Restaurant/cafe for sale
Cannon Hill, London N14
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Property description
Step into a thriving culinary legacy in the heart of Southgate with this remarkable restaurant, a staple of the community for over half a century. Priced at a premium of £130,000, this is a not-to-be-missed chance for the discerning restaurateur.
**Key Highlights:**
- **Long-Standing Reputation:** Established for 54 years, with 14 years under the current successful management, this restaurant has a rich history and a loyal customer base.
- **Consistent Revenue:** Boasting an impressive weekly takings of £10,000, the business showcases a robust and profitable operation.
- **Strategic Financials:** Positioned with a manageable annual rent of £24,000 and business rates of £2,200, the financials are structured for sustainable success.
- **Operational Excellence:** Operating 7 days a week, the restaurant has maximized its service potential, catering to a steady stream of patrons.
- **Location Advantage:** Situated in the bustling and vibrant Southgate area, the location ensures a constant flow of foot traffic and regular clientele.
This is an unparalleled opportunity to own a piece of Southgate's culinary heritage. With a strong financial track record, established customer base, and an enviable location, this restaurant promises not just a business, but a lifestyle for the passionate restaurateur.
Don't miss out on this chance to continue a legacy and create your own chapter in Southgate's rich dining story. Contact us now to arrange a viewing and take the first step towards owning this jewel in the crown of Southgate's dining scene.
* Sizes listed are approximations. Please contact the agent to verify actual sizes.
For more information about this property, please contact
Discover Residential - Commercial, IG10 on +44 20 3463 7545 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Discover Residential - Commercial, and do not constitute property particulars. Please contact Discover Residential - Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.