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Popular Cantonese Restaurant in Central London/Hyde Park For Sale

Westminster, London, UK, ID 267692

Popular Cantonese Restaurant in Central London/Hyde Park For Sale 1
Popular Cantonese Restaurant in Central London/Hyde Park For Sale 1
Asking price:
GBP£198 000
Turnover (per year): £430 000 gbp
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Description

Well-established and successful Cantonese restaurant located close to Hyde Park and Paddington in a highly desirable trading area.The business benefits from strong local customer loyalty, a high-net-worth residential catchment, and substantial tourist footfall during peak seasons, supported by numerous nearby hotels. The restaurant has built an excellent reputation with consistently positive customer reviews.The premises include a private lower-ground dining room that can also be used as additional seating during busy periods. Further accommodation comprises three customer toilets and two storage rooms, providing practical operational facilities.Conveniently located within walking distance of Lancaster Gate Underground Station, the business enjoys excellent accessibility and strong ongoing trading potential.

Details

Real Estate: Lease
Equipment cost: 30 000
Employees (ppl): 2
Reason for selling: Retirement
Asking price: 198 000 gbp
Turnover (per year): 430 000 gbp
Rent (per year): 78 000 gbp

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