Cafe for Sale in Seven Sisters, London

  • Premium £75,000
  • £36,000/Annum
Seven Sisters, London, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Cafe for Sale in Seven Sisters, London

Seven Sisters, London, UK
  • Premium £75,000
  • £36,000/Annum

Description

Established Cafe for Sale in Seven Sisters, London

Step into the vibrant world of the cafe industry with this exciting opportunity to acquire a thriving cafe business located in the heart of Seven Sisters, Tottenham. Situated in a bustling neighborhood known for its diverse community and bustling atmosphere, this well-established cafe presents a turnkey operation with immense growth potential.

The cafe enjoys a prime location on a busy street in Seven Sisters, Tottenham. Surrounded by a mix of residential and commercial properties, the cafe benefits from high footfall, attracting both local residents and visitors to the area.


MAIN FEATURES

  • Circa 1699 Sq.
  • Large Frontage with Excellent Visibility
  • High Passing Trade Throughout the Day
  • Grant of New FRI Lease
  • Located on a Busy High Road

LANDLORD’S REQUIREMENTS

  • Rent deposit subject to references
  • Personal Guarantor subject references
  • Proof of funds
  • Accountant’s references
  • Trade references

LEASE DETAILS

  • Lease: Grant of 16 years FRI Lease (Inside the Act of 1954)
  • Rent: £36,000 PAX to be reviewed every 4 years
  • Premium: £75,000 (Business, Lease & FF&E)

THE PREMISES

  • Ground Floor: Circa 1699 Sq. Ft
  • Covers: Circa 60 Inside & 16 Outside
  • Opening Hours: 8:30am till 4pm
  • Premises Licence in Place
  • Permitted Hours: TBC

The cafe is fully equipped with high-quality commercial-grade kitchen equipment, fixtures, and furnishings, allowing for seamless operations and a smooth transition for new owners.


THE LOCATION

  • Seven Sisters Road, Tottenham N15
  • 3 Minutes Walk from Seven Sister Station

The cafe enjoys a prime location on a busy street in Seven Sisters, Tottenham. Surrounded by a mix of residential and commercial properties, the cafe benefits from high footfall, attracting both local residents and visitors to the area.


TRADING & FINANCIALS

  • Cafe Gross Sales Revenue: Circa £7,000/week (£364,000/year) (As per the vendor)

The cafe presents numerous avenues for growth and expansion. With the increasing demand for specialty coffee and artisanal food experiences, new owners can explore options such as extending operating hours, introducing a delivery service, hosting events, or expanding the menu to cater to a wider customer base.


VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

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.

Details

Updated on July 6, 2023 at 8:37 am
  • Price: Premium £75,000
  • Size: 1699
  • Covers: 70
  • Use: Cafe
  • Type: CAFES
  • Status: AVAILABLE

Overview

  • CAFES
  • Type
  • 1699

Contact Information

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