Restaurant/cafe to let in Finchley Road, London NW11

Business for sale!

Davidson Gold are proud to market this gorgeously decorated and highly rated café on the Finchley Road, London. The café provides an exciting opportunity for someone to expand and grow an already popular business.

The premises comprises of a dining area with currently seating for 26 + customers, a central bar and coffee preparation area, well equipped modern kitchen, storage area and separate male and female toilets. Additionally there is seating to the front of the café.

We love this premises due to its bright, modern and stunningly decorated look. Tastefully decorated, the walls have floral designs, the ceiling with hanging floral designs, there is a beautiful chandelier and a large wall mounted screen showing the tasty menu. All full refurb was carried out in 2020. Upon entering the café you notice the luxury feel of the premises.

The café has built a strong following on social media and received very high reviews. There is high number for returning customers due to its popular menu. They also benefit from a large number of takeaway bookings and party bookings.

For the business a premium of £60,000.00 is sought which we feel is very reasonable for the business.

Currently open for breakfast and lunches, we have been advised by the owner that the annual turnover in the region of £260,000.00 per year. This however we feel can be greatly increased by the introduction of longer opening hours, adding dinners or expanding the range of products sold. The decoration would make it ideal for adding bubble tea or ice creams for example.

The sale of the business will include all of the stock, the electrical equipment including wall mounted tv, a very modern photo coffee printing machine, all kitchen goods and all of the furniture. Additionally you will be able to take over the social media, ensuring a smooth transition and the ability to continue trading from day one.

We are advised from the owner that the lease remaining is 5 years, on a secure lease. The rent is £22,000 per annum and current business rates are £220 per month. The current Hygiene rating is 5 stars.

Please call or email for a highly recommended viewing.

Davidson Gold are members of Client Money Protect, Membership number: CMP004696.
Davidson Gold are members of The Property Ombudsman redress scheme