Mediterranean Turkish Restaurant and Bar for Sale in Croydon South London
Croydon, London
- Status
FOR SALE
- Advert ID
652553
- Leasehold: £275,000 (Stock at valuation)
- Turnover: £523,923 (£10,075 per week)
- Profit: £181,020 (35% Profit margin)
Key Features
- Spacious kitchen and storage
- Spacious premises layout
- Spacious prep and storage areas
- Standard rental agreements
Business Details
Mediterranean Restaurant (Turkish) and Bar for Sale in Croydon (South London)
It is the best and well known Mediterranean (Turkish) restaurant on a busy high street, running here from last 25 years, with no competition in nearby areas, people know this place for consistent taste and service.
It has all kind of food options under one roof starting from salads, wraps, burgers, pizza’s, kids meals, pastas, seafood, Shish kebabs and desserts along with a classic bar where you get all your alcohol or non alcoholic drinks
We also have breakfast and Lunch options.
Licensed Grill Restaurant
5 STAR HYGIENE RATING
DOUBLE FRONTED PREMISES in the region of 1,415 ft² WITH ELECTRIC SHUTTERS & CANOPY, tiled floor, hanging lights. Bar with fridges, EPOS till, wine cooler (glass fronted), CCTV system (9 cameras, 1 monitor).
Tables and chairs providing seating for 52 People.
Open plan kitchen area, stainless steel extractor unit, charcoal grill, pizza oven (2-deck), Cooker (Gas 6-burner), 2 fridges, freezer.
Walkin coldroom.
Ladies' & gentlemen's Toilet with w.c. and wash hand basin.
Basement, used for storage purposes.
Walkin freezer room.
Stock room, wine cooler (glass fronted), fridge, 3 deep freezes.
Turnover
The turnover currently averages £15,000 p.w. with a Gross profit of 65% approx. (£3,500 via portals)
Accounts 30th November 2025 show sales of £523,923, with a GP of £181,020
Along with this restaurant we have the lease of the accommodation above the restaurant.
Accommodation
THE SELF CONTAINED ACCOMMODATION (HMO Licence Pending) at present let on a shorthold tenancy providing a rental income of £3,400 per month. The accommodation comprises:
5 Bedrooms (4 double (£750 each per month), 1 Single (£400 per month).
Kitchen.
Bathroom with bath and Shower, w.c. and wash hand basin.
Tenure
The premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £42,000 p.a.
Business Rates from April 2026 £5,600 approx
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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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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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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.
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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.'.
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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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