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Pan-Asian restaurant for sale in Stockwell London with seating for 70 customers

Stockwell, London
Pan asian restaurant in STOCKWELL Photo 1
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Pan asian restaurant in STOCKWELL
  • Status

    FOR SALE

  • Advert ID

    649635

  • Leasehold: £220,000 (Stock at valuation)
  • Rent: £37,000 (£3,083 per month)
  • Turnover: Not Applicable
  • Profit: On request

Key Features

  • Excellent condition and interiors

Business Details

Pan asian restaurant in STOCKWELL

Discover a vibrant Pan-Asian restaurant in Stockwell that is ready for the right individual to harness its energy and potential. With a contemporary yet inviting design, this restaurant features 70 seating options and is equipped with high-quality materials that lend themselves to an impressive dining atmosphere. Additionally, the venue boasts a substantial bar area, perfect for creating a lively social environment.

This restaurant offers the flexibility to operate from breakfast through to dinner and even late-night, catering to diverse customer needs. The existing business presents a golden opportunity for an enthusiastic operator eager to take it to the next level.

The menu is a delightful fusion of traditional and modern sushi, paired with a variety of other Pan-Asian dishes, ensuring there is something for everyone. Each dish is presented with artistic flair, enhancing the overall dining experience. The establishment has garnered a loyal customer base and boasts robust online and takeout orders, a testament to its popularity.

Located in a prime area with high foot traffic, this restaurant is well-positioned for both dine-in and delivery services, making it accessible for all. The fully equipped kitchen is fitted with top-of-the-line appliances, complemented by high-quality ingredients sourced from reputable suppliers, allowing for consistent and exceptional food preparation.

Business Details

This well-established business has been operating successfully for two years, during which time the owners have also been fully engaged. The vicinity is enhanced by various amenities, including high street shops, pubs, and upscale student accommodations. These factors contribute to a steady flow of potential customers, while the area currently faces no significant competition, allowing for an easier path to success.

The premises are being offered for a leasehold price of £220,000, with an annual rent of £37,000. The restaurant is in excellent condition, with interiors that are both modern and welcoming. The sale includes fixtures and fittings, adding further value to the offer.

Growth and Support

There has been a marked increase in turnover over the past year, a promising sign of the restaurant's potential for future growth. The current owners are looking to sell primarily due to a change in circumstances and are committed to supporting the transition by providing training opportunities to the new owners, ensuring continuity and success.

For anyone looking to step into a thriving business with a strong foundation and limitless potential, this restaurant presents an unbeatable 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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