North London Italian Restaurant for Sale - Prime Location, Established Business
Undisclosed, London
- Status
FOR SALE
- Date Submitted:
13/01/24
- Advert ID
604988
- Leasehold: £150,000
- Rent: £40,000
- Turnover: £400,000 (£7,692 Per week)
- Net Profit: On request
Key Features
- Price Reduced
- New Lease
- Unique Business
- Ideal for Full Refurbishment
- Fully Fitted
- Offers Invited
- Established Business
- Attractive Business
- Prime Location
- Retirement Sale
- Potential for Alternative Use
Business Details
Italian restaurant in North London Price Reduced
Established Italian restaurant for sale, prime location in North London
Asking price: £150K (Offers invited, negotiable) Location: North london
Rent: £40000 P/A
Lease: 18 years open
Est: 10 years
Turnover: Available on request
An excellent opportunity to own this established spacious busy 80 seater restaurant in North London. At present trading as a well established successful italian restaurant.
This business has a lot of potential and further scope to do more business via opening for longer hours and marketing etc.
Tremendous potential for further increase in the right hands. Ideal for other cuisines. This restaurant has a premises license to sell alcohol.
Price includes all equipments, fixtures and fittings. Business includes all the necessary things to run a restaurant.
The current owners are offering this opportunity to the market due to other commitments . Full details of which will be discussed upon inspection. Available immediately. Viewing highly recommended. No time wasters. Genuine buyers only. Request details to see additional information. Viewing Strictly by appointment.
Email: (available on request) for further information.
Listing Statistics
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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