OIRO £49,000

Cafe for Sale

Bowes Road, Arnos Grove , London, N11

OIRO £49,000

Full Description

TENURE:

New 15 Year lease, at a rent of £11,300 per annum with a landlord break in 7 years.

TRADING:

Trading hours are Tuesday to Sunday from 9 a.m. To 6 p.m. Closed on Mondays. The business can be significantly increased with extended opening hours.

ACCOMMODATION:

The premises offers approx. 830 sqft, with a shop floor area of 550 sqft and storage area to the rear of 330 sqft with exit to the rear. The shop has seven covers having a sitting arrangement inside and on the front outside the shop.

BUSINESS PREMISES:

This is a very well-established Italian Delicatessen (having an A1 license) that has been in occupation in Arnos Grove for over 50 Years. The location benefits from a high footfall and regular clients, serving a large residential area. The deli offers the finest Italian ingredients. Amongst all of the specialties, you will also find a large selection of seasonal foods such as Panettone, Pandoro, Torrone, Colomba and Italian Chocolates.

EQUIPMENT:

The business is well equipped with fixtures and fittings having a coffee machine, coffee grinder, cheese grinder, two slice machine, panini toaster, ice cream fridge one laden and standing and two fridges for storage.

PRICE:

OIRO 49,000 to secure the Lease, to include the fixtures and fittings.

LOCATION:

- Situated in a prominent position on Bowes Rd, with Arnos Grove (Piccadilly Line) Underground Station on your doorstep.

- Close proximity to New Southgate Overground.
- Close proximity to the A406.

- Excellent bus links to surrounding areas.

CONDITIONS:

Ingoing tenant to be responsible for both parties? legal costs.

RATES:

Small Business Rates Relief