Authentic Turkish Restaurant & Grill in South East London

London, Greater London
REF: R07014

Asking Price:
£250,000
Annual Turnover:
£625,000
Annual Net Profit:
£250,000
Featured
REF: R07014

Overview

Tenure:
Leasehold
Established:
2015
  • High street location - heavy footfall
  • Open until late
  • Authentic food and lively ambience
  • 5* hygiene rating
  • 200 covers
  • Excellent financials
  • Alcohol License upon application

The business for sale is an authentic restaurant specialising in delicious Turkish cuisine, situated in a prime location in South East London.

Established in 2015, the eatery is a recognised independent, renowned in the borough for its traditional, continental menu items and lively ambience.

The restaurant has obtained an outstanding reputation for its friendly service and niche food and is now for sale on a leasehold basis.

The business operates from a double glass fronted premise on a busy main road. Through the entrance, there is a service area to the left, a seating area to the right which, further along, widens to a bigger seating area a metre in. Onwards, through an open doorway leads to a private party seating area with space for 24 covers and a gents and ladies toilet on either side. To the rear left is a fully fitted commercial kitchen with coffee machine.

All areas of the premises are decorated to a high standard and within the venue there are 200 covers.

Appealing to a current takeaway or restaurant owner specialising in Turkish cuisine, the business is extremely expandable if taken on by a committed and driven buyer.

A potential buyer also has the opportunity to change the cuisine and theme of the restaurant – offering other popular continental dishes such as Chinese, Spanish, Mexican or Italian.

Implementing an effective and thorough marketing campaign would be highly beneficial in bringing in new customers. This could be done by printed leaflet drops in the local area, as well as further promotion of new dishes or special offers.

At an extremely affordable price, this business offers an equipped premises and huge growth potential for the right buyer.

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  • High street location
  • Heavy footfall
  • Central London borough location
  • Accessible by public transport
  • Nearby car parking
  • Other businesses nearby
Rent
£104,000
Rates
£12,000
Lease Term
TBC
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
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