Cafe for Sale in Finsbury Park, North London

  • Leasehold £150,000
  • £18,030/Annum
Seven Sisters Road, London, UK

Description

Cafe for Sale Finsbury Park. Seven Sisters Road


Rent: £18,030 +VAT | Circa 892 Sq. Ft (Ground Floor & Basement) | Lease: Nov 2024 (Option of new lease)


MAIN FEATURES


LEASE DETAILS 

  • Lease Ending November 2024 (Option of New Lease)
  • Current Rent: £18,030 + VAT
  • Rent Review: 5 Yearly
  • Next Rent Review: November 2024
  • Premium: £150,000 + SAV (Lease & fixtures & fittings)

PREMISES

  • EPC Rating: C
  • Ground Floor Circa 495 Sq. Ft
  • Basement Circa 397 Sq. Ft
  • Covers: Circa 18-20
  • Extraction in place
  • Benefits from Premises Licence
  • Rateable Value: 12,000 (Eligible for 100% Business Rate Relief)
  • Permitted Hours: 7am till 11pm

THE LOCATION

  • Seven Sister Road, Finsbury Park N7
  • Finsbury Park Underground: 0.4 mile
  • Finsbury Park Travelodge: 0.3 mile
  • Immediate units by independent eateries and retailers

TRADING

  • Cafe and Retail
  • Turnover: Upon Request
  • Trading Hours: 7am till 4pm
  • Great reviews across various platforms
  • Staff: One owner and 2 staff

REASON FOR SALE

  • Break: Our client has owned this cafe business for nearly 8 years now and wants to take a break from the business.

LANDLORD’S REQUIREMENT

  • Preferably with Hospitality Background
  • Rent Deposit of 3-6 months (subject to references)
  • Bank, Trade & Accountant’s Reference required
  • Evidence of financial credibility

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.


DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

  • Address Seven Sister Road
  • City London
  • Post Code N7
  • Area Finsbury Park

Details

Updated on November 8, 2022 at 7:55 pm
  • Price: Leasehold £150,000
  • Size: 892 Sq. Ft
  • Covers: 18-20
  • Use: Restaurant
  • Type: CAFES
  • Status: AVAILABLE

Overview

  • CAFES
  • Type
  • 18-20
  • Covers
  • Restaurant
  • Use
  • 892
  • Sq. Ft

Contact Information

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