FOR SALE
643648
Turkish restaurant for sale in the heart of Codicote, Hertfordshire. This fully fitted and modern establishment boasts a warm and inviting atmosphere, perfect for diners seeking authentic Turkish cuisine. With the capacity to seat 32 guests indoors, the restaurant features a fully equipped bar and a commercial coffee machine, providing excellent opportunities for both dining and casual coffee breaks.
The kitchen is equipped with a 2-meter charcoal grill, making it ideal for preparing delicious grilled dishes. Additionally, this versatile venue can easily be transformed into a coffee shop or adapted for various culinary concepts, allowing for further growth and diversification of the business.
Business Overview
This established restaurant has been operating for two years, and the current owner has maintained it for the same duration. Although there are only a few nearby amenities—including one Indian restaurant and two pubs—this creates a unique opportunity for the restaurant to attract local customers who seek diverse dining options.
Financial Details
The leasehold price for the restaurant is set at £89,000, with an annual rent of £16,500. This investment is well worth the potential return, given the high customer ratings and established brand reputation.
Key Features
The restaurant offers a variety of appealing features, including:
Overall, this charming Turkish restaurant presents a remarkable opportunity for prospective owners looking to invest in a thriving business in a lovely location. With its fully fitted design and potential for expansion, it is an enticing prospect for anyone wishing to enter the hospitality industry.
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.
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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.
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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.
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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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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