Jamaican and Caribbean restaurant lease for sale in a high footfall area
Undisclosed
- Status
FOR SALE
- Advert ID
658204
- Reference
JERW13 / Rightbiz
- Call Agent:
- Leasehold: £100,000 (Stock at valuation)
- Rent: £24,960 (£2,080 per month)
- Turnover: £325,287 (£6,256 per week)
- Profit: Not Applicable
Key Features
- Established customer engagement
- Family-friendly environment
- Friendly staff service
- Fully equipped operational space
Business Details
Jamaican & Caribbean Restaurant lease for Sale in London busy area with high footfall
GALAXY REAL ESTATE PROUDLY PRESENTS TO THE MARKET
An exciting opportunity to acquire a well-established Jamaican and Caribbean restaurant in London, offering an authentic menu inspired by the vibrant flavours of the Caribbean.
The premises benefit from a fully fitted commercial kitchen, including extraction, cooking equipment, stainless-steel preparation areas, refrigeration and other fixtures and fittings, allowing an incoming operator to continue trading with minimal setup.
The business is ideally suited to an experienced restaurateur, takeaway operator or entrepreneur looking to establish or expand their presence in London’s food and hospitality market. There is also potential for a new owner to introduce their own concept, subject to the necessary consents.
Key Features: fully fitted commercial kitchen; established restaurant/takeaway premises; extraction system and professional catering equipment; suitable for eat-in, takeaway and delivery operations; opportunity to continue the existing Caribbean concept or introduce a new cuisine; and good potential for further business growth.
Business Sale Details:
Financial Information:
Rent: £2,080 per month
Business Rates: TBC
Weekly Sales: Approximately £6,000–£6,500
Trading History: Approximately 2.5 years
Lease Details:
Approximately 9.5 years remaining
Lease renewable
Next rent review: December 2026
Rent reviewed every 3 years
Permitted Use:
A3/A4/A5 Restaurant and Cafes/Drinking Establishments and Hot Food takeaways
Premises:
Seating capacity for up to 40 customers
Building insurance: Approximately £580 per year
Bin collection: £150 per month, with weekly collection
Staff:
2 full-time staff
2 part-time staff
Utilities:
Approximately £500–£600 per month
Delivery Platforms:
The business currently operates with:
Uber Eats
Just Eat
Delivery platform commission: 30%
Trading Hours:
Current trading hours: 1:00 PM – 10:30 PM
Permitted trading hours: Until 12:00 AM
Current opening days: Wednesday to Sunday
Closed: Monday and Tuesday
Alcohol Licence:
Alcohol sales are currently operating under TENs (Temporary Event Notices).
Asking Price:
£100,000, including fixtures and fittings, with stock additional at valuation.
AGENCY FEES APPLY
This is an excellent opportunity to acquire a profitable and respected fast food business in a busy location. Early viewing is highly recommended.
Enquiries & Viewings:
If you would like to enquire or book an appointment, please contact us:
| Sivi Babbar | 07865974908 |
| 0208 004 1111 | [email protected]
Contact Agent
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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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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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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.
Be safe, use a Rightbiz Solicitor
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