Halal Turkish Restaurant for Sale in London with Late Night Licence
Undisclosed, London
- Status
FOR SALE
- Advert ID
653207
- Leasehold: £395,000
- Rent: £55,000 (£4,583 per month)
- Turnover: £1,092,000 (£21,000 per week)
- Profit: On request
Key Features
- Leasehold sale opportunity
- Beautifully fitted restaurant
- Close proximity to local amenities
- Convenient takeaway services
Business Details
Halal Turkish Restaurant Established 20 Years Late Night Licence
Exceptional Restaurant Business for Sale – Prime High Road Corner Location
An outstanding opportunity to acquire a well-established restaurant in one of the most prominent corner unit positions on the High Road. Trading successfully for over 20 years, the business has built an excellent reputation, benefiting from strong brand recognition, high levels of repeat custom, and exceptional passing footfall.
Key Business Highlights:
Weekly turnover of approximately £21,000
Annual rent: £55,000
Business rates: £14,000 per annum
Rare 5:00am premises licence, allowing trading until 5am, 7 days a week
5 Star Hygiene Rating for many years
Prime corner location with excellent visibility and constant foot traffic
Long-established business with consistent sales and proven profitability
The restaurant is currently operated entirely under management, with the owner not involved in the day-to-day running of the business. This presents significant potential for an owner-operator to further increase profitability through hands-on management and tighter operational control.
Although the current owners do not serve alcohol for religious reasons, the premises benefits from a fully renewed alcohol licence, which is maintained annually at a cost of just £180. This offers a valuable opportunity for a new owner to introduce alcohol sales and substantially increase revenue.
This is a rare chance to acquire a highly profitable, fully established restaurant with a coveted late-night licence, excellent trading history, and considerable scope for future growth.
This is the perfect opportunity for experienced restauranteurs to purchase a already running and profitable business, with no risk.
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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.
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.
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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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