Prime Location Turkish Restaurant with Outdoor Seating in Orpington London for Sale
Orpington, London
- Status
FOR SALE
- Date Submitted:
15/02/24
- Advert ID
606820
- Leasehold: £160,000 (Stock at valuation)
- Rent: £45,000
- Turnover: £676,000 (£13,000 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- Prime Location
- Close to Local Amenities
- Established Business
- Unique Business
- Trade Gardens Available
- High Turnover
- Accounts Available
- With Car Park
- Town Centre location
Business Details
Established Turkish Restaurant In Orpington For Sale
Type of Business: Turkish & greek restaurant
Location:
Situated in a prime High Street location, Orpington, Kent
Features:
Forecourt with seating for 12 persons
Rear garden with seating 30 persons
5-star hygiene rating
At present operates as Turkish & Greek cuisine which could obviously be continued.
SPACIOUS GROUND FLOOR RESTAURANT in the region of 3,350 ft? with quality wood strip floor, inset spotlighting, plus hanging lighting. Air conditioning. Tables & chairs plus upholstered bench seating provide seating for 70 people. BAR, 2 double-door glass-fronted counter fridges, 1 single-door glass-fronted counter fridge, coffee machine, coffee grinder, sink, wine fridge. CCTV system (4 cameras, 1 monitor).
Ground floor disabled cloakroom with w.c. & wash hand basin
LARGE LEVEL KITCHEN with quarry tiled floor, tiled walls, and stainless steel extractor. Charcoal grill, 6-burner gas cooker with oven, double deep fryer, meat fridge, double door stainless steel fridge, 4-door counter pizza fridge with refrigerated topping section, 2 double sinks each with drainer, dishwasher, glasswasher, walk-in cold room, etc.
FIRST FLOOR in the region of 1,700 ft.
Ladies' & gentlemen's cloakrooms each with w.c. WC and wash hand basin
Turnover
Opening Hours
Staff
It should be noted that on the first floor is a large area at present used for storage with 2 deep freezers, 1 double-door fridge, ice machine. In our opinion, this large area has terrific potential for redevelopment, subject to planning permission. We are advised there is potential for 5 studio flats or indeed 3 2-bedroom flats which if undertaken could provide a substantial rental income, if desired..
Turnover currently averages £13,000 p.w. with a gross profit of 65% approx. (£1,500 Deliveries)
7 Day week
MONDAY - SATURDAY 12 noon - 11 p.m
SUNDAY 12 noon - 9.30 p.m
The business is at present operated by the vendor with 3 full-time & 4 part-time staff.
Outside
Tenure
Rear garden with parking space for 3 cars.
The premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £45,000 p.a.
Business Rates from April 2023 £11,000 approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018 AND IS SOLELY OFFERED FOR SALE
Website
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
