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Restaurant and coffee shop for sale in Wood Green London with open lease and 62 seats

Wood Green, London, ID 232412

Restaurant and coffee shop for sale in Wood Green London with open lease and 62 seats 1
Restaurant and coffee shop for sale in Wood Green London with open lease and 62 seats 1
Asking price:
GBP£130 000
Turnover (per year): £260 000 gbp
Owner
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Description

We are pleased to present an opportunity to acquire a well-established restaurant and coffee shop that has been successfully operating for seven years.The business has demonstrated strong financial performance, with a weekly turnover ranging from £5,000 to £7,000, reflecting its solid market position and clear potential for further growth.The premises occupy an excellent location with strong street visibility and consistent high levels of foot traffic. The venue offers seating for up to 62 covers and features a modern, stylish interior with ambient lighting, creating a welcoming dining environment. The flexible seating layout accommodates a range of group sizes and dining styles, supporting a diverse customer base.The fully equipped commercial kitchen includes high-quality stainless steel appliances and ample storage space, supporting efficient day-to-day operations. Customer facilities are well maintained, including clean and modern restroom amenities that enhance the overall experience.The annual rent is £22,000, with business rates of approximately £4,000 per annum. The business currently generates an annual turnover of approximately £260,000. This leasehold opportunity is available at an asking price upon request, with all existing stock included in the sale.The business is operated by three experienced members of staff, ensuring smooth ongoing operations.The current owner is selling due to personal reasons and is committed to providing training and support to ensure a seamless handover to new ownership.The opportunity is located in Wood Green, London, and represents a strong leasehold acquisition with established trading history.

Details

Real Estate: Lease
Employees (ppl): 3
Reason for selling: Health or personal issues
Asking price: 130 000 gbp
Turnover (per year): 260 000 gbp
Rent (per year): 22 000 gbp

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