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Licensed Tooting Restaurant And Takeaway For Sale

Tooting, London, UK
Asking Price:
£75,000 Furniture / Fixtures included
Turnover:
On request
Net Profit:
On request

Exceptional opportunity to acquire a fully fitted restaurant and takeaway premises in one of South London's busiest food and retail destinations. Benefiting from a prominent corner position, high footfall seven days a week and a valuable 2am licence, this site is ideally suited to a wide range of quick-service restaurant and takeaway concepts.

The premises extend to approximately 1,400 sq ft over ground and first floor levels. The ground floor features a fully equipped commercial kitchen and customer seating area, while the first floor provides additional customer seating for approximately 30 covers together with customer facilities. The layout offers an efficient operational setup and is ready for immediate occupation.

Situated within a highly established food and retail destination, the premises benefit from exceptional pedestrian traffic throughout the day and late into the evening. Surrounded by major national operators and leisure businesses, the location attracts local residents, commuters, shoppers and visitors, creating strong trading potential throughout the week.

With a long secure lease until 2039, late-night trading licence and fully fitted kitchen already in place, this represents an outstanding opportunity for independent operators, franchise groups and established food brands looking to expand within a proven London trading location.

Enquire today for further information or to arrange a viewing.

Property Information

Property:

Leasehold

Lease Terms:

20-year lease from February 2019 expiring February 2039. Lease protected within the Landlord and Tenant Act 1954. Rent reviews every five years, with the next review due in February 2029.

Lease Rent:
£58,000 per sq ft per annum
Location:

Occupying a prominent corner position within a busy South London high street location. The area benefits from substantial footfall, excellent transport links and a strong concentration of national and independent food operators.

Premises Details:

Fully fitted restaurant and takeaway premises arranged over ground and first floors. Ground floor includes customer seating and fully equipped commercial kitchen. First floor provides approximately 30 covers together with customer facilities.

Size in square feet:
1,400 sq ft
Planning Consent:

Class E planning use.

Business Operation

Expansion Potential:

Opportunity to increase seating capacity, expand delivery operations, enhance late-night trading and introduce new food concepts to maximise turnover.

Competition / Market:

Located amongst a variety of established quick-service restaurants, takeaway operators, retailers and leisure businesses, generating significant customer traffic throughout the day and evening.

Reasons for selling:

Lease Assignment

Trading hours:

As permitted by premises licence.

Premises licence permitting late-night refreshment until 2:00am seven days per week.

Other Information

Support & training:

By Agreement