£70,000
Restaurant for saleHaddo Street, Greenwich, London SE10
Just added
Leasehold
About this property
Council tax band: tbc
Restaurant for Sale-Prime Location in Greenwich
We are offering a fully equipped restaurant for sale, located in the highly desirable Cutty Sark area of Greenwich. The premises are ideally situated close to Greenwich University and multiple student accommodations. It is a 2-minute walk from Cutty Sark station and a 9-minute walk from Greenwich station, ensuring excellent footfall and accessibility.
Restaurant Overview
The restaurant has successfully operated under multiple cuisines over the years. It was previously a Turkish restaurant until 2021, then an English and Indian restaurant until 2023, and is currently operating as a Peruvian restaurant. Weekly sales reach up to £5,000, with seating available for up to 40 customers, both indoors and outdoors.
Sale Details
Asking price: £80,000
10 years remaining on the lease (renewable)
6 months" rent deposit
No business rates
Annual rent: £16,000
Opening Hours and Licensing
Operating hours: 6:00am – 11:00pm
Alcohol licence in place
Business Potential
The restaurant has strong growth potential, with projected weekly sales of up to £8,000. There is an established base of loyal customers, along with a large student population that regularly uses student meal deals and tiffin services. Numerous nearby student accommodations offer excellent opportunities to expand tiffin and delivery services.
Additional opportunities include partnering with Greenwich University to operate a food stall on campus, preparing food in the restaurant and serving it at the university. There is also the option to operate a stall at Greenwich Market using the same kitchen facilities. Furthermore, upcoming redevelopment of nearby council buildings into new developments will significantly increase future demand and foot traffic.
Equipment Included
The sale includes all current furniture, cutlery, crockery, and existing stock. Equipment includes:
Television and sound system
CCTV cameras
Two sinks and one rinse spray unit
Two large service fridges, one medium service fridge, one small service fridge
One large freezer, one chest freezer, and one medium freezer
Coffee machine
Three display fridges
Hot food display case
Two doner machines
Two-slot pizza oven
Two fryers
Flat grill and griddle
Meat mincer
Four microwaves
Salamander grill
Charcoal grill
Food processor
Dough machine
Various additional small kitchen equipment
All equipment is in good working condition.
Restaurant for Sale-Prime Location in Greenwich
We are offering a fully equipped restaurant for sale, located in the highly desirable Cutty Sark area of Greenwich. The premises are ideally situated close to Greenwich University and multiple student accommodations. It is a 2-minute walk from Cutty Sark station and a 9-minute walk from Greenwich station, ensuring excellent footfall and accessibility.
Restaurant Overview
The restaurant has successfully operated under multiple cuisines over the years. It was previously a Turkish restaurant until 2021, then an English and Indian restaurant until 2023, and is currently operating as a Peruvian restaurant. Weekly sales reach up to £5,000, with seating available for up to 40 customers, both indoors and outdoors.
Sale Details
Asking price: £80,000
10 years remaining on the lease (renewable)
6 months" rent deposit
No business rates
Annual rent: £16,000
Opening Hours and Licensing
Operating hours: 6:00am – 11:00pm
Alcohol licence in place
Business Potential
The restaurant has strong growth potential, with projected weekly sales of up to £8,000. There is an established base of loyal customers, along with a large student population that regularly uses student meal deals and tiffin services. Numerous nearby student accommodations offer excellent opportunities to expand tiffin and delivery services.
Additional opportunities include partnering with Greenwich University to operate a food stall on campus, preparing food in the restaurant and serving it at the university. There is also the option to operate a stall at Greenwich Market using the same kitchen facilities. Furthermore, upcoming redevelopment of nearby council buildings into new developments will significantly increase future demand and foot traffic.
Equipment Included
The sale includes all current furniture, cutlery, crockery, and existing stock. Equipment includes:
Television and sound system
CCTV cameras
Two sinks and one rinse spray unit
Two large service fridges, one medium service fridge, one small service fridge
One large freezer, one chest freezer, and one medium freezer
Coffee machine
Three display fridges
Hot food display case
Two doner machines
Two-slot pizza oven
Two fryers
Flat grill and griddle
Meat mincer
Four microwaves
Salamander grill
Charcoal grill
Food processor
Dough machine
Various additional small kitchen equipment
All equipment is in good working condition.
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