Running Indo-Chinese buffet restaurant Angara in Upton Park East London available for sale
Upton Park, London
- Status
FOR SALE
- Advert ID
635434
- Leasehold: Price on Application
- Turnover: Not Applicable
- Profit: On request
Key Features
- Prime Location
- Unique Business
- Town Centre location
- Potential for Alternative Use
Business Details
FOR SALE: RUNNING RESTAURANT BUSINESS IN PRIME EAST LONDON LOCATION
Urgent Sale: Indo-Chinese Buffet Restaurant - Angara
Location: 37B Plashet Grove, E6 1AD, East London
Business Type: Fully Equipped Running Indo-Chinese Buffet Restaurant
Established: Recently opened (2 months ago)
Lease: 20-year open lease, approximately 19 years remaining
Price: Available upon viewing for serious buyers only.
About the Business
Angara is a beautifully designed Indo-Chinese buffet restaurant situated in the vibrant area of Green Street, Newham, directly across from Chaiiwala. With vintage décor and premium interiors, it features a fully equipped commercial kitchen that is ready for immediate operation. This established restaurant offers an exceptional opportunity for investors, seasoned restaurateurs, or entrepreneurs looking to enter one of East London’s busiest culinary districts.
Key Features
- Prime location in a bustling food business area on Green Street, East London.
- Specializes in Indo-Chinese cuisine served buffet-style.
- Elegantly decorated with antiques and vintage touches.
- Seating capacity for 25 guests.
- Includes all necessary kitchen equipment, buffet stations, and appliances.
- Possibility to retain the current concept or rebrand to suit your vision.
- Surrounded by popular restaurants and cafes, ensuring high foot traffic.
Reason for Sale
The owner is selling the business due to personal emergencies requiring immediate attention. This sale is not indicative of the business's performance, which is fully operational and well-equipped.
Additional Information
Photos and videos of the restaurant are available upon request. Interested parties can search for "Angara Buffet, Green Street" on Google or ask for images via WhatsApp.
Viewings are available by appointment only, and further details, including the price, will be discussed in person after the viewing.
Disclaimer
Please, only serious buyers ready to make a decision. This is not an opportunity for timewasters.
Additional Features
The restaurant boasts a modern and inviting atmosphere with a mix of wooden and metal furnishings. Highlights include a prominent buffet setup showcasing a variety of Indian-Chinese dishes, a well-stocked bar area, and excellent signage to attract customers. The seating is comfortable and accommodates both large and small groups.
Business Operations
The restaurant was established only two months ago and is positioned in one of East London's most dynamic food and shopping districts, attracting a diverse clientele. A thorough understanding of local competition reveals a high concentration of food businesses in the area, particularly specializing in South Asian and multicultural cuisine.
The sale includes all fixtures and fittings. The fully equipped commercial kitchen features buffet stations, refrigeration, and all necessary appliances. The restaurant currently employs four staff members who handle kitchen operations, front-of-house service, and general management.
Online Presence and Support
There is a growing online presence for the restaurant, with a verified Google Business listing and active profiles on delivery platforms such as Uber Eats, Deliveroo, and JustEat. Training and handover support will be provided to the new owners, covering daily operations, kitchen equipment usage, and management of online ordering platforms.
Conclusion
This restaurant offers a unique and attractive opportunity, especially for someone looking to enter the food industry in a prime location. Interested parties are encouraged to inquire promptly to secure this exceptional business opportunity.
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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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