Great Deal: Restaurant for sale
from £220,000 to
now £160,000 for a quick sale.
(PRIME LOCATION RESTAURANT)
(Price Reduction)!!! Hurry up
An excellent opportunity for anyone interested in purchasing an established Italian restaurant in Finchley Central, North London, very close to Finchley Central Station.
We own a 15-year lease which was recently signed.
A fully established, regular and serious clientele with a strong family customer base.
Fully reinvested and refurbished.
Approximately £100,000 was invested in fittings just 8 months ago, with a capacity for approximately 60 customers.
The outdoor seating area is 40 m2/sqm with spacious and attractive premises in a great location.
The restaurant is ready for someone serious looking to take over or enter into a business partnership.
Serious enquiries only.
Good opportunity for a family-run business!!
It is important to note that I am reluctantly selling this business due to personal reasons, including the demands of managing long hours while raising young children. Selling is a difficult decision, as I see this as a valuable long-term investment opportunity. The new owner will benefit from comprehensive CCTV security, central heating, and well-maintained facilities, all contributing to higher profit margins and further growth potential.
To truly appreciate the offerings of this restaurant, I encourage interested parties to schedule a viewing. Please don’t hesitate to reach out for more information.
- Asking Price:
- On request
- Turnover:
- On request
- Net Profit:
- On request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
15 years lease
- Leasehold Rent:
-
£33 per annum
- Lease Rent:
- £13 per sq ft per annum
- Living Accommodation:
-
no
- Location:
-
Finchley Central near the Station
- Premises Details:
-
We have a 40 sqm in front of the shop.
- Size in square feet:
- 140 SQM
- Planning Consent:
-
We got a licence for food and alcohol
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
no
- Competition / Market:
-
no Italian Restaurant
- Reasons for selling:
-
Long hours and family reasons, as I have a new family with children and need more time to look after them.
- Trading hours:
-
11:30am to 10:30pm
- Employees:
- 2
- Years established:
- 2025
Other Information
- Support & training:
-
yes
- Financing available:
-
cash bank
- Furniture / Fixtures value:
- £100,000
- Inventory / Stock value:
- £45,000
- Home based:
- This business can be run from home
- Distressed:
- This business is in pre-appointment
