Restaurant & Cafe for Sale in Crouch End, North London
MAIN FEATURES
Circa 28 Covers Restaurant
Busy Location and High Passing Trade
Fully Fitted Commercial Kitchen
Gas & Extraction in Place
On & Off Licence in Place
LANDLORD’S REQUIREMENTS
Personal Guarantor Required (Subject to references)
6 Months Rent Deposit Subject to References
Accountant’s references
Trade references
LEASE DETAILS
Lease: Ending Mar 2032 (Inside the Act of 1954)
Rent: £34,000 PAX
Rent Review: Every 5 Years
Next Rent Review: Feb 2027
Premium: £59,000 (Business, Lease & FF&E) + SAV
THE PREMISES
Circa 800 sq. ft
Circa 28 Covers
Payable Business Rates: Circa £11,726/annum (Rateable Value: £23,500)
Fully Fitted Commercial Kitchen
Gas & Extraction in Place
On & Off Licence in Place
THE BUSINESS
Gross Revenue: We have been informed that the business generates gross revenue of circa £156,000 per annum (£3,000/week).
Trading as Restaurant & Cafe
THE LOCATION
Crouch End, N8
Several independent cafes & restaurants Nearby
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.
