Bistros for sale in Southgate

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 I love your website – you saved me so much time with my search. I've now bought a restaurant. 

Imran Ahmed (Nov 2014)
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Leasehold Price: £60,000 Price Reduced Annual Turnover: £96,200
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Business Description
LOCATION: Well Established coffee/sandwich shop located in a Parade of shops on Chaseside in Southgate, close to local shops, supermarkets (Asda, Tesco Express) and banks (Natwest, Halifax, Bank of Cyprus). Southgate Underground Station (Piccadilly Line Zone 4) is a short walk away with local bus services close to hand, meter parking with local side road free parking.

DESCRIPTION: This well known and established Coffee/Sandwich Bar business is for sale located in the heart of Southgate which has been trading for over 9 years. In our opinion the business offers a tremendous opportunity for a owner/operator to expand this already profitable business by further increasing the opening times and opening on a Sunday/ Bank holidays. Furthermore we feel that further expansion is applicable by promoting the catering side of the business which we feel there is a demand for because of the various offices and businesses located on the High St. Further benefits include regular custom as well as passing trade, Bi-Fold doors to the front as well as potential to have outside seating area

USES: A1

PREMIUM: £60,000 for the benefit of the lease, fixture & fittings

TERMS: By way of assignment approximately 4½ years remaining

RENTAL: £22,000 per annum

BUSINESS RATES: We have been advised by our client the current business rates payable are £7,000 per annum. However, all interested parties are encouraged to make their own enquiries with London Borough of Enfield.

OPENING TIMES: Monday - Friday 08.00 a.m to 17.00 p.m & Saturday 08.30 to 14.00 p.m

SIZE: Approximately 640 sq ft

TURNOVER: Current turnover in the region of £96,200 per annum & tremendous scope to increase turnover with longer hours and increase wholesale deliveries.

STAFF: Family run

LEGAL COST: Each party is to bear their own legal cost. Freeholders cost to be paid by in-coming tenant.

LOCAL AUTHORITY: Enfield

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 73 - C Rating. A copy of this property’s energy performance certificate can be viewed at www.london-properties.co.uk as a pdf file.

REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS: Through London Properties by appointment only
Trading Hours:


Monday - Friday 08.00 a.m to 17.00 p.m & Saturday 08.30 to 14.00 p.m


Number of Employees: Family Run

Tenure: Leasehold

Location Details:

Well Established coffee/sandwich shop located in a Parade of shops on Chaseside in Southgate, close to local shops, supermarkets (Asda, Tesco Express) and banks (Natwest, Halifax, Bank of Cyprus). Southgate Underground Station (Piccadilly Line Zone 4) is a short walk away with local bus services close to hand, meter parking with local side road free parking.

Leasehold Term:

By way of assignment approximately 4½ years remaining

Listed by: London Properties
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Chaseside
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