Restaurant for sale
Property description & features
*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.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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