Cafe In Hornsey With Great-Visibility And 100% Business-Rate-Relief For Sale
Hornsey,London,UK, ID 138324
Сontact with me Owner's representative
Description
Established Cafe Opportunity with Full Business Rate Relief
Hornsey, North London
Property Reference: RPS-22184
Proof of Funds
To comply with the vendor’s confidentiality requirements and the landlord’s conditions, all prospective purchasers must be able to provide proof of funds prior to arranging a viewing.
Overview
This is an opportunity to acquire a well-positioned cafe business located on a busy high street in Hornsey, N8. The premises benefit from strong visibility, consistent local footfall, and close proximity to St Mary’s CE Primary School, supporting regular daytime trade from parents, staff, and nearby residents.
The cafe operates from a compact yet efficient unit and qualifies for 100% business rate relief, reducing fixed overheads and making the opportunity particularly attractive to owner-operators and first-time buyers.
Key Highlights
- High street location with excellent visibility
- Near St Mary’s CE Primary School
- Approximately 36 covers
- Fully fitted commercial kitchen
- Gas supply and extraction system installed
- Street parking available nearby
- Eligible for 100% business rate relief
Premises Details
- Area: approximately 445 sq. ft
- Covers: approximately 36
- Kitchen: fully fitted commercial kitchen
- Utilities: gas and extraction in place
- Premises licence: in place
- Food hygiene rating: 5-star
- Business rates: qualifies for 100% relief
The unit is arranged to maximise seating and operational efficiency and is suitable for a broad cafe menu, including hot food offerings supported by the existing kitchen setup.
Lease and Commercial Terms
- Lease expiry: April 2031
- Lease status: Inside the Landlord and Tenant Act 1954
- Rent: ?18,720 per annum
- Rent reviews: every three years
- Next rent review: April 2027 (previously due in 2024)
- Premium: ?80,000 (business, lease interest, and fixtures and fittings)
Landlord Requirements
Subject to references and financial standing, the landlord may require:
- A guarantor
- A rent deposit equivalent to six months’ rent
- Standard financial and background checks
Trading Performance
According to information provided by the seller, the business generates gross revenue of approximately ?169,000 per annum, which equates to around ?3,000 to ?3,500 per week. The cafe is currently owner-managed with support from two part-time staff members.
Location
The cafe is situated in Hornsey, N8, on a busy high street with a strong mix of retailers and eateries nearby. The surrounding residential catchment and the nearby school help sustain consistent trade throughout the week.
Reason for Sale
The business is being offered for sale due to the owner’s focus on other business interests.
Viewings and Confidentiality
All interested parties must provide proof of funds sufficient to meet the premium and the landlord’s requirements. A Non-Disclosure Agreement must be agreed prior to receiving further information or arranging a viewing.
Enquiries and viewings are strictly through Restaurant Property Sellers only. Use of the website is subject to the company’s Terms and Conditions.
Disclaimer
The information provided has been supplied by the seller and is believed to be accurate; however, it is provided without warranty. Prospective purchasers must rely on their own inspections and professional advice to verify all details. Neither the agent nor its employees are authorised to make or give any representation or warranty in relation to this property.
Details
Similar businesses
-
Old Established Cafe In Greater London For SaleNorth London,London,UKView moreAsking price:GBP £59 500 -
-
Licenced Cafe And Training Kitchen (closed) In Greater London For SaleSouth London,London,UKView moreAsking price:GBP £80 000 -
Licenced Cafe Restaurant In Greater London For SaleNorth London,London,UKView moreAsking price:GBP £180 000 -
Well Presented Cafe In South London For SaleSouth London,London,UKView moreAsking price:GBP £99 950 -
Thriving Cafe, With A Thai Inspired Menu In Greater London For SaleSouth London,London,UKView moreAsking price:GBP £45 000 -
-
Profitable Cafe & Bakery Business In Richmond For SaleRichmond,Surrey,UKView moreAsking price:GBP £160 000