Restaurant for sale

Holloway Road, London N7


£85,000
S.O.A.

Features

  • 17 years renewable lease remaining
  • Adviced size 500 sq. Ft.
  • Adviced weekly turnover of £3,600
  • Business rate of £3,000 pa
  • Leasehold
  • Nearby occupiers include Costa & Sainsbury's
  • One minute walk from Holloway Road station
  • Opening times: Monday to Sunday 7am-5:30pm
  • Price of £85,000
  • Rent of £15,000 pa
  • Surrounds busy shopping parade

Description

A vibrant acclaimed cafe for sale in a busy shopping parade with very high footfalls.

Nearby popular university and student residence provide good clientale.

Has excellent reviews. See YouTube video

Newly refurbished just over two years ago.

Lease term is 17 years remaining with a break clause in tenant favour after another 7 years.

We are advised the sales net of vat are 155,000 pa.

We are advised he rent is 15,000 pa.

We are advised rates are approx 3,000pa.

Two years full accounts and current year's 7 months accounts are available to view for validated clients who are interested in the business.

Categories

Restaurants
Call
Property reference
CP_272CF79D30_44