Italian restaurant for sale in Southgate, North London with 180 covers and a 25-year lease.
City of London, LondonEst. 40 years
- Status
FOR SALE
- Advert ID
658165
- Leasehold: £400,000
- Rent: £85,000 (£7,083 per month)
- Turnover: £1,300,000 (£25,000 per week)
- Profit: On request
Key Features
- Modern interior and decor
- Proximity to town centre
- Ready-to-operate business model
- Suitable for serious buyers only
Business Details
ITALIAN RESTAURANT FOR SALE – SOUTHGATE, NORTH LONDON 🍝 180 covers
🔥 ITALIAN RESTAURANT FOR SALE – SOUTHGATE, NORTH LONDON
Fantastic established business – serious enquiries only!
🍝 180 covers
💷 £25,000–£30,000 weekly takings
🏢 25-year lease
💰 £11,000 rates already paid
💷 Rent: £85,000
⭐ 40 years established
✨ Newly decorated – no further investment needed
🔑 Ready to trade immediately
Excellent opportunity for an experienced restaurateur or investor. Prime North London location and strong trading history.
Serious buyers only.
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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.
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.
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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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