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Well Established Shisha Bar & Restaurant For Sale

North London,London,UK, ID 138378

Asking price:
GBP £55 000
Turnover (per year): £312 000 gbp
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Description

Shisha Bar and Restaurant for Sale – North London

An opportunity is available to acquire a long-established shisha bar and restaurant operating in North London. The business has been under the same ownership for the past 15 years and benefits from a stable customer base, consistent weekly turnover, and a proven operating model.

Key Facts

  • Well-established shisha bar and restaurant
  • Full A3, A5 and alcohol licence (licensed until 00:30)
  • Reported turnover: approximately ?6,000 to ?7,000 per week
  • Two-storey premises with a private rear garden shisha lounge
  • Same owner for the last 15 years

Business Overview

The venue operates with full A3, A5 and alcohol permissions, allowing a broad food and drink offer alongside shisha service. Weekly turnover is reported at approximately ?6,000 to ?7,000, indicating steady demand and an established customer base.

Premises and Layout

The business trades from a two-storey property, offering flexible seating and service areas across both floors. A key differentiator is the private rear garden space, which is used as a dedicated shisha lounge and supports evening trade and higher customer dwell time.

Lease and Property Costs

  • Tenure: leasehold
  • Rent: ?20,400 per annum
  • Lease term: 15-year lease with approximately 4 years remaining

Deal Structure

The business is priced to sell at ?55,000 for the leasehold interest, plus stock at valuation. A 50% partnership option is also available for buyers seeking an alternative entry route, with further details available on request.

Summary

This is an opportunity to acquire a well-established shisha bar and restaurant with consistent weekly turnover, late trading permissions, and a distinctive two-storey layout including a private garden shisha lounge. The business offers a stable foundation with scope for further growth under new ownership.

Details

Real Estate: Lease
Asking price: 55 000 gbp
Turnover (per year): 312 000 gbp

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