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Turkish Restaurant Available for Sale or Rent on Croydon High Street, London

Croydon, London
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Turkish restaurant for  ( Sale or Rent ) in Croydon High Street Photo 1
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Turkish restaurant for  ( Sale or Rent ) in Croydon High Street Photo 3
Turkish restaurant for  ( Sale or Rent ) in Croydon High Street Photo 4
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Turkish restaurant for  ( Sale or Rent ) in Croydon High StreetTurkish restaurant for  ( Sale or Rent ) in Croydon High StreetTurkish restaurant for  ( Sale or Rent ) in Croydon High StreetTurkish restaurant for  ( Sale or Rent ) in Croydon High StreetTurkish restaurant for  ( Sale or Rent ) in Croydon High StreetTurkish restaurant for  ( Sale or Rent ) in Croydon High StreetTurkish restaurant for  ( Sale or Rent ) in Croydon High Street
  • Status

    FOR SALE

  • Date Submitted:

    28/02/24

  • Advert ID

    607581

  • Asking Price: Price on Application
  • Turnover: £364,000 (£7,000 Per week)
  • Net Profit: On request

Key Features

  • Fully Fitted

Business Details

Turkish restaurant for ( Sale or Rent ) in Croydon High Street

The business under discussion presents an excellent opportunity, located in a burgeoning area. The reason it is available is because of the current owner's inability to manage it due to other commitments. He is engaged in managing two other businesses and has significant family commitments. He is finding it challenging to maintain a healthy work-life balance. Furthermore, he lacks the time to recruit the right personnel including chefs, adding to the burden. Optimal operation of the business would benefit from a takeover by a family with a sound understanding of the restaurant sector.

The current leaseholder prefers to sell the business outright but is open to the possibility of subleasing, contingent on an appropriate deposit. The monthly rent is £2500, with an additional £270 per month as rate charges. The restaurant's seating capacity downstairs is 60. Additional seating is available upstairs which is currently used for hosting parties and celebrations.

The establishment boasts a warm, inviting atmosphere enhanced by tasteful interior design and soft lighting. The walls are adorned with decorative artwork and modern chandeliers, adding an elegant touch. There is a well-equipped bar area which includes a high-quality espresso machine and stocks an extensive range of wines and spirits. Customers can choose from booth and table seating options in the comfortable dining space for casual dining or intimate gatherings. Emphasis on cleanliness and maintenance ensures the venue is always in excellent condition. For more information call (available on request)

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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.

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