High-turnover takeaway with rear flat — strong footfall but short lease may restrict lending..
- Average weekly turnover £6,000–£7,000
- Includes one-bedroom flat at the rear
- Annual rent £14,500; business rates currently NIL
- Leasehold: 13 years remaining (renewable)
- Many lenders likely to refuse due to short lease
- High-footfall parade with excellent transport links
- High local crime and area deprivation noted
- A2 licence in place; next rent review in three years
A spacious, well-located takeaway in N22, trading long opening hours with average weekly turnover of £6,000–£7,000. The sale includes fixtures, fittings and a one-bedroom flat at the rear, offering immediate trading capability and owner-accommodation or rental income. Annual rent is £14,500 with business rates currently exempt (NIL).
The unit sits on a high-footfall parade with excellent transport links and lots of local amenities — useful for sustaining footfall and delivery trade. Lease terms include rent paid quarterly, rent reviews every five years (next review in three years) and an A2 licence in place, which supports continued food use.
Important caution: the lease has only 13 years remaining. Many high-street mortgage lenders may refuse to lend on this lease length, which will affect owner-occupier mortgage options and some finance structures. The area shows higher crime and local deprivation indicators, which prospective buyers should factor into operational risk and staffing decisions.
This is primarily an investment or operator purchase for someone able to buy in cash, bridge finance, or who can negotiate lease extension/renewal. There is clear potential to increase profitability through menu, delivery platforms, and extended evening trade, but material financing and location-related risks are present and should be investigated before offer.
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