Highly Reputable Walthamstow London Restaurant for Sale, 15-Year Success, Leasehold
Walthamstow, London
- Status
FOR SALE
- Date Submitted:
21/06/23
- Advert ID
515300
- Leasehold: £350,000
- Turnover: £182,000 (£3,500 Per week)
- Net Profit: Not Applicable
Key Features
- Fully Fitted
- Established Business
- Unique Business
- Town Centre location
Business Details
Reputable Restaurant in Walthamstow Hight Street London for sale
A highly reputable restaurant is up for sale in the bustling Walthamstow High Street, London. The business has been successfully established for 15 years, with the current owner managing the establishment since its inception. This long-established restaurant is being sold as a leasehold, with the asking price set at £350,000. The restaurant boasts a healthy turnover of £182,000 generated from the business, as well as additional rental income from an accompanying flat. Further details about this income can be provided upon request.
The restaurant enjoys a prime location on a busy high street, surrounded by major retailers, train station, and supermarkets, ensuring a significant amount of passing footfall. In addition to the unique food offerings that set it apart, the restaurant is known for hosting private events on weekends, complete with live music. The sale will include all fixtures and fittings, and it's worth noting that turnover has been on the rise over the past year.
Accompanying the sale is a fully furnished, two-bedroom flat which includes a living area. This residential space is currently generating income. The reason behind the sale is the owner's intention to explore new ventures after dedicating 15 years to the restaurant industry.
The restaurant currently operates from 11am to 10pm, with extended hours on Fridays and Saturdays until 2am through an available license. The well-organised staff includes four employees who help keep the establishment running smoothly. The business has a strong online presence with an established presence on Google, Facebook, and a partnership with the food delivery platform UberEats. The restaurant maintains a high rating across these platforms.
Willing to provide training opportunities for new owners, this sale offers an excellent opportunity to invest in a thriving business. For complete details and further information, please contact the current owner.
Map
What's Nearby
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
