City of London, London, ID 168986
This is a well-established restaurant and bar business with a 5-star hygiene rating, generating an average weekly turnover of £10,000 and a gross profit margin of approximately 65%. Premises & Facilities: * Single-fronted premises (~900 ft²) with CCTV (12 cameras), marble flooring, plasterboard ceiling with spotlights * Front seating for 4 customers * Tables and chairs providing seating for 45–50 customers * Basement premises (~1,076 ft²) with a function room seating 40, bar, dance floor with lighting, and Bluetooth speakers * Staff room with shower, toilet, and wash hand basin Bar & Equipment: * Electric cash register, coffee machine (2-group), grinder, knock-out drawer, under-counter fridges, ice maker, wash hand basin Kitchen: * Separate stainless steel kitchen with extractor, double-basket deep fryer, 6-burner hob, oven, charcoal grill, microwave, plate warmer, large meat fridge, triple-door drinks fridge, double sink and drainer, stainless steel prep table * Walk-in cold room and walk-in freezer Other Amenities: * Ladies’ cloakroom with toilet and wash hand basin * Gentlemen’s cloakroom with toilet and wash hand basin Financial & Sale Details: * Asking price: £350,000, including goodwill, fixtures, and fittings * Stock at valuation * Substantial loan available to approved applicants * Secure renewable lease included This turnkey operation is ideal for an experienced hospitality operator or investor seeking a high-volume bar and restaurant with function room facilities, basement space, and fully equipped kitchen and bar.
