Restaurant for sale
Property description & features
*Exceptional Restaurant Opportunity in Southgate - £165,000 Premium*
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 £165,000, 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.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference yenisouthgaterestaurant. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Discover Residential - Loughton.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.