Prime Leasehold Lic. Coffee Bar, Fully Equipped Kitchen, Class E A3 Restaurant in East Finchley
East Finchley, London
- Status
FOR SALE
- Advert ID
629076
- Reference
C1209 / Rightbiz
- Call Agent:
- Leasehold: £30,000
- Rent: £48,000 (£4,000 per month)
- Turnover: On request
- Net Profit: Not Applicable
Key Features
- Potential for Alternative Use
- Prime Location
- Attractive Business
- Fully Fitted
- Adjacent to Multiple Retailers
- Open Plan Trading Area
Business Details
LEASEHOLD LIC. COFFEE BAR WITH FULLY EQUIPPED KITCHEN & CLASS E (A3) RESTAURANT PLANNING
RECENTLY REFURBISHED - PRIME MAIN ROAD LOCATION - CURRENTLY STAFF RUN - 25-30 COVERS - SUITABLE OTHER CATERING USE - PREMISES LICENCE
Location
Corner premises fronting the busy High Road with neighbouring occupiers including; Iceland, Domino's Pizza, Mulberry, Sainsburys, William Hill, Ladbrokes, and KFC together with a good vibrant mix of other independent and local traders.
Business
This well presented concern was acquired by our clients towards the end of last year and has recently
undergone a complete refurbishment. The site was originally planned to operate as part of a franchise but the company has now decided to sell the business as a going concern.
The business was only re-opened in March of this year and has already gained a reasonable turnover with tremendous further potential to develop as a high end coffee bar and/or to further develop the food and drinks side of the business with later evening opening as the premises has a fully equipped kitchen which is currently not in use and premises licence already in place.
Turnover
The business was only opened in March 2025.
Hours
8.00am - 4.00pm Mon - Sun
Premises
Corner premises with pavement seating area to front for 8 covers. Single corner entrance to: Cafe Area: Recently refitted throughout (Feb 2025) with tables and chairs to seat 25-30 covers. Bar servery with Barista coffee machine, grinder, blender, ice machine, triple under counter fridge, 2 glass fronted chilled display cabinets, double panini toaster, epos till system, fridge, juicer, , st/stl sink, slicer, music system. Customer/Disabled WC with hand wash basin. Prep Counter to rear. Kitchen: fully fitted with st/stl work tops, 4 ring burner with extractor over, fryer, Lincat CIBO Toastie Oven, Oven, Oven (Turbo Chef i5), waffle maker, 2 fridge, freezer, fridge freezer, dishwasher. Small Office/Store Room: chest freezer.
Rear door to outside yard: Bin Store area.
Outside: Pavement area to front with space for 8 covers.
Tenure
7 years lease from November 2024. Rent £48,000 pa
EPC Rating
TBA
Business Rates
£392 PCM Payable
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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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.
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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.'.
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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.
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
