Turnkey licensed premises with strong takings and immediate income potential.
Prime Victorian corner location with strong footfall
Turnkey A3 premises with fitted kitchen and extraction
Alcohol and music licences valid until 11pm
Size approximately 130sqm (1,400 sq ft) including basement
Average weekly takings £3,000–£4,000
Leasehold: 13 years remaining — lenders may refuse mortgages
Asking premium £70,000; rent £27,500 pa; rates c. £1,440 pa
Short lease creates lease-renewal and refinancing risk
This substantial Victorian corner café/bar occupies a highly visible spot on Archway Road (N6) and is offered as a turnkey, fully licensed A3 operation. The premises extend to around 130sqm (1,400 sq ft) including a cellar, with an open-plan dining area, exposed brick character and a fitted commercial kitchen with extraction — ready for immediate trading.
For an experienced operator or investor, the established weekly takings (£3,000–£4,000) combined with evening alcohol and music licences (until 11pm) present clear income potential. The area is inner-city cosmopolitan with strong footfall from local residents, students and nearby independent businesses; transport links are good and local amenities are comprehensive.
Important practical points are plain: this is a leasehold sale with 13 years remaining and an asking premium of £70,000. Rent is £27,500 per annum and business rates are modest (c.£1,440 pa). The relatively short lease term is a material drawback — many high-street lenders may refuse mortgage finance on this tenancy length, which could restrict buyer options to cash purchasers or trade buyers prepared to refinance the lease.
Overall this is a rare, operational site for a buyer who values immediate income and a prominent location. It suits an established operator expanding a portfolio, an independent restaurateur seeking a turnkey base, or a cash/investment buyer able to manage lease renewal risk.
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