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Prime Location Turkish Restaurant In Orpington London For Sale

Orpington, Kent, UK
Asking Price:
£160,000
Turnover:
£676,000
Net Profit:
£50K - £100K

Business Details

Established Turkish Restaurant In Orpington For Sale

Type of Business: Turkish & greek restaurant
Location:
Situated in a prime High Street location, Orpington, Kent
Features:
Forecourt with seating for 12 persons
Rear garden with seating 30 people
5-star hygiene rating
At present, it operates as Turkish & Greek cuisine, which could obviously be continued.
SPACIOUS GROUND FLOOR RESTAURANT in the region of 3,350 ft. with quality wood strip floor, inset spotlighting, and hanging lighting. Air conditioning. Tables & chairs, plus upholstered bench seating, provide seating for 70 people. BAR, 2 double-door glass-fronted counter fridges, 1 single-door glass-fronted counter fridge, coffee machine, coffee grinder, sink, and wine fridge. CCTV system (4 cameras, 1 monitor).
Ground floor disabled cloakroom with w.c. & wash hand basin
LARGE LEVEL KITCHEN with quarry tiled floor, tiled walls, and stainless steel extractor. Charcoal grill, 6-burner gas cooker with oven, double deep fryer, meat fridge, double door stainless steel fridge, 4-door counter pizza fridge with refrigerated topping section, 2 double sinks each with drainer, dishwasher, glasswasher, walk-in cold room, etc.
FIRST FLOOR in the region of 1,700 ft.
Ladies' & gentlemen's cloakrooms, each with a WC and wash hand basin
Turnover
Opening Hours
Staff
It should be noted that on the first floor is a large area currently used for storage, with 2 deep freezers, 1 double-door fridge, and an ice machine. In our opinion, this large area has terrific potential for redevelopment, subject to planning permission. We are advised there is potential for 5 studio flats or indeed, 3 2-bedroom flats, which, if undertaken, could provide a substantial rental income, if desired.
Turnover currently averages £13,000 p.w. with a gross profit of approximately 65% . (£1,500 Deliveries)
7-day week
MONDAY - SATURDAY 12 noon p.m.
Sunday, noon–9.30 p.m.
The business is currently operated by the vendor, with 3 full-time & 4 part-time staff.
Outside
Tenure
Rear garden with parking space for 3 cars.
The premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £45,000 p.a.
Business Rates from April 2023: £11,000 approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018 AND IS SOLELY OFFERED FOR SALE

Property Information

Property:

Leasehold

Lease Terms:

10 years from 2020

Leasehold Rent:

£45,000 per annum

Location:

Orpington Bromley

Premises Details:

Established Turkish Restaurant

Business Operation

Expansion Potential:

There is upstairs, waiting for permission to build rooms,

Trading hours:

Sundays 12:00 till 22:00
Monday to saturday 12:00 till 23:00

Employees:
7
Years established:
2009

Other Information

Support & training:

I can help the buyer 3 months if needed

Website:
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