CAFE & BISTRO BUSINESS FOR SALE IN NORTH LONDON WITH CS0686

CAFE & BISTRO BUSINESS FOR SALE IN NORTH LONDON WITH CS0686

LOCATION:
BTC is pleased to present this Cafe & Bistro business opportunity in a prime location on Green Lanes, North London. This bustling area benefits from high foot traffic and strong visibility. Green Lanes, a major thoroughfare, is known for its diverse range of shops, restaurants, and services, with a steady stream of potential customers. The mix of residential and commercial spaces provides a vibrant area for retail businesses. The location is well-served by public transport, with convenient bus routes and nearby train stations, ensuring easy access for both customers and employees. This prime location offers an ideal environment for business growth and success.

Genuine retirement sale and other family commitments.

OVERVIEW:
Opportunity to acquire a well-positioned business in one of the most visible spots in the local area. The shop is well-maintained and fully operational, making it ready for a restaurant setup serving breakfast and lunch. The premises have 50 covers inside and 10 outside, The new owner can start the business immediately. The business has built a loyal customer base through their service and quality food, with excellent reviews. The shop features a fully equipped kitchen with modern appliances, two toilets, CCTV cameras, modern storage, and all essential tools for seamless operation. The current owner has invested approximately £180,000 in refurbishing the shop.

The setup is versatile, suitable for various food such as a chicken shop, pizza, or a venue for curries, burgers, and kebabs.

TURNOVER: £12,000 per week

POTENTIAL:
The business does not have their own website, So new owner have an opportunity for to create one, This could boost revenue by offering in-house delivery options. Additionally, Oncoming buyer can start adding new items into the menu to attract more customers.

RENT: £30,000 per annum

RATES: £3000 per annum

TENURE: Leasehold

SIZE: Total area approximately 1,050 sqft

TRADING HOURS: 7 days a week, 6:00 AM to 4:30 PM

ADDITIONAL POTENTIAL:
There is a huge potential to extend trading hours. Currently, only open till 4:30 PM, but extending these hours till 11:00 PM into the evening for dinner service can increase the sales even further.

PRICE: £205,000 plus SAV, including all fixtures and fittings.

For further information, please contact the BTC Commercial and Investment team at 0208 889 7474 or email commercial@btcint.com.