Property photos
Business
£130,000
(£165,000.00/sq. ft)
Restaurant for sale
Cannon Hill, London N141 sq. ft
Local area information
Property location
Nearby amenities
- St Monica's RC Primary School 0.2 miles
- Walker Primary School 0.2 miles
- Southgate 0.6 miles
- Palmers Green 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Winchmore Hill to find out more about the local area.
Features and description
**Exceptional Restaurant Opportunity in Southgate - £130,000 Premium**
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.
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.
More information
Listed by
Discover Residential - Commercial
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