Licensed Turkish Restaurant in South London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, SW London

Turnover £ 6,000
Price £149,000

Features

Licenced Turkish Restaurant

FORCOURT WITH SEATING FOR 10/12.
5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 900 ft² with tiled floor, hanging light, Air conditioning with hot air. Bar with cash register, 4 fridges, Tables and chairs providing seating for 50 People.

Open plan kitchen area, stainless steel extractor unit, charcoal grill, Cooker (Gas 10-burner), air fryer, hot pot, freezer, 2 x fridge, dishwasher.

Walkin coldroom.

Walkin Freezer room..

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 65% approx. (£600 via Deliveroo)

Staff

The business is at present operated by the vendor with 1 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 10pm
SUNDAY 12 noon - 9pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2011 with reviews every 5 years (next review 2031) at a current rent of £20,000 p.a.

Business Rates from April 2026 £5,340 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £149,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 74,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote