African Restaurant & Bar + 7‑Room Accommodation – Woolwich, London
Asking Price: £219,995 Leasehold + SAV
REF: PSC1011
A Rare, High Performing Business With Built In Rental Income
Overview
After 5 successful years of running this much loved African restaurant and bar in the heart of Woolwich, I’m ready for a lifestyle change. This is a fantastic opportunity for someone who wants a profitable, established business with multiple income streams and a strong local following.
The business is fully operational, well known in the area, and offers a genuine “earn from day one” setup thanks to the exceptional accommodation income above the premises and has a prime location that benefits from close proximity to local amenities. This is an excellent opportunity for those looking to enter the thriving hospitality industry.
A brand new 20 year lease signed in March 2025 gives long term stability and makes this a secure, future proof investment.
Key Highlights
Strong Weekly Turnover
• Restaurant & bar turnover: £6,000 - £8,000 per week
Exceptional Accommodation Income
- Self contained flat above the business
- 7 rentable rooms
o 5 en suite rooms
o 2 rooms with shared facilities
- Current rental income: £55,800 per year (including bills)
- This income alone exceeds the total building rent.
Fully Licensed & Ready to Trade
- A3 licence
- Late licence until 2am on Friday, Saturday and Sunday
- Ideal for dining, bar trade, events, and nightlife
Low-Risk, High-Return Setup
- Total building rent: £48,000 per year
- Accommodation income covers the rent and still leaves profit before the restaurant even opens its doors.
Prime Woolwich Location
- Busy area with strong footfall
- Surrounded by residential, retail, and transport links
- Consistent customer base and strong community presence
Fully Equipped & Ready to Trade
- Well maintained kitchen
- Bar area with seating
- All fixtures, fittings, and equipment included (SAV applies)
Proven Track Record
- Successfully trading for 5 years
- Loved running the business — selling only due to lifestyle change
PPS Private Sellers Club:
Please note, this business is advertised privately by the seller via PPS.
PPS will forward your enquiry and details to the seller, who shall remain responsible for contacting you about their business sale.
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