£359,995

Restaurant for sale

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Just added
Business

£359,995

Restaurant for sale

City Of London, England, United Kingdom W2

Local area information

Property location

Nearby amenities

  • Edgware Road Bakerloo 0.1 miles
  • Ark King Solomon Academy 0.2 miles
  • Edgware Road Circle 0.2 miles
  • L'Ecole Bilingue Elementaire 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Paddington, Lisson Grove and Marylebone to find out more about the local area.

Features and description

Business
Please quote reference B09045

Cogogo invites you to step into the vibrant world of Fantasia Grill House - a dynamic restaurant and takeaway in the heart of London!

Renowned for its lively atmosphere, mouth-watering menu, and stellar late-night service, this business is now up for grabs. Whether you're an experienced restaurateur or a passionate newcomer with big culinary dreams, this is your opportunity to own a fully operational and much-loved eatery in a prime location.

Fantasia Grill House enjoys an enviable location in bustling London - a city that never sleeps and always eats! The restaurant benefits from heavy footfall, excellent visibility, and close proximity to local amenities, nightlife, and transport links. It's the ideal setup for dine-in, takeaway, and delivery services - all of which are already in motion.

Established in 2013 and run by the same owner ever since, the business has developed a loyal customer base and a strong local presence. It's currently operated by a compact team of three and delivers a fantastic service experience that's reflected in glowing online reviews and a solid social media following. The reason for the sale? The owner is pursuing other business interests, creating a golden opportunity for someone new to take the reins.

This business still has bags of potential. A new owner could expand trading hours, enhance marketing strategies, and capitalise on its strong social media presence. With active Instagram and Facebook pages, as well as a slick website, there's already a solid foundation in place to build upon.

Fantasia Grill Hours is ready for its next exciting chapter - and you'll be the one to write it. Whether you're looking to expand your portfolio or launch your hospitality journey, this is a rare and unmissable chance to own a popular, high-traffic restaurant in one of the world's most exciting cities.

Get in touch with Cogogo today. Click ‘Contact Seller, Send Enquiry or Contact Broker’ now to learn more, ask questions, or arrange a private viewing.

Location
Fantasia Grill House of 28 Praed St, London W2 1NH.

Premises
The premises span a well-fitted ground floor dining area and a functional basement, providing ample space for both customer service and behind-the-scenes operations. The overall setup is stylish, modern, and fully equipped - you can walk in and start trading from day one.

Tenure
The property is leasehold with 11 years remaining on the current lease, and the rent is a competitive £70,000 per annum - very reasonable considering the location and setup.

Hours
Currently trading 7 days a week:

Monday to Wednesday - 12:00 pm to 1:00 am

Thursday to Saturday - 12:00 pm to 1:30 am

Sunday - 12:00 pm to 11:00 pm

There's scope to extend hours even further and introduce daytime promotions or brunch menus to boost trade.

Staff
The business is currently run by a team of three, keeping operations lean and efficient while maintaining top-quality service. This makes it a perfect acquisition for an owner-operator or a team looking to grow with the brand.

Financial Profile
We are advised that the business generated a turnover of £300,000. Full financials can be made available upon request.

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Cogogo. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cogogo for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. West London
  5. Paddington
  6. Praed Street