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Restaurant for sale in Tower Hamlets near Canary Wharf with operational readiness

Tower Hamlets, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    633690

  • Leasehold: Price on Application (Stock at valuation)
  • Turnover: On request
  • Profit: On request

Key Features

  • Ideal for Full Refurbishment
  • Small Business
  • Attractive Business
  • Fully Fitted

Business Details

An excellently located restaurant to sell in Canary Wharf Limehouse

A Local Favourite in Limehouse – Now Seeking a New Owner

Situated between the vibrant pulse of Canary Wharf and the quaint charm of Limehouse, this beloved restaurant presents a rare opportunity for potential buyers. With a history spanning over five decades, it has firmly established itself as a local fixture renowned for its excellent cuisine, loyal customer base, and welcoming atmosphere.

The restaurant boasts a bright and spacious interior of approximately 380 square meters,  ( with approx. 200 sqm of front area , and 180 sqm kitchen and storage. featuring a striking double-fronted shopfront that attracts foot traffic day and night. Equipped with a fully operational kitchen and an A3 license, the space is ready for immediate operation. There is also ample opportunity for new owners to mold the restaurant to their vision, whether that means continuing the current concept or reinventing it entirely.

This is not merely a restaurant; it is a trusted name in the community with a stellar reputation. Perfect for someone ready to skip past the initial setup phase and dive into managing a promising and attractive business.

Key Features:

  • Established name with a strong reputation
  • Prime location just steps from Canary Wharf
  • Consistent foot traffic, day and night
  • A3 license already in place
  • Fully equipped kitchen, ready for immediate use
  • Around 380 sqm of versatile space
  • Unique combination of character and commercial potential

For those looking to capitalize on an exciting opportunity in a well-situated restaurant, this is a chance not to be missed. If you feel that this could be the right fit for you, let's discuss further.

Additional Information:

  • Years Established: The business has been operating in its current location for over 50 years.
  • Current Ownership: The existing owner has run the business for over 10 years.
  • Nearby Amenities: The area is rich with shops, restaurants, and takeaway options, complemented by excellent public transport links.
  • Online Presence: Yes, the business maintains an online presence.

This established Chinese restaurant, located in the bustling town center of Tower Hamlets, London, is available as a leasehold opportunity. The asking price is available upon request. This small business is ideal for refurbishment or alternative use, making it an attractive proposition for prospective buyers.

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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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