Takeaway & Cafe for Sale near Hatton Garden with 14 covers and outdoor seating in London.
Hatton, LondonEst. 10 years
- Status
FOR SALE
- Advert ID
657734
- Reference
RPS-23349 / Rightbiz
- Call Agent:
- Leasehold: £119,000 (Stock at valuation)
- Rent: £46,000 (£3,833 per month)
- Turnover: £364,000 (£7,000 per week)
- Profit: Not Applicable
Key Features
- Profitable daytime operation
- Profitable hospitality business
- Profitable operations with growth potential
- Profitable takeaway service
Business Details
Takeaway & Cafe for Sale near Hatton Garden. Circa 14 covers inc. outdoor seating
Takeaway & Cafe for Sale near Hatton Garden
Property ID: RPS-23349
PROPERTY & BUSINESS SNAPSHOT
Type
Fully fitted takeaway & cafe
Location
Prime location in EC1N postcode
Lease expiry
Ending in September 2029 (Inside the 1954 Act)
Rent
£46,000 p.a. exclusive
Rent review
Every 5 years
Floor area (approx)
Circa 309 sq. ft
Covers
Circa: 14 inc. outdoor seating
Rateable value
37,750
Business rates payable
Circa £10,931 p.a. (discount applied)
Permitted use
Class E (Cafe)
Turnover
Circa £364,000 (circa £7,000/week)
Ancillary
Extraction in place
Premium
£119,000 (Lease, goodwill and FF&E)
LANDLORD’S REQUIREMENTS
- Guarantor required (subject to references)
- 3-6 month's rent deposit required (subject to references)
- Other usual checks will be carried out
MAIN DETAILS
- Situated at a busy Leather Lane market and established over 10 years as a takeaway & cafe business
- Right at the centre of London's famous jewellery district, just moments from Farringdon and Chancery Lane stations
- Surrounded by the Rosewood London and The Zetter Clerkenwell nearby, close to Gray's Inn and the Inns of Court, and a short walk from LSE and UCL.
- Benefits from extraction system and other commercial equipment
- Our client manages the business with 3 staff members generating a gross turnover in the region of £7,000 per week
- Currently the business operates between 11am till 3pm and closed on Saturdays & Sundays offering opportunity to extend opening hours
THE LOCATION
- Excellent Central London position EC1N postcode
- Strong footfall area with easy access to Farringdon Station & Chancery Lane
- Several street-food scene in close proximity
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements. All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.
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.
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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.
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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.
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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
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