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Licensed Turkish Restaurant For Sale

North London, London, UK
Asking Price:
£405,000
Turnover:
£1,092,000
Net Profit:
Undisclosed

Alcohol licence not utilised

5-STAR HYGIENE RATING.

DOUBLE-FRONTED CORNER RESTAURANT in the region of 1,475 ft² with tiled floor, hanging lights, cool display counter with refrigerated storage section, charcoal grill, 2 kebab machines, EPOS till, CCTV system (12 cameras, 1 monitor), tables and chairs providing seating for 64 people.

Kitchen with stainless steel extractor unit, oven, deep freezes, fridge, double sink and drainer.

Walk-in coldroom.

Storeroom.

Ladies' & gentlemen's toilet with W.C. and wash hand basin.

Staff toilet with W.C. and wash hand basin.

LOCATION: Situated in a parade, main road trading position, residential and commercial area, NW London.

TURNOVER: We are informed by the owner the turnover currently averages £21,000 p.w. with a gross profit of 65% approx. (£5,000 via portals).

STAFFING: The business is at present operated by one of the partners with 7 full-time & 3 part-time staff.

PRICE: To include the secure renewable lease, goodwill, fixtures & fittings £405,000 plus stock at valuation.

Substantial loan to an approved applicant.

Additional information available including; rent, lease terms, opening hours, business rates and reason for sale via the 'Contact Broker' button.

Property Information

Property:

Leasehold