Cafe for Sale

 Holloway , N7
Asking Price £85,000

Property Information

  • Reference number GLENMOREEST4_GLEH001390-glenmore-NEW_1605698268
  • Property Type Restaurant
  • Furnishing Furnished
  • Tenure Leasehold
  • Current Occupant Vendor

Location

Holloway , N7

Features

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

Property 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  https://youtu.be/eJebXYseZOw

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. 



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