Restaurants for sale

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Significant Modern European restaurant, North London

  • Leasehold Price: £45,000
  • Annual Turnover: £260,000
Seller Reference: 12369
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Business Description
 
 
 
 
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Seller Reference: 12369
Request Details
Business Description
Leasehold opportunity (Inside the Landlord & Tenant Act 1954)
10 Year Lease, which is renewable.
Rent of c. £34,000 per annum
Turnover c. £260,000 per annum
A3 & A5 Licensed
Significant potential to increase to bottom line figure – which on the books is currently showing a slight loss. (Significant adjustments to be made).
Superb Location, with excellent mainline train & bus links.
Significant ongoing development within the area, which will lead to a further increase in already substantial footfall.
Extremely well-established (Over 20 years) with a glowing online reputation.
Opportunity to increase events / functions, given the substantial size of the property.
Genuine Retirement Sale
Tenure:
Leasehold
Location Details:
North London Borough
Leasehold Term:
10 year lease, renewable
Listed by:
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