FOR SALE
646500
Exceptional Enfield Investment Opportunity – Restaurant with Two Rental Flats Above
A recently refurbished restaurant business with two residential rental flats, substantial investment in the premises and significant potential for future growth.
Located in Enfield, North London, this is an opportunity to acquire a restaurant premises with an additional residential income stream that substantially offsets the overall rent.
The business has been established for approximately one year, following a significant investment of around £480,000 in the venture. The restaurant is equipped and operational, offering an incoming owner the opportunity to take over an existing setup rather than start from scratch.
Contact : 07850936303 - [email protected]
Key Investment Highlights
A Valuable Combination of Residential Income and Commercial Potential
One of the most attractive features of this opportunity is the rental income generated by the two residential flats above the restaurant.
The flats currently generate £44,400 per year against a total annual rent of £55,000. This leaves an effective rent difference of just £10,600 per year attributable to the commercial premises after residential rent is taken into account.
For an operator, this provides an opportunity to run a restaurant with a substantially offset rental commitment. For an investor, it offers a mixed-use opportunity combining residential rental income with an established commercial setup.
Please note that the remaining figure is calculated before business rates, utilities, repairs, insurance, service charges and other operating costs, where applicable.
Fully Refurbished and Equipped Restaurant
The restaurant benefits from a modern, well-presented interior, a large seating area and a spacious commercial kitchen.
The equipment includes digital signage screens, self-service ordering kiosks, an EPOS system, flat grill, chip fryer, King Edward potato ovens, combi oven, gas hob, walk-in fridge, chest freezer, juice machine fridge and a substantial toppings bar.
The premises also benefit from a large basement for storage.
The commercial space measures approximately 200 m² and can accommodate up to 60 seated customers, making it suitable for a range of food-service concepts, subject to the relevant permissions and lease conditions.
Location and Future Potential
Situated close to Enfield Council offices and surrounding businesses, shops and residential areas, the premises offer access to a mixture of daytime workers, local residents and visitors.
A new owner could explore opportunities to improve marketing, develop takeaway and delivery sales, strengthen local business relationships or introduce new operating strategies to build turnover.
The opportunity may suit an experienced restaurant operator, an owner-manager or a buyer looking for a mixed-use business opportunity with residential rental income.
Genuine Sale Opportunity
The current owners have invested approximately £480,000 into establishing and equipping the venture. The business is being offered for sale to allow a new owner to take it forward and realise its potential.
This is an opportunity to acquire a recently established, equipped restaurant operation with two residential rental flats above and a substantial amount of investment already made in the premises.
Asking price: £275,000
Further information on the business, rental arrangements, equipment and financial performance is available to serious, qualified buyers upon enquiry.
Viewing is highly recommended for buyers seeking a restaurant opportunity with an additional residential rental income stream.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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