- Advert ID: 646077
- (Seller ref: NW201)
Well Known Turkish Restaurant For Sale
- Location:
-
- United Kingdom
- > England
- > South East
- > London
- > North London
- > North London
- Category:
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Summary
- Asking price:
- £120,000 (Furniture / Fixtures included)
- Sales revenue:
- £200k < 500k
- Net profit:
- £65,000
- Years established:
- 1988
- Employees:
- Staffed currently by one owner and 4 full time staff, plus 3 part time staff.
Business description
Rarely offered, this Turkish Restaurant was one for the first to be established in London and as such is very well known locally with a loyal and growing clientele.
Located in the heart of London’s thriving Turkish community, the business is presented in good condition with air conditioning, seating for up to 50 outside and outside seating available in the summer. Very well located for all transport links to and from the West End, with good bus and rail links.
Rare opportunity for such a good location with a good lease in this busy and thriving part of London’s West End with a good track record of profitable trading behind it.
The business currently trades as an Turkish Restaurant currently open seven days per week, opening from 8 am until Mid-night.
Staffed currently by one owner and 4 full time staff, plus 3 part time staff.
We are advised that trade is approximately £5000 p/week
The property is arranged over the ground floor then kitchen/open grill to the rear, and basement with further kitchen facilities, internal storage and WC facilities.
GROUND FLOOR RETAIL ZONE A 17.4m2,
GROUND FLOOR RETAIL ZONE B 14.0m2,
GROUND FLOOR KITCHEN & INTERNAL STORAGE 33M2
BASEMENT/ STORAGE; 78.20m2
TOTAL 142.60m2
Shop frontage approx 4m wide. Ground Floor set up with ample space for drinks and snacks with serving counter full length towards the left. Seating for up to 50 ground floor.
Kitchen to the ground floor rear/basement.
The unit is offered in good internal condition.
Property information
- Property:
- Leasehold
- Lease terms:
- The property is held by virtue of a new 10-year full repairing and insuring lease expiring in July 2018. Passing rent is £23,400 per annum. 5 yearly reviews, next rent review March 2013.
We have not been advised regarding a further service rent.
- Location:
- Busy High Street location, with excellent local transport links through rail and bus.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- United Kingdom
- > England
- > South East
- > London
- > North London
- > North London
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