Cannon Hill, London, N14
- PROPERTY TYPE
Restaurant
- BEDROOMS
1
- SIZE
Ask agent
Key features
- Location Advantage:** Situated in the bustling and vibrant Southgate area, the location ensures a constant flow of foot traffic and regular clientele.
- Consistent Revenue:** Boasting an impressive weekly takings of £10,000, the business showcases a robust and profitable operation.
- Operating 7 days a week, the restaurant has maximized its service potential, catering to a steady stream of patrons.
- Close to All Local Amenities
- Prime Location
Description
Step into a thriving culinary legacy in the heart of Southgate with this remarkable restaurant, a staple of the community for over half a century. Priced at a premium of £130,000, this is a not-to-be-missed chance for the discerning restaurateur.
**Key Highlights:**
- **Long-Standing Reputation:** Established for 54 years, with 14 years under the current successful management, this restaurant has a rich history and a loyal customer base.
- **Consistent Revenue:** Boasting an impressive weekly takings of £10,000, the business showcases a robust and profitable operation.
- **Strategic Financials:** Positioned with a manageable annual rent of £24,000 and business rates of £2,200, the financials are structured for sustainable success.
- **Operational Excellence:** Operating 7 days a week, the restaurant has maximized its service potential, catering to a steady stream of patrons.
- **Location Advantage:** Situated in the bustling and vibrant Southgate area, the location ensures a constant flow of foot traffic and regular clientele.
This is an unparalleled opportunity to own a piece of Southgate's culinary heritage. With a strong financial track record, established customer base, and an enviable location, this restaurant promises not just a business, but a lifestyle for the passionate restaurateur.
Don't miss out on this chance to continue a legacy and create your own chapter in Southgate's rich dining story. Contact us now to arrange a viewing and take the first step towards owning this jewel in the crown of Southgate's dining scene.
Consumer Protection from Unfair Trading Regulations 2008. Misrepresentations Act 1967. Property Misdescriptions Act 1991.
These details are prepared as a general guide only and should not be relied upon as a basis to enter a legal contract or to commit expenditure. The sales particulars may change in the course of time and any interested party is advised to make a final inspection of the property prior to exchange of contracts or signing of a tenancy agreement. Discover Residential LTD have not tested any apparatus, equipment, fixtures and fittings or services. Items shown in photographs are not necessarily included. On occasion photographs may be owner supplied. On most occasions features and facilities of a property are owner advised and potential buyers/tenants are advised to confirm these. Please note that service charge, ground rent and lease lengths are subject to change, and the information we have supplied was true at time of instruction. References to the tenure, lease length, ground rent and service charges for any property are based on information supplied by the seller, buyers are advised to obtain verification of these stated figures from their solicitor before purchasing. Any mention of planning potential or planning permission is based on the current owners opinion, a potential buyer should assume that this is a speculative opinion only and is not based on planning permission being granted or professional advice, unless otherwise stated. Any reference to distance to stations, amenities or schools are taken from portal estimated distances, buyers are advised to do their own research on distances.
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Cannon Hill, London, N14
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Southgate Station0.6 miles
- Palmers Green Station0.7 miles
- Arnos Grove Station0.7 miles
Notes
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