ESSENTIAL INFORMATION


Property Type: Restaurant

4 Bedroom   1 Bathroom   1 Reception

Reference number : cottagelive_764462737

KEY FEATURES


Wheelchair Access

Gas Central Heating Combi Boiler

 17 Year Lease Remaining (Renewable)

 Four Bedroom Split Level Maisonette

 Billboard to Side Aspect

 Potential to Develop Further

 Establish Business since the 1940's

 Current Owner Has had the business for over 20 Years

 Fully Fitted Kitchen and Cafe

 Ability to add Just Eat and Other's to generate more income

DESCRIPTION


*Business with Substantial Income of over 100k per annum with Four Bedroom Property included on lease* Cottage Fields are delighted to present this rarely available, Succesful and long time established business stretching as far back as 1940's. Benefiting from Seating over 70 customers, Integrated Kitchen, Bifolding Doors for Alfresco Dining and Much More. Being a corner plot in a busy location in affluent Winchmore Hill. This Cafe, with seating for around 50 plus clients internally, Bi-Folding Doors to open up the frontage and seat further clients at any given time and clientele establish over many years and great opportunity to expand further makes this commercial business a great proposition.


- Currently, 17 years remaining on the renewable lease, with five-year rent reviews. Holds A3 License.

 - Also benefiting from The four-bedroom maisonette producing an income that covers the lease of the Cafe making it self sufficient before any sales. Making this proposition very enticing for someone looking to produce a healthy income with immediate effect. 

- A billboard achieving an income of around £1500 per annum and potential for more.

- Take home 2k net weekly.

- External Seating to the front aspect of the Cafe via bi-folding doors. 

- Currently closes at 3 pm, as the vendor has no need to do longer hours due to its success over the years. Ability to extend this further and potentially hire out for functions in the evenings. This business offers a great investment for someone with a passion and desire, as the vendor is now looking to retire after owning the premises for over 20 years. 

- Potential to add just eat, deliveroo and more.


Call us now to find out more details and to arrange your viewing, all inquiries to be made directly through the agent (Cottage Fields) and not vendor himself, as to not unsettle the team.

ESSENTIAL INFORMATION


Limes Cafe, Winchmore Hill, N21 - Successful Commercial Business with Residential Unit (Four Bedroom Maisonette)

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