Property photos
Business
£120,000
(£120.00/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 guides for Southgate, Arnos Grove and Palmers Green to find out more about the local area.
Features and description
**Exceptional Restaurant Opportunity in Southgate - £120,000 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 £120,000, 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 £120,000, 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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