Prime Croydon High Street Turkish Restaurant with 5-Star Hygiene Rating for Sale
Croydon, London
- Status
FOR SALE
- Date Submitted:
02/11/23
- Advert ID
602079
- Reference
/ Rightbiz
- Call Agent:
- Leasehold: £175,000
- Rent: £35,000
- Turnover: On request
- Net Profit: On request
Key Features
- Accounts Available
- Currently Closed
- Offers Invited
- Owner Financed
- Prime Location
- Ideal for Full Refurbishment
- Town Centre location
- Open Plan Trading Area
- Potential for Alternative Use
- Close to Local Amenities
- Attractive Business
- Split Level Trading Area
- Fully Fitted
- Incentives May Be Available
- Adjacent to Multiple Retailers
- Company for Sale
Business Details
Turkish Restaurant in Prime Croydon High Street location
DESCRIPTION
This recently refurbished restaurant premises is currently occupied by Anfora – a 5 star hygiene rating restaurant. The ground floor seats 150 covers with an additional 30 covers on the veranda outside. The lower ground floor holds the storerooms, a staff room, food preparation rooms and toilets. There is a facilities lift running between the ground and lower ground floors also.
LOCATION
The premises is set on a popular pedestrianised section of Croydon High Street within a short walking distance of the proposed new £1.5bn Westfield Shopping Centre Development and directly opposite a major regeneration site of over 200 flats – known as the St. George’s Walk Development. Nearby occupiers include Nandos, Turtle Bay and Five Guys. The premises is also very close to the local authority and other large business offices.
USE
The property is classed under Use E (Commercial Business & Service) which permits a much wider variety of uses than would have previously been suitable for this property, to confirm if your business would be suitable please check the explanatory memorandum provided by The Government: 200757_en.pdf
PREMIUM
POA - to include all fixtures, fittings, furniture and equipment currently in situ.
SIZE
tbc
RENT
Staggered rent of Y1: £35,000; Y2: £75,000; Y3: £80,000; Y4: £85,000
LEASE
The premises are available by way of assignment. A new full repairing and insuring lease, direct from the Landlord was issued in May 2023 of this year.
RATES
Rateable value: £77,500 (information taken from Valuation Office website).
LEGAL COSTS
Each party to bear their own legal costs.
VIEWING
Strictly by appointment via sole agents Malixons.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
