Turkish Restaurant for Sale in Palmers Green London
Palmers Green, London
- Status
FOR SALE
- Advert ID
641988
- Leasehold: £95,000
- Rent: £32,000 (£2,667 per month)
- Turnover: £624,000 (£12,000 per week)
- Profit: On request
Key Features
- Clean restroom facilities
- Close proximity to local amenities
- Competitive leasehold price
- Long lease duration available
Business Details
Turkish Restaurant for sale in Palmers Green London
We present an exceptional opportunity to acquire a thriving takeaway business with the potential to transform it into a full-service restaurant. The property includes a spacious rear garden, perfect for renovation into an inviting outdoor seating area that can enhance the dining experience for patrons.
The interior boasts a modern and stylish design, providing ample seating capacity to accommodate guests. Equipped with a fully functional kitchen, it contains all the necessary appliances for serving authentic Turkish cuisine. This establishment enjoys a prime location, characterised by high foot traffic and excellent visibility, making it an attractive choice for diners. Furthermore, the brand has established itself as a popular Turkish restaurant and bar, adding to its appeal.
Business Overview
This business has been successfully operating for two years, with the current owner managing it for one year. The decision to sell arises from health issues, which necessitate a change in ownership. Services offered include both eat-in and takeaway options, catering to a variety of customer preferences. In addition, the restaurant is open for lunch service, expanding its reach throughout the day.
Amenities and Location
Located in the heart of the city centre, this establishment is surrounded by various amenities, including shops and public services, which draw in customers. Key features of the property include:
- Clean restroom facilities
- Close proximity to local amenities
- Competitive leasehold price
- Long lease duration available
- Accessible public transport options
- Negotiable asking price
- Storage and washing areas available
- Suitability for multiple cuisines
The leasehold is offered at £95,000, with a current turnover of £624,000. The annual rent for the premises is £32,000, representing an excellent opportunity for prospective buyers looking to invest in a well-established business.
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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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