City of London, London, ID 168985
This is a well-established bar and restaurant business operating from a double-fronted premises of approximately 1,300 ft² with a 4-star hygiene rating. The business averages a weekly turnover of £10,500, with a gross profit margin of around 65%. Premises & Facilities: * CCTV system with 6 cameras * Laminate flooring, sound-proof ceiling with spotlights, wall and pendant lighting * Customer waiting area * Seating for 56 customers (expandable) * Bar area with touch-screen EPOS, under-counter fridges, glass washer, coffee machines (leased), grinder (leased), wine cooler, and sound system Kitchen & Equipment: * Open-plan stainless steel kitchen with extractor, burner hob with oven, Falcon grill, double-basket deep fryer, Rationale oven, microwave, bain-marie, toaster, 3 under-counter fridges, chest freezer, ice cream freezer, dishwasher, double sink, hand wash basin, stainless steel prep table * Walk-in fridge Other Areas: * Ladies’ cloakroom: 2 cubicles, wash hand basin * Gents: 1 cubicle, 1 urinal * Basement (~689 ft²) used for private functions, with 65” smart TV * Additional storage room with chest freezers Financial & Sale Details: * Asking price: £249,000, including goodwill, fixtures, and fittings * Stock at valuation * Substantial loan available to approved applicants This turnkey operation is ideal for an experienced operator or investor looking for a high-turnover hospitality business with private function space and established facilities.
