Italian Restaurant for Sale in Hornsey London with Long Lease and Fully Equipped Kitchen
Hornsey, London
- Status
FOR SALE
- Advert ID
645930
- Reference
CucN8 / Rightbiz
- Call Agent:
- Leasehold: £64,995
- Rent: £20,000 (£1,667 per month)
- Turnover: £182,000 (£3,500 per week)
- Profit: £20,000 (11% Profit margin)
Key Features
- No outstanding debts or liabilities
- Online delivery service
- Opportunities for online order expansion
- Owner operator opportunity
Business Details
Premium Fully Fitted Italian Restaurant in Prime Hornsey N8 Location – Long Lease
Business Overview
An exceptional opportunity to acquire a beautifully presented and fully equipped Italian restaurant located in the highly desirable Hornsey (N8) area of North London.
Well-established and professionally fitted restaurant offering a complete turnkey opportunity for a new owner to continue operations immediately. The premises benefit from a stylish, modern interior and a fully fitted commercial kitchen with high-quality equipment, representing a significant investment.
The business has built a solid reputation within the local community and benefits from repeat custom, excellent hygiene standards, and a strong local presence.
Key Features
• Prime Hornsey (N8) North London location
• Fully fitted restaurant with approximately £70,000 equipment value
• Authentic wood-stone pizza oven and full commercial kitchen
• Attractive modern interior with seating for approximately 30 customers
• 5-Star Food Hygiene Rating
• Secure lease with approximately 14 years remaining
• Reasonable rent of only £1,950 per month
• Turnkey opportunity with no further investment required
• Excellent growth and expansion potential
Financial Information
• Weekly turnover: approximately £3,500
• Annual turnover: approximately £182,000
• Net profit: approximately £20,000 per annum
• Rent: £23,400 per annum
• Long renewable lease with security for incoming buyer
The business provides stable income with potential to increase profitability under new ownership.
Equipment Included
The sale includes extensive fixtures and equipment, including:
• Wood-stone pizza oven
• Pizza dough preparation machine
• 8 commercial refrigerators
• 3 commercial freezers
• Commercial dishwasher and glasswasher
• Professional stove and fryer
• Italian commercial coffee machine
• Fully fitted bar
• Extraction and ventilation system
• Complete fixtures, fittings, and furnishings
Total equipment investment estimated at approximately £70,000.
Location
The restaurant occupies an excellent trading position in Hornsey (N8), a vibrant and affluent North London area benefiting from:
• High residential density
• Strong local footfall
• Excellent transport links
• Established restaurant and hospitality environment
• Loyal customer base
Growth Potential
Significant opportunities exist to increase revenue through:
• Expanding delivery services (Uber Eats, Deliveroo, Just Eat)
• Extending opening hours
• Increased marketing and social media presence
• Menu expansion
• Owner-operator cost efficiencies
Reason for Sale
Genuine sale due to personal reasons.
Asking Price
£64,995
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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.
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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.
Be safe, use a Rightbiz Solicitor
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