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Successful Cafe/Pizza Restaurant For Sale

Green Lanes, London
Asking Price:
£200K - £500K Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£500K - £1M
Cash Flow:
£100K - £250K

We opened our doors October 2018 in the heart of Manor house, Just beside Manor house tube station and have been very successful ever since opening. We are well known to the area and to North London in a short amount of time due to giving good service along side good breakfast/brunch and serving Italian pizzas in the evenings.
We have been rated number 1 on tripadvisor also.

We are based in MAnor house literally few metres away from the Tube station and have a very extremely high footfall but however we do not catch this trade due to opening at 9am this can be done with introducing coffee/cakes/sandwiches from early morning if you open earlier but the choice is yours!

We are also opposite the entrance of Finsbury park and is a very popular park in north London with concerts and festivals being held every year (Wireless festival & pride festival etc)

Manor house tube station has over 8,000.000 footfall a year which is a very busy line as links to Central London and Airports are very easy to access this allows a high volume of tourists in the area.

A very successful with a very profitable business model which is very easy to manage and run.

Travelodge hotel opening right across the road with 132 rooms to be introduced early 2020 and high amount of flats being built in the local area.

We have other reasons for sale and this is not anything to do with the business but personal.

*We do not have a coffee machine which can be introduced (no speciality coffee in the area)
*We do not have a wide selection menu in the evenings (pasta, grilled dishes can be introduced)
*We close at 11pm (licence is till 2am everyday)

The business has been refurbished recently to high standards with all equipment being new (kitchen equipment/machines costing over 30k alone)

walk in fridge

walk in freezer

Alcohol premises licence

A3 premises licence

A new 15 year lease inside the landlord & tenant Act (renewable lease)

Extremely good relationship with our landlords who also live above the premises

We have parking behind the shop which landlord is happy for us to use.

OPENING HOURS:
Tuesday to Saturday: 9am - 11pm
Sunday: 9am - 4pm
Monday: CLOSED

(we do not serve pizzas On Sundays as we close early)

RENT: 28k p.a
RATES: 5k p.a


PLEASE ONLY SERIOUS BUYERS WHO CAN MOVE SWIFTLY AND SMOOTHLY.

THANK YOU

Property information

Property:

Leasehold

Lease Terms:

15 years new lease renewable inside the landlord & tenant act

Leasehold Rent:

£28,000 per annum

Location:

High road just beside manor house tube station (Piccadilly line)

Premises Details:

Located in North London

Size in square feet:
1,000
Planning Consent:

A3

Business Operation

Expansion Potential:

*Introducing coffee in the mornings as the footfall is extremely high and coffee around in the area and being by the station.
*Travelodge hotel opening very soon
*New flats being built over 1000 new homes

Competition / Market:

No competition

Trading hours:

Monday: Closed
Tuesday - Saturday 9am - 11pm (breakfast until 4pm and pizza from 3pm to 11pm)
Sunday - 9am - 4pm

Employees:
6
Years established:
1 year

Other Information

Support & training:

Full support and training will be provided

Furniture / Fixtures value:
£40,000 - included in the asking price

Contact Information

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