RESTAURANT BUSINESS FOR SALE IN CENTRAL LONDON WITH REF #CS0491

  • Price: £80,000
London, England
For Sale

RESTAURANT BUSINESS FOR SALE IN CENTRAL LONDON WITH REF #CS0491

London, England
  • Price: £80,000

Description

RESTAURANT BUSINESS FOR SALE IN CENTRAL LONDON WITH REF #CS0491

LOCATION:
The restaurant is situated in a busy area with excellent visibility and easy access in central London near Angel and is close to the school and college, residential and commercial offices in the area, and Plenty of off-street Parking spaces.

OVERVIEW:
This restaurant serves delicious food & has built a loyal customer base over the years, with a reputation for serving delicious food and providing exceptional service. This loyal customer base ensures a consistent stream of business, The restaurant comes with two floors above.

The interior showcases modern décor & elegant furnishings, The menu features a different fusion of flavors.

The restaurant has a beautiful ambiance, good décor tables, and chairs providing seating approx. for 95 covers. It comes fully equipped with a well-appointed kitchen, modern cooking equipment such as Hotpot, a Big fridge, Two small fridges, 1 chiller, a Grill machine, an oven, a cooker, 2 fryers, and an attractive dining area.

Potential: Huge potential to extend and make shisha subject to planning on the 1st floor currently they are using it as a party space it can also use for various events, such as small gatherings, meetings, functions, and more.

2nd floor comes with storage space and an office.

Shop Size:
Ground floor – 875 sqft Approx.
At the rear Kitchen 200 sqft Approx.
1st Floor – 400 sqft Approx.
2nd Floor – 350 sqft Approx.

Turnover: £10,000 Per Week

Rent: £45,000 Per Annum

Rates: £9000 Per Annum

Restaurant got A3/A5 Licence.

Tenure: Leasehold
17 lease remaining under landlord tenancy act.

Trading hours:
Monday to Saturday – 10:00 AM to 11:00 PM
Sunday – 10:00 AM to 10:00 PM

Additional Potential: The business can grow by adding a breakfast, pizza and burgers to its menu. It can also offer other types of coffee besides Turkish coffee. It has an alcohol license and can create an outdoor seating area.

The business is marketed for the goodwill of in the excess of £80,000 plus SAV it including all the fixtures and fittings.

For further information, please contact the BTC Commercial and Investment team on 0208 889 7474 or commercial@btcint.com.

Is stock included:
NA

Listed By:

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