Property photos
Business
£39,999
Restaurant for sale
London, England, United Kingdom N16Local area information
Property location
Nearby amenities
- Highbury Quadrant Primary School 0.1 miles
- Grasmere Primary School 0.2 miles
- Canonbury 0.4 miles
- Dalston Kingsland 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Stoke Newington to find out more about the local area.
Features and description
Business
Please quote reference B07446
CoGoGo are delighted to welcome to the market Naidu, a highly rated and well established cafe business in Newington Green, London.
The businesss opportunity was originally established in 2018, before our client took over in June 2023 and rebranded it to Naidu.
The business has now come to the open market due to other circumstances.
The business isn't currently open, and therefore is being sold as an asset sale.
Key selling points -
Scope to improve -
Location
The business occupies a highly desired trading position along Green Lanes, Newington Green
The busy parade of shops provides an abundance of footfall.
There is ample parking within the proximity along with pay and display car parking facilities.
Premises
The premises were renovated in 2018 with bespoke décor and lighting.
Upon entrance is the main service area with customer WC.
At the rear of the premises is the fully equipped commercial kitchen and storage area.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £20,000 per annum.
Hours
N/A as the business isn't currently trading.
Staff
N/A
Financial Profile
Asset sale. Further information can be made available.
Please quote reference B07446
CoGoGo are delighted to welcome to the market Naidu, a highly rated and well established cafe business in Newington Green, London.
The businesss opportunity was originally established in 2018, before our client took over in June 2023 and rebranded it to Naidu.
The business has now come to the open market due to other circumstances.
The business isn't currently open, and therefore is being sold as an asset sale.
Key selling points -
- Excellent location
- Modern and bespoke décor
- Secured 10 year lease
- Would suit a partnership or family run business
Scope to improve -
- Re-opening
- Embark on modern marketing campaigns and local deliveries
Location
The business occupies a highly desired trading position along Green Lanes, Newington Green
The busy parade of shops provides an abundance of footfall.
There is ample parking within the proximity along with pay and display car parking facilities.
Premises
The premises were renovated in 2018 with bespoke décor and lighting.
Upon entrance is the main service area with customer WC.
At the rear of the premises is the fully equipped commercial kitchen and storage area.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £20,000 per annum.
Hours
N/A as the business isn't currently trading.
Staff
N/A
Financial Profile
Asset sale. Further information can be made available.
More information
Listed by
Hilton Smythe Business Sales
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