Restaurants for sale in Fulham

View the "Established Restaurant With Accommodation - London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
View More
Freehold Price: £2,300,000 Price Reduced Annual Turnover: £520,000 Gross Profit: £364,000 Annual Net Profit: £100,000
Request Details
Business Description
Established Since 1962
Annual Turnover £520,000
Gross Profit £364,000
Potential Investment Opportunity
5* Food Hygiene Rating
EPC - E
REF 5990 – Freehold Restaurant With Accommodation

Blacks Brokers are proud to bring to the market this freehold restaurant with accommodation located in a busy and densely populated area of Fulham, Greater London.

INTRODUCTION

Lily Tandoori has been trading since 1962 with our client in ownership since 1985. The business is exceptionally well-known in this area and brings the finest dining experience and top quality menu choices to it’s huge base of regular customers.

LOCATION

Lillie Road in Fulham well linked with the Talgarth Road A4, within easy access of Central London the M4 and Heathrow Airport. Chelsea Football Club and Fulham Football Club both lie close by. The area is densely populated and brings both local custom and much passing trade from visitors to the area.

REASON FOR SALE

Lily Tandoori is only being offered for sale due to our client’s retirement.

BUILDING LAYOUT AND DESIGN

The business is housed within the ground and basement floor of this spacious, four-storey property. Well branded with clear signage on display, the business stands out from the parade well.
Inside, the ground floor comprises of: the main reception and restaurant area with bar servery at the rear and customer stairwell to the basement. To the rear of the bar is access to the main kitchen, staff stairwell to the basement and a store room. The ground and basement floor offers seating for up to 90. All areas are presented exceptionally well, with tasteful décor and carpeted throughout. The kitchen is extremely well-equipped with all fixtures, fittings and equipment of a high standard.
Customer and staff toilets area positioned within the basement floor and as with all areas, are presented to a good standard.

Accommodation is housed within the first, second and third floors with the first-floor housing two large bedrooms, a bathroom and two toilets. The second-floor houses two double bedrooms and one single bedroom. The third floor mirrors the second floor with two double bedrooms and one single bedroom.
All areas are well presented with good quality fixtures and fittings in place.

STAFF

Lily Tandoori is currently operating with six members of staff working on a full-time basis.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Lily Tandoori has traded solidly over its trading history. The business generates weekly takings of £10,000 with gross profit of 65%.

SUMMARY

This is a fantastic investment opportunity to acquire a property in one of London’s most affluent areas of Fulham and Chelsea.
There is also potential for a new owner to seeking planning permission should they wish to redevelop the upper floors to create 4 apartments which in this exclusive area can generate £1,000 per week in rental income with the possibility of extending the permission to 5 apartments. Fixtures:
The business comes fully furnished with fully equipped bar and professional kitchens, fully air conditioned and dumb waiter
Tenure: Freehold

Location Details: Fulham

Downloadable Documents

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
* REQUIRED
*
*
*
*
*
*
*
*
*
Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?
You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.
Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
5990
Seller Reference:
You May Also Like...
loading... 
Welcome to Daltons business. This website uses cookies. Read our Privacy Policy here