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Reference R3142
Occupying a corner position, excellent trading position, residential, office and commercial area, NORTH LONDON
Turnover £ 18,132
Price
£379,500
Features
Impressive Licensed Schnitzel Restaurant Plus Satellite Uber Eats Dark Kitchen
OUTSIDE SEATING FOR 12 PERSONS
5 STAR HYGIENE RATING
6 DAYS OPENING
DOUBLE FRONTED PREMISES in the region of 785 ft² with ELECTRIC SHUTTERS & CANOPY. Tiled floor, ceiling with spotlights. Air conditioning with hot air. Tables and chairs providing seating for 20 persons. BAR, 2 fridges, EPOS till
Toilet with w.c. and wash hand basin
BASEMENT KITCHEN in the region of 370 ft² with dumb waiter. Stainless steel extractor unit, large grills, microwave ovens, 2 deep fryers, 2-pan deep fryer, 3 fridges, 2 freezers.
Staff toilet with w.c. and wash hand basin
Stockroom
Turnover
WE ARE INFORMED by the owner the turnover currently averages £16,000 p.w. with a gross profit of 70% approx. (35% Online Sales).
Plus UberEats kitchen - WE ARE INFORMED by the owner the income received currently averages £2,132 p.w. after rent and commission to Uber Eat (inclusive of all utilities) with a Gross profit of 87% approx
Staff
The business is at present operated by the 2 partners with 9 part time staff.
UBER KITCHEN - The business is at present operated by 2 fulltime chefs
Trading Hours
6 Day week
MONDAY - THURSDAY 5 p.m - 10 p.m
FRIDAY - SUNDAY 12 noon - 10 p.m
CLOSED TUESDAY
UBER KITCHEN - Monday-Thursday 4:30pm-10pm
Friday and Saturday: 12pm-10:30pm
Sunday: 12pm - 9:30pm
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2013 with reviews every 3 years (next review 2028) at a current rent of £33,000 p.a.
Business Rates from April 2026 £6,500 approx. (Please contact local authority to confirm)
WE HAVE BEEN INFORMED BY THE VENDOR that the UBER EATS KITCHEN are held on a SECURE RENEWABLE lease (private landlord) granted for 2 years in December 2025 at a current rent of £12,000 p.a. + VAT plus 24% of sales to non‑Uber One customers and 26% of sales to Uber One subscribers. (inclusive of all utilities)
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE BOTH UNITS THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £379,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 189,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
« Search more Restaurants for sale in North London
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