Licensed Turkish Restaurant and Bar for Sale in City of London

Description

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 basinBar & Equipment:* Electric cash register, coffee machine (2-group), grinder, knock-out drawer, under-counter fridges, ice maker, wash hand basinKitchen:* 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 freezerOther Amenities:* Ladies’ cloakroom with toilet and wash hand basin* Gentlemen’s cloakroom with toilet and wash hand basinFinancial & Sale Details:* Asking price: £350,000, including goodwill, fixtures, and fittings* Stock at valuation* Substantial loan available to approved applicants* Secure renewable lease includedThis 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.