two residential rental flats above and a substantial amount of investment already made in the premises.
Asking price: £275,000
Further information on the business, rental arrangements, equipment and financial performance is available to serious, qualified buyers upon enquiry.
Viewing is highly recommended for buyers seeking a restaurant opportunity with an additional residential rental income stream.
Exceptional Enfield Investment Opportunity – Restaurant with Two Rental Flats Above
A recently refurbished restaurant business with two residential rental flats, substantial investment in the premises and significant potential for future growth.
Located in Enfield, North London, this is an opportunity to acquire a restaurant premises with an additional residential income stream that substantially offsets the overall rent.
The business has been established for approximately one year, following a significant investment of around £480,000 in the venture. The restaurant is equipped and operational, offering an incoming owner the opportunity to take over an existing setup rather than start from scratch.
Key Investment Highlights
Two residential flats above the restaurant, each with two bedrooms.
£44,400 annual rental income from the residential flats, subject to verification of current tenancies and rental receipts.
£55,000 total annual rent for the premises.
Just £10,600 annual rent remaining after deducting the residential rental income - equivalent to approximately £883 per month, before other property and operating costs.
Approximately 200 m² of commercial space, with seating for up to 60 customers.
Fully refurbished restaurant and spacious commercial kitchen.
Large basement providing valuable additional storage.
Professional catering equipment, digital menu screens, self-service ordering kiosks and epos system included, subject to the sale inventory.
24-hour licence, subject to the terms and conditions of the existing authorisation.
Potential to develop the restaurant further under new ownership.
A Valuable Combination of Residential Income and Commercial Potential
One of the most attractive features of this opportunity is the rental income generated by the two residential flats above the restaurant.
The flats currently generate £44,400 per year against a total annual rent of £55,000. This leaves an effective rent difference of just £10,600 per year attributable to the commercial premises after residential rent is taken into account.
For an operator, this provides an opportunity to run a restaurant with a substantially offset rental commitment. For an investor, it offers a mixed-use opportunity combining residential rental income with an established commercial setup.
Please note that the remaining figure is calculated before business rates, utilities, repairs, insurance, service charges and other operating costs, where applicable.
Fully Refurbished and Equipped Restaurant
The restaurant benefits from a modern, well-presented interior, a large seating area and a spacious commercial kitchen.
The equipment includes digital signage screens, self-service ordering kiosks, an epos system, flat grill, chip fryer, King Edward potato ovens, combi oven, gas hob, walk-in fridge, chest freezer, juice machine fridge and a substantial toppings bar.
The premises also benefit from a large basement for storage.
The commercial space measures approximately 200 m² and can accommodate up to 60 seated customers, making it suitable for a range of food-service concepts, subject to the relevant permissions and lease conditions.
Location and Future Potential
Situated close to Enfield Council offices and surrounding businesses, shops and residential areas, the premises offer access to a mixture of daytime workers, local residents and visitors.
A new owner could explore opportunities to improve marketing, develop takeaway and delivery sales, strengthen local business relationships or introduce new operating strategies to build turnover.
The opportunity may suit an experienced restaurant operator, an owner-manager or a buyer looking for a mixed-use business opportunity with residential rental income.
Genuine Sale Opportunity
The current owners have invested approximately £480,000 into establishing and equipping the venture. The business is being offered for sale to allow a new owner to take it forward and realise its potential.
This is an opportunity to acquire a recently established, equipped restaurant operation with two residential rental flats above and a substantial amount of investment already made in the premises.
Asking price: £275,000
Further information on the business, rental arrangements, equipment and financial performance is available to serious, qualified buyers upon enquiry.
Viewing is highly recommended for buyers seeking a restaurant opportunity with an additional residential rental income stream.
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