Turkish Restaurant for Sale in Wimbledon with 50Covers, Fully Fitted, Outdoor Seating & Revenue of £10,000/week

  • Leasehold Price: £225,000
  • Annual Turnover: £520,000
Wimbledon, London, England
Seller Ref:WIMBLEDON_TURKISH_RESTAURANT
For Sale

Turkish Restaurant for Sale in Wimbledon with 50Covers, Fully Fitted, Outdoor Seating & Revenue of £10,000/week

Wimbledon, London, England
Seller Ref:WIMBLEDON_TURKISH_RESTAURANT
  • Leasehold Price: £225,000
  • Annual Turnover: £520,000

Overview

Seller Ref: WIMBLEDON_TURKISH_RESTAURANT

Description

Turkish Restaurant for Sale in Wimbledon. Fully Fitted & Well Maintained.

Rent: £20,000 PAX | Lease: Ending 2031 (Inside the Act) | | Circa 883 Sq Ft | Selling due to Health Issues

MAIN FEATURES

Beautiful 50 cover Turkish restaurant
Outdoor seating for up to 10 guests
Busy Suburb in near Wimbledon
Revenue: Circa £10,000/week (gross sales)
Pre-COVID Revenue: £11,000/week (gross sales)

LEASE DETAILS

Lease: Ending on 26th May 2031
Rent: 20,000/year
Rent Review Term: Every 5 years
Next rent Review: May 2026
Premium: £225,000 plus SAV (Goodwill, Lease & FF&E)

THE LOCATION

SW20, Wimbledon
Busy Suburb in Wimbledon

THE PREMISES

Fully Fitted Restaurant
Rateable Value: £14,000
Payable Business Rates: Circa £4,680
Total Area: Circa 883 sq. ft
Extra External Storage Space available at £130 pcm (Circa 157 Sq ft)
Covers: 50 | Outdoor Seating: 10
Two Owner Car Park Space
Opening Hours Hours: Tue-Sat: 12pm-10pm & Sun: 10am-10pm (Monday closed)
Permitted Hours: 11am-12am

KITCHEN FIXTURES & FITTINGS

Walk-in Fridge x 1
Walk-in Freezer x 1
Dishwasher x 1
Microwave x 1
Mezze Fridge x 1

RESTAURANT

Open Plan Kitchen with Extraction
Charcoal Grill x 1
6 Burner Cooker x 1
Fryer x 1
One, Two & Three Door Prep Fridges x 1 (one each)
Air Condition
Two Televisions
Tables & Chairs

BAR

Drinks Fridge x 4
Ice Machine
Ice Cracker
Juice Machine
Turkish Tea Kettle
Cocktail Sink x 2
Draught Beer x 2
Music System
CCTV

VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information are provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Leasehold Terms:
Lease: Ending on 26th May 2031 Rent: 20,000/year Rent Review Term: Every 5 years Next rent Review: May 2026
Is this business relocatable:
No
Is stock included:
NA
Website address:
https://restaurantpropertysellers.com/property/turkish-restaurant-for-sale-in-wimbledon/

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