Search
×
×
Additional Filters
Added
Anytime
  • Anytime
  • Last 14-days
  • Last month
  • Last 3 months
  • Last 6 months
Price
No min
  • No min
  • 5,000
  • 10,000
  • 15,000
  • 20,000
  • 25,000
  • 30,000
  • 35,000
  • 40,000
  • 45,000
  • 50,000
  • 55,000
  • 60,000
  • 65,000
  • 70,000
  • 75,000
  • 80,000
  • 85,000
  • 90,000
  • 95,000
  • 100,000
  • 125,000
  • 150,000
  • 200,000
  • 250,000
  • 300,000
  • 350,000
  • 400,000
  • 450,000
  • 500,000
  • 550,000
  • 600,000
  • 650,000
  • 700,000
  • 750,000
  • 800,000
  • 900,000
  • 1,000,000
  • 1,500,000
  • 2,000,000
  • 3,000,000
No max
  • No max
  • 5,000
  • 10,000
  • 15,000
  • 20,000
  • 25,000
  • 30,000
  • 35,000
  • 40,000
  • 45,000
  • 50,000
  • 55,000
  • 60,000
  • 65,000
  • 70,000
  • 75,000
  • 80,000
  • 85,000
  • 90,000
  • 95,000
  • 100,000
  • 125,000
  • 150,000
  • 200,000
  • 250,000
  • 300,000
  • 350,000
  • 400,000
  • 450,000
  • 500,000
  • 550,000
  • 600,000
  • 650,000
  • 700,000
  • 750,000
  • 800,000
  • 900,000
  • 1,000,000
  • 1,500,000
  • 2,000,000
  • 3,000,000
Additional Filters
Back to listings Save

Prime Location! Newly Fitted 1550 Sq. Ft Restaurant with 50 Covers & Food Lift in Enfield For Sale

Enfield, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    12/04/24

  • Advert ID

    609692

  • Reference

    ENFIELD_RESTAURANT / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £160,000 (Stock at valuation)
  • Rent: £20,400
  • Turnover: £240,000 (ÂŁ4,615 Per week)
  • Net Profit: Not Applicable

Key Features

  • Price Reduced
  • Potential for Alternative Use
  • Fully Fitted
  • Offers Invited

Business Details

Newly Fitted Restaurant for Sale in Enfield – Circa 1550 Sq. Ft of 50 Covers & Food Lift

Restaurant for Sale in Enfield – Newly Fitted, Circa 1550 Sq. Ft with 50 Covers

MAIN FEATURES

  • Newly Fitted Kitchen with Premium Equipment
  • Circa 1550 Sq. Ft with 50 Covers
  • Kitchen in the basement
  • Food lift in place
  • Benefits From 3 Phase Electricity
  • Gas and Extraction in Place

LANDLORD’S REQUIREMENTS

  • Rent deposit subject to references
  • Personal Guarantor subject references
  • Proof of funds
  • Accountant’s references
  • Trade references

LEASE DETAILS

  • Lease: Ending Sept 2039 (Inside the Act of 1954)
  • Passing Rent: ÂŁ20,400 PAX
  • Rent Review : Every 4 years
  • Next Rent Review : Sept 2024
  • Tenant only break Clause Available
  • Premium: ÂŁ160,000 (Business, Lease & FF&E)

THE PREMISES

  • Circa 1550 Sq. Ft with 50 Covers
  • Fully Fitted Kitchen in the basement
  • Food Lift in place
  • Cold Room and Ample Storage Space Available
  • Opening Hours: 8:00 to 4pm (Thu – Wed 9am – 4pm & Tue Closed)
  • Business Rates: Circa ÂŁ8,607 (Rateable Value: 17,250)
  • Benefits From 3 Phase Electricity
  • Gas and Extraction in Place

THE LOCATION

  • Enfield, London
  • 1 mile to Enfield Museum
  • Immediate units are occupied by Independent and National Retailers

TRADING & FINANCIALS

  • Trading as Restaurant and Cafe
  • Gross Sales Revenue: Circa ÂŁ4,500/weekly (ÂŁ240,000/year) (As per the vendor)

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

Stay Safe

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

Do not 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 amount of funds. Maybe even try transferring ÂŁ1, 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.

0 of 0

Contact seller

Loading...

Stay Safe

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 ÂŁ1, 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.

0 of 0

Related Tags:

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'Newly Fitted Restaurant for Sale in Enfield – Circa 1550 Sq. Ft of 50 Covers & Food Lift - ENFIELD_RESTAURANT / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.