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Fully Fitted Turkish Restaurant In Wimbledon For Sale

Wimbledon, London, UK
Asking Price:
£190,000
Turnover:
£520,000
Net Profit:
Available on request

Turkish Restaurant for Sale in Wimbledon. Fully Fitted & Well Maintained.

Rent: £20,000 PAX | Lease: Ending 2031 (Inside the Act) | Circa 883 Sq Ft | Selling due to Health Issues

MAIN FEATURES

beautiful 50-cover Turkish restaurant
Outdoor seating for up to 10 guests
Busy Suburb in near Wimbledon
Revenue: Circa £10,000/week (gross sales)
Pre-COVID Revenue: £11,000/week (gross sales)

LEASE DETAILS

Lease: Ending on May 26, 2031
Rent: 20,000/year
Rent Review Term: Every 5 years
Next rent Review: May 2026
Premium: £190,000 plus SAV (Goodwill, Lease & FF&E)

THE LOCATION

SW20, Wimbledon
Busy Suburb in Wimbledon

THE PREMISES

Fully Fitted Restaurant
Rateable Value: £14,000
Payable Business Rates: Circa £4,680
Total Area: Circa 883 sq. ft
Extra External Storage Space is available at £130 pcm (Circa 157 Sq ft)
Covers: 50; Outdoor Seating: 10
Two-Owner Car Park Space
Opening Hours Hours: Tue-Sat: 12pm-10pm & Sun: 10am-10pm (Monday closed)
Permitted Hours: 11 a.m.–12 a.m.

KITCHEN FIXTURES & FITTINGS

Walk-in Fridge x 1
Walk-in Freezer x 1
Dishwasher x 1
Microwave x 1
Mezze Fridge x 1

RESTAURANT

Open-Plan Kitchen with Extraction
Charcoal Grill x 1
6 Burner Cooker x 1
Fryer x 1
One, Two & Three Door Prep Fridges x 1 (one each)
Air Condition
Two Televisions
Tables & Chairs

BAR

Drinks Fridge x 4
Ice Machine
Ice Cracker
Juice Machine
Turkish Tea Kettle
Cocktail Sink x 2
Draught Beer x 2
Music System
CCTV

VIEWINGS AND CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers must agree to a non-disclosure agreement with our company due to the “confidentiality” requested by the client.

Strictly through Restaurant Property Sellers only.

DISCLAIMER

The above information is provided by the seller and is issued without responsibility on the part of the firm; therefore, it is not to be relied upon as a statement of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give any representation or warranty whatsoever in relation to this property.

Property Information

Property:

Leasehold

Lease Terms:

Lease: Ending on 26th May 2031
Rent: 20,000/year
Rent Review Term: Every 5 years
Next rent Review: May 2026

Leasehold Rent:

£20,000 per annum