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Hornsey N8 Tapas Bar & Live Music Venue for Sale, Near Alexander Palace & Transport Links

Hornsey, London
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Tapas Bar with Live Music for sale in Hornsey N8 Photo 1
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Tapas Bar with Live Music for sale in Hornsey N8Tapas Bar with Live Music for sale in Hornsey N8Tapas Bar with Live Music for sale in Hornsey N8Tapas Bar with Live Music for sale in Hornsey N8Tapas Bar with Live Music for sale in Hornsey N8Tapas Bar with Live Music for sale in Hornsey N8Tapas Bar with Live Music for sale in Hornsey N8Tapas Bar with Live Music for sale in Hornsey N8
  • Status

    FOR SALE

  • Date Submitted:

    12/03/22

  • Advert ID

    291998

  • Leasehold: £100,000
  • Rent: £25,500
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Close to Local Amenities
  • Prime Location
  • Established Business
  • Fully Fitted
  • Offers Invited
  • Attractive Business
  • Potential for Alternative Use
  • Small Business

Business Details

Tapas Bar with Live Music for sale in Hornsey N8

Tapas bar with live music for sale.

The bar has been established three years. It is located on a high street, one mile away from Alexander Palace. There are local public transport and bus route links one mile away from Hornsey station.

There is a theatre and the concerts at the Alexander Palace bring a lot of footfall as people dine here before their events, especially on weekends. There are some pubs, but there is no direct competition in the surrounding area.

The leasehold of the business is for sale. We are accepting offers in the region of £100,000. The sale includes fixtures and fittings. It can seat 40 - 50 people. The sale includes fridges, a till system, a coffee machine fully serviced, drafts and more. We have also recently decorated and renovated the restaurant's interior. The stock will be sold separately.

The business' turnover is available on requesflt. The turnover is increasing with more customers since post-covid. It is a family restaurant. The reason behind the sale is that my mother is retiring and, I have no time to continue this business by myself. It is because I have a career of my own. It would be better with a new owner to grow this business further.

The current hours are 5pm - 11 pm: Tuesday to Thursday/ Friday to Saturday: five pm - 12 am. A licence is available from 10 am to midnight, every day. We have a staff of five employees.

We have a social media presence on Instagram / Facebook / Google / Justeat. We have positive reviews - awarded for customer excellence by London Enterprise, 2020 and 2021.

There is a stage for live music, and the new owner can continue live music. We can provide links for musicians as our customers enjoy the music.

We are willing to provide training opportunities to the new owners. We will also show them the system and how the menu works.

Get in touch for more information (available on request)

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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 £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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