Property details

N13: Freehold Commerical building with 7 Apartments

Green Lanes , London, N13 5XG


new-property

  • m2
  • 8 beds
  • 7 Baths
  • Sales
  • Built:

Summary




  • 90
  • £ 2,900,000
  • Sales
  • Commercial
  • Under Offer
  • 8
  • 7

Description

Varosi are proud to present for sale Aroma Patisserie, offering a freehold shop with a running business and 7 apartments above. This is a thriving and well established business in the heart of Palmers Green. The business has been trading for over 20 years, in this time it has become part of the community and is very well known for its outstanding quality and variety of many different types of cakes, pastries, breads and savories. They also specialize in different special occasion cakes for example, wedding cakes, christening and birthdays.

The premises are spacious and well-proportioned with a good sized seating area where you can sit down and have a coffee and a cake. The service at Aroma is always friendly and professional with the staff always willing to assist you.

As well as the shop floor there is also a large basement area where all the preparation and baking takes place and there are 7 apartments above included and consisting of three studio apartments, three 1 bedroom apartments and one 2 bedroom apartment.

The business is making approximately £750,000.00 to £800,000.00 per year leaving approximately a profit of £90,000.00 Per Year.

The income from the apartments above achieve approximately £67,000.00 Per Year and are our rented out with assured short hold tenancy agreements.


Features

• Freehold Shop with 7 apartments above
• Large shop floor & basement area
• 3 X Studio Apartments
• 3 X 1 bedroom Apartments
• 1 X 2 bedroom Apartment
• Business Takings & Earnings: £750,000 - £800,000.00 takings with £90,000.00 Profit a Year
• Apartments above achieving £67,000.00 Per Year Approximately
• Combined approximately earnings / profit a year: = £157,000.00

Address

  • Palmers Green
  • London
  • Green Lanes
  • N13 5XG

Property features

  • Freehold
  • Chain Free

Community features

  • Close To Local Shops
  • Local Schools

Map

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