Cafe for Sale in Holloway Road, North London
Rent: £21,000 PAX | Circa 753 Sq. Ft | Lease: Ending November 2027
MAIN FEATURES
- Reduced for a quick sale
- Prominent Location in North London
- Outdoor Space for Circa 15 covers
- Benefits for Gas Connection & Extraction
- Premises Licence in Place
LEASE DETAILS
- Lease Ending November 2027
- Rent: £21,000 PAX
- Rent Review Term: Every 5 years
- Next Rent Review: November 2027
- Premium: £75,000 (Goodwill, Lease & fixtures & fittings)
PREMISES
- EPC Rating: D
- Ground Floor: Circa 753 Sq. Ft
- Covers: Inside 20 | Outdoor: 15
- Extraction & Gas Connection in Place
- Rateable Value: £13,750 (Eligible for Business Rate Relief)
- Payable Business Rates: Circa £6,800 per annum
- Benefits from Premises Licence
- Licensing Hours: 11am to 11pm
THE LOCATION
- Holloway Road, N19
- Upper Holloway Station: 0.1 mile
- Archway Station: 0.3 mile
- Very Close to Whittington Park
TRADING
- Turnover: Circa £4,500/week (£234,000/year) as per the seller
- Current Trading Hours: 7:30am till 5:30pm | Mon & Tue Closed
- Deliveroo & UberEats
REASON FOR SALE
LANDLORD’S REQUIREMENT
- Proof of asset in the UK
- 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.