Turkish Restaurant for Sale in Wimbledon

  • Leasehold £240,000
  • £20,000/Year
London SW20, UK
REDUCED AVAILABLE BUSINESS & LEASE FOR SALE

Turkish Restaurant for Sale in Wimbledon

London SW20, UK
  • Leasehold £240,000
  • £20,000/Year

Description

Turkish Restaurant for Sale in Wimbledon. Fully Fitted & Well Maintained.

Rent: £20,000 PAX |  Lease: Ending 2031 (Inside the Act) | | Circa 883 Sq Ft | Selling due to Health Issues


MAIN FEATURES

  • Beautiful 50 cover Turkish restaurant
  • Outdoor seating for up to 10 guests
  • Busy Suburb in near Wimbledon
  • Revenue: Circa £8,000/week (gross sales)
  • Pre-COVID Revenue: £11,000/week (gross sales)

LEASE DETAILS

  • Lease: Ending on 26th May 2031
  • Rent: 20,000/year
  • Rent Review Term: Every 5 years
  • Next rent Review: May 2026
  • Premium: £240,000 plus SAV (Goodwill, Lease & FF&E)

THE LOCATION

  • SW20, Wimbledon
  • Busy Suburb in Wimbledon

THE PREMISES

  • Fully Fitted Restaurant
  • Rateable Value: £14,000
  • Payable Business Rates: Circa £4,680
  • Total Area: Circa 883 sq. ft
  • Extra External Storage Space available at £130 pcm (Circa 157 Sq ft)
  • Covers: 50 | Outdoor Seating: 10
  • Two Owner Car Park Space
  • Opening Hours Hours: Tue-Sat: 12pm-10pm & Sun: 10am-10pm (Monday closed)
  • Permitted Hours: 11am-12am

KITCHEN FIXTURES & FITTINGS

  • Walk-in Fridge x 1
  • Walk-in Freezer x 1
  • Dishwasher x 1
  • Microwave x 1
  • Mezze Fridge x 1

RESTAURANT

  • Open Plan Kitchen with Extraction
  • Charcoal Grill x 1
  • 6 Burner Cooker x 1
  • Fryer x 1
  • One, Two & Three Door Prep Fridges x 1 (one each)
  • Air Condition
  • Two Televisions
  • Tables & Chairs

BAR

  • Drinks Fridge x 4 
  • Ice Machine
  • Ice Cracker
  • Juice Machine
  • Turkish Tea Kettle
  • Cocktail Sink x 2
  • Draught Beer x 2
  • Music System
  • CCTV 

VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.


DISCLAIMER

The above information are provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Details

Updated on September 15, 2023 at 2:13 pm
  • Price: Leasehold £240,000
  • Size: 883 Sq Ft
  • Covers: 50-60
  • Use: Restaurant
  • Type: RESTAURANTS
  • Status: REDUCED, AVAILABLE

Overview

  • RESTAURANTS
  • Type
  • 883
  • Sq Ft

Contact Information

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