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Business

£375,000

Restaurant for sale

City Of London, England, United Kingdom N21

£375,000

Restaurant for sale
City Of London, England, United Kingdom N21

    Business
    Added on 06/12/2024

    About this property

      Business
      Quote Reference: B08414

      Cogogo proudly presents Espresso & Co, a thriving café with a stellar reputation built over six successful years. Known for its outstanding coffee, quality food, and inviting atmosphere, it has become a cherished local favourite. Situated in the vibrant heart of The Green, London N21, this prime location ensures steady footfall from residents, commuters, and visitors.

      The café boasts a loyal customer base and excellent online reviews, making it the go-to spot for breakfast, lunch, and weekend brunch.

      Business Highlights:


      • Fully Equipped & Ready to Go:
      • Comes with £25k–£30k in assets and 20 tables (10 inside, 10 outside), ideal for alfresco dining.
      • Additional Revenue Stream: Includes a one-bedroom flat generating £15,000 annually, enhancing profitability and offsetting lease costs.
      • Prime Location: Positioned in a high-footfall area, attracting a steady flow of customers.
      • Growth Potential: Expand offerings with evening services or events to unlock further revenue opportunities.

      This turnkey opportunity promises immediate returns and substantial growth potential. It is an excellent investment for those looking to enter or expand in the thriving London café market.

      Location
      Espresso & Co. Is located at 14 The Green, Winchmore Hill, London, United Kingdom, N21 1AY.

      Premises
      Its proximity to Winchmore Hill railway station (just a two-minute walk) ensures easy accessibility, and its charming village atmosphere offers a relaxing destination for customers seeking a quality coffee experience in a community-focused environment.

      Tenure
      Leasehold with an attractive £25,500 annual rent, including a one-bedroom flat above generating £15,000 in annual rental income, making overall costs highly manageable.

      Hours
      Open Monday to Saturday, 07:00–17:00; Sunday, 07:30–16:00.

      Flexible operational hours allow for expansion opportunities like evening dining.

      Staff
      Two dedicated and experienced staff members ensure smooth operations, maintaining excellent customer service standards.

      Financial Profile
      This business generated a turnover of £360,000. Full financials can be made available upon further request.

      More information

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