326 Essex Rd 2,200 SF of Assignment Available in London N1 3PB

The property operates on a 23-year non-renewable lease with rent reviews every 5 years and benefits from strong, diversified income streams in a high-demand location. Key Financials: • Rent: £50,000 per annum • Business Rates (after relief): £6,000 per annum • Dark Kitchen Rental Income: £32,400 per annum (temporary arrangement and can be terminated with 2 Months Notice) • Airbnb Rental : £42,000 p.a. (It is possible for the buyer to manage themself currently the accommodation is generating £94,000 p.a in revenue) In Total currently generating £74,400 p.a. with the indoor Seating Space for 70 pax, ourdoot area and the Cocktail bar not being used. Ground Floor – Restaurant & Bar The ground floor offers seating for 80 guests, an attractive outdoor garden, a stylish cocktail bar and an open kitchen. The kitchen is currently sublet, generating £32,400 per year. The remaining space is used for private events, producing additional income. Basement – Airbnb & Restaurant Facilities The basement comprises the restaurant prep area and storage, along with 1 kitchen, 2 bathrooms, 5 double bedrooms and 1 Single Bedroom. All bedrooms are run as short-let Airbnb accommodation, generating approximately £90,000 net profit per year. However, the current company running the airbnb business is willing to take the bedrooms on a contract for £3,500 per month and £42,000 p.a. Outdoor - Smoking Area & Event Space The outdoor space is currently being used for events only in the warmer months and can accommodate 50 pax Located in a vibrant and high-footfall part of North London, this business combines strong restaurant trade with highly profitable accommodation. Enquiries: Please contact Jaz Babbar - 07729223000 at Onyxo Real Estate to arrange a viewing or request further details. Cash Buyers Only - NDA & Proof of Funds Required