Licensed Turkish restaurant for sale in the City of London with a 4-star hygiene rating
City of London, London, ID 168985
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Description
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 systemKitchen & 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 fridgeOther 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 freezersFinancial & Sale Details:* Asking price: £249,000, including goodwill, fixtures, and fittings* Stock at valuation* Substantial loan available to approved applicantsThis turnkey operation is ideal for an experienced operator or investor looking for a high-turnover hospitality business with private function space and established facilities.
Details
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