Turkish Restaurant in Wimbledon, 10K Weekly Revenue, Lease Until 2031, Available Now
Wimbledon, London
- Status
FOR SALE
- Date Submitted:
01/05/24
- Advert ID
610633
- Reference
RPS-19435_WIMBLEDON_RESTAURANT / Rightbiz
- Call Agent:
- Leasehold: £190,000 (Stock at valuation)
- Rent: £20,000
- Turnover: £520,000 (£10,000 Per week)
- Net Profit: Not Applicable
Key Features
- Established Business
- Price Reduced
- Adjacent to Multiple Retailers
- Fully Fitted
- Prime Location
- Offers Invited
- Attractive Business
- High Turnover
- Potential for Alternative Use
- Price Further Reduced
- Close to Local Amenities
Business Details
Fully Fitted Turkish Restaurant for Sale in Wimbledon with Revenue of 10K per week
Turkish Restaurant for Sale in Wimbledon. Fully Fitted & Well Maintained.
Rent: £20,000 PAX | Lease: Ending 2031 (Inside the Act) | | Circa 883 Sq Ft | Selling due to Health Issues
MAIN FEATURES
- Beautiful 50 cover Turkish restaurant
- Outdoor seating for up to 10 guests
- Busy Suburb in near Wimbledon
- Revenue: Circa £10,000/week (gross sales)
- Pre-COVID Revenue: £11,000/week (gross sales)
LEASE DETAILS
- Lease: Ending on 26th May 2031
- Rent: 20,000/year
- Rent Review Term: Every 5 years
- Next rent Review: May 2026
- Premium: £190,000 plus SAV (Goodwill, Lease & FF&E)
THE LOCATION
- SW20, Wimbledon
- Busy Suburb in Wimbledon
THE PREMISES
- Fully Fitted Restaurant
- Rateable Value: £14,000
- Payable Business Rates: Circa £4,680
- Total Area: Circa 883 sq. ft
- Extra External Storage Space available at £130 pcm (Circa 157 Sq ft)
- Covers: 50 | Outdoor Seating: 10
- Two Owner Car Park Space
- Opening Hours Hours: Tue-Sat: 12pm-10pm & Sun: 10am-10pm (Monday closed)
- Permitted Hours: 11am-12am
KITCHEN FIXTURES & FITTINGS
- Walk-in Fridge x 1
- Walk-in Freezer x 1
- Dishwasher x 1
- Microwave x 1
- Mezze Fridge x 1
RESTAURANT
- Open Plan Kitchen with Extraction
- Charcoal Grill x 1
- 6 Burner Cooker x 1
- Fryer x 1
- One, Two & Three Door Prep Fridges x 1 (one each)
- Air Condition
- Two Televisions
- Tables & Chairs
BAR
- Drinks Fridge x 4
- Ice Machine
- Ice Cracker
- Juice Machine
- Turkish Tea Kettle
- Cocktail Sink x 2
- Draught Beer x 2
- Music System
- CCTV
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements.
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information are provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
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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
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