Guide price
£110,000
(£60.11/sq. ft)
Restaurant for sale9 Turnpike Parade, London N15
1,830 sq. ft
About this property
Prime trading position directly adjacent to Turnpike Lane Underground Station.
Exceptional pedestrian footfall with excellent visibility.
Approximately 170 m2 (1,830 sq ft) arranged over two floors.
Spacious 90 m2 ground floor retail area with 80 m2 first floor.
New 5-year lease available to the incoming tenant.
Rent of £38,500 per annum.
Three-phase electricity supply suitable for commercial food production.
Well-established and successful takeaway bakery with an existing customer base.
Suitable for a range of food and beverage concepts (subject to any necessary consents).
Excellent transport links with immediate access to the Underground and main bus interchange.
Rent: £38,500 per annum
Business Rates: Approximately £647 per calendar month
Lease: New 5-year lease available to the incoming tenant
An exceptional opportunity to acquire a well-established and profitable bakery business, occupying a prominent corner position immediately adjacent to Turnpike Lane Underground Station (Piccadilly Line) and the area's principal bus interchange. This prime trading location enjoys exceptionally high volumes of pedestrian traffic throughout the day and provides outstanding visibility, making it one of the most sought-after retail positions in the locality.
The premises extend to approximately 170 m² (1,830 sq ft) over two floors, comprising a bright and spacious 90 m² (969 sq ft) ground floor retail area with an attractive customer-facing frontage, together with an 80 m² (861 sq ft) first floor, currently utilised for production, preparation and storage, offering flexibility for a variety of operational requirements.
The property is fitted with a three-phase electricity supply, providing the infrastructure required for commercial bakery production and other intensive food preparation operations.
The business has built a strong reputation within the local community and benefits from a loyal customer base, excellent passing trade and consistent turnover. There is significant scope to increase revenue through extended opening hours, online ordering and delivery platforms, catering services or by expanding the existing product range.
The premises would also be suitable for a variety of alternative food and beverage operators, subject to any necessary consents, including cafés, coffee shops, dessert concepts, sandwich bars, delicatessens, takeaway establishments and other hospitality uses.
Located within a thriving retail parade and surrounded by national retailers, independent businesses, residential developments and excellent public transport links, this represents a rare opportunity to acquire a successful business in one of North London's busiest commercial locations.
Early viewing is highly recommended.
Mortgage calculator
£550 per month
70+ lenders and 10,000+ products
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}