Restaurant for Sale in Enfield – Newly Fitted, Circa 1550 Sq. Ft with 50 Covers

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MAIN FEATURES

• Newly Fitted Kitchen with Premium Equipment
• Circa 1550 Sq. Ft with 50 Covers
• Kitchen in the basement
• Food lift in place
• Benefits From 3 Phase Electricity
• Gas and Extraction in Place

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LANDLORD’S REQUIREMENTS

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

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LEASE DETAILS

• Lease: Ending Sept 2039 (Inside the Act of 1954)
• Passing Rent: £20,400 PAX
• Rent Review : Every 4 years
• Next Rent Review : Sept 2024
• Tenant only break Clause Available
• Premium: £250,000 (Business, Lease & FF&E)

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THE PREMISES

• Circa 1550 Sq. Ft with 50 Covers
• Fully Fitted Kitchen in the basement
• Food Lift in place
• Cold Room and Ample Storage Space Available
• Opening Hours: 8:00 to 4pm (Thu – Wed 9am – 4pm & Tue Closed)
• Business Rates: Circa £8,607 (Rateable Value: 17,250)
• Benefits From 3 Phase Electricity
• Gas and Extraction in Place
  

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THE LOCATION

• Enfield, London
• 1 mile to Enfield Museum
• Immediate units are occupied by Independent and National Retailers

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TRADING & FINANCIALS

• Trading as Restaurant and Cafe
• Gross Sales Revenue: Circa £4,500/weekly (£240,000/year) (As per the vendor)

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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.

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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.