1. Property photo 1 of 37 A Successful Restaurant For Sale In Elephant And Castle
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  3. Property photo 3 of 37 Gallery

£215,000

Restaurant for sale
London SE17

    Leasehold
    Added on 27/02/2025

    About this property

      Weekly Revenue Insights: With impressive annual sales figures totaling £481,000, this business enjoys an estimated weekly turnover of around £9,250.

      Business Rates: The monthly business rate is a manageable £400.

      Insurance Contribution: As a tenant, you will contribute to building insurance, which typically falls within the £1,500 to £2,000 range annually.

      Rent payable- The annual rent for the premises is £43,000
      The business has been running successfully for 5 years


      There are 15 years remaining on the lease



      Extensive Storage Solutions: This property boasts a spacious storage area, featuring multiple rooms and a cold room, as detailed in the provided floor plan—perfect for optimal inventory management.

      Convenient Parking: Customers will benefit from ample public parking facilities, enhancing visitor accessibility.

      Dedicated Staff: Our trained staff are ready and eager to stay on with the new owner, ensuring a seamless transition. The current owner is relocating to Dubai, which presents a unique opportunity for continuity in operations.
      Training will be provided.


      Healthy Net Profit: The reported net profit reflects a well-run operation, already accounting for staff wages and all operational costs, signifying a robust financial foundation for the new owner.

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      Monthly repayment

      £1,075 per month

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      The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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