Business details

CAFE AND BISTRO IN ANGEL REF: - RB412

Business Descriptions

RIGHT BUSINESS ARE DELIGHTED TO OFFER FOR SALE THIS DELIGHTFUL MEDITERRANEAN RESTAURANT WHICH IS LOCATED ON UPPER STREET ISLINGTON, BETWEEN HIGHBURY AND ANGEL STATION. THESE PREMISES HAS BEEN IN THE CAREFUL HANDS OF THE CURRENT OWNERS FOR THE PAST 8 YEARS.

 

RELUCTANTLY THE BUSINESS IS NOW BEING OFFERED FOR SALE DUE TO OTHER BUSINESS COMMITMENT. 

 

SINCE OWNERSHIP THEY HAVE COMPLETELY RENOVATED THE PREMISES AND INVESTED IN NEW EQUIPMENT, ALONG WITH FIXTURES AND FITTINGS WHICH ARE ALL BOUGHT AND PAID FOR AND INCLUDED WITHIN THE SALE PRICE WHICH IS A HUGE PLUS FOR ANY NEW PURCHASER AS ADDITIONAL FUNDS WILL NOT NEED TO BE SPENT FOR SOME TIME. 

 

WHAT WE ARE OFFERING IS A CONTEMPORARY AND EXTREMELY WELL FITTED RESTAURANT THAT COULD LEND ITSELF TO A VARIETY OF DIFFERENT CUISINES. THE RESTAURANT IS OPERATED AT A GENTLE PACE TO SUIT THE OWNER’S LIFESTYLE SO WE BELIEVE THAT THERE IS FURTHER POTENTIAL TO INCREASE TRADE SHOULD YOU WISH TO EXTEND THE OPENING HOURS ON WEEKEND UNTIL 2 AM AND MAYBE JOINING SOME OF THE ONLINE DELIVERY PORTALS SUCH AS JUST EAT AND DELIVEROO. THE BUSINESS ENJOYS A STRONG REPUTATION WITHIN THE LOCAL COMMUNITY AND BEYOND AND AS SUCH HAS A HIGH LEVEL OF REGULAR AND REPEAT TRADE. THIS IS A SUPERB OPPORTUNITY TO PURCHASE A READY TO RUN BUSINESS WHICH IS A GREAT BASE TO BUILD UPON AND AS SUCH EARLY VIEWING IS HIGHLY RECOMMENDED AS THIS BUSINESS IS NOT TO BE MISSED. 

 

INTERNAL VIEWINGS ARE HIGHLY RECOMMENDED THROUGH RIGHT BUSINESS BY APPOINTMENT ONLY. PLEASE CONTACT CUSTOMER RELATIONS MANAGER JOSEPH ON 07714615076 Advert Ref: RB412

PLEASE NOTE: THESE PARTICULARS PROVIDE A GENERAL OUTLINE ONLY. IT IS ADVISED THAT PROSPECTIVE PURCHASERS MAKE THEIR OWN ENQUIRIES. THESE DETAILS DO NOT CONSTITUTE ANY PART OF AN OFFER OR CONTRACT. ALL STATEMENTS OR DETAILS CONTAINED WITHIN THESE PARTICULARS ARE WITHOUT ANY RESPONSIBILITY ON ANY PART, TO RIGHT BUSINESS. RIGHT BUSINESS CHARGES A FEE OF £300 AS ADMIN FEE FROM PROPOSED BUYER. A HOLDING DEPOSIT WILL BE REQUIRED TO SECURE THE PROPERTY; THE DEPOSIT WILL BUY A PERIOD OF EXCLUSIVITY AND WILL BE HELD IN THE RIGHT BUSINESS ACCOUNT

Property Details

  • Size : TBC
  • Business Type : Restaurant
  • Established Year : 2011
  • Expiry Date :

Other Details

  • Competition : YES
  • BusinessLocation : MAIN ROAD TRADING POSITION
  • Reason for Selling : DUE TO OTHER BUSINESS COMMITMENT
  • Expansion Potential : YES

Operation Details

  • Staff : Full time: 4 Part time: 4
  • Trading Hours :MON – SUN: - MON TO FRI: - 11.00 A.M TO 10.30 AND SAT & SUN: 10.00 A.M TO 11.00 P.M (LICENSE VALID MON TO FRI UNTILL MIDNIGHT & WEEKEND TILL 2AM)

Seller's Info

  • Seller Name :
  • Email Id :
  • Contact :

Business Address

CAFE AND BISTRO IN ANGEL REF: - RB412
  • TurnOver :THIS RESTAURANT OFFERS HIGH QUALITY SERVICE, FAVOURED BY ITS CUSTOMERS FOR ITS RANGE OF DELICIOUS PRODUCE AND ITS FRIENDLY CUSTOMER SERVICE. THIS OWNER-OPERATED BUSINESS HAS WORKED EXTENSIVELY TO EXPAND ITS WORKLOAD AND BY MAINTAINING LOW OVERHEADS, HAS GENERATED A HIGH ANNUAL TURNOVER.
  • Business Price :£160000.00
  • Tenure :THE PREMISES ARE HELD ON A SECURE RENEWABLE LEASE, THE PRESENT LEASE HAVING APPROXIMATELY 5 YEARS UNEXPIRED (BRAND NEW LEASE AVAILABLE) AT A CURRENT RENTAL OF£46,000.00 WITH A RENT REVIEW EVERY 4 YEARS AND BUSINESS RATES: -£15,300.00 P. A
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