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Contemporary Indian Café Restaurant and Bar for Sale in City of London

City of London, London, ID 168990

Contemporary Indian Café Restaurant and Bar for Sale in City of London 1
Contemporary Indian Café Restaurant and Bar for Sale in City of London 1
Asking price:
GBP£260 000
Turnover (per year): £832 000 gbp
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Description

This is a fully fitted and upscale double-fronted restaurant opportunity in a high-footfall area of London, offering a turnkey setup for a new owner.Business Overview:* Weekly turnover averages £13,000–£15,000, with seasonal peaks* Gross profit approximately 60%* Confidential sale due to high-profile location* Fully fitted to a high specification, with a new kitchen and equipment (under warranty until July 2025)* Previous investment in fit-out circa £600,000Premises:* Double-fronted, air-conditioned, approx. 800 ft²* Hardwood flooring, suspended ceiling with spotlights* Seating for 64 customers inside and 12 outside* Bar with stools for 6, sound system with amplifier, electronic cash register, under-counter fridges, glass washer, ice machine, coffee machine (2 group), grinder, knock-out drawer, countertop fridge, ice crusher, dumb waiter, and feature glass shelves* Stairs to basement approx. 463 ft²* 3 customer cloakrooms and 1 staff cloakroom* Office with secure storage* Kitchen: stainless steel extractor, dual deep fat fryers, griddles, Ten grid Eniox oven, induction hobs, plate warmer, multiple salad top fridges, under-counter freezers, upright freezers, ice machine, dishwasher, double sinks, preparation tables, and food prep sink* Walk-in fridge includedSale Details:* Leasehold business with secure renewable lease* Price: £260,000 plus stock at valuation* Substantial loan available to approved applicantsThis is ideal for an experienced operator or investor seeking a high-spec, turnkey restaurant with strong turnover and a premium location.

Details

Real Estate: Lease
Square m2: 234
Asking price: 260 000 gbp
Turnover (per year): 832 000 gbp

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