£60,000

Restaurant for sale

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Just added
Leasehold

£60,000

Restaurant for sale

Walmer Terrace, Plumstead, London SE18

Local area information

Property location

Nearby amenities

  • Plumstead 0 miles
  • St Patrick's Catholic Primary School 0.1 miles
  • Waterside School (SEN) 0.2 miles
  • Woolwich 0.6 miles

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

Read our area guides for Plumstead, Woolwich and North Woolwich to find out more about the local area.

Features and description

  • Leasehold
Council tax band: tbc

Opportunity to Acquire a Newly Fitted Sushi & Juice Bar in a Prime Location

An excellent opportunity to acquire a modern Sushi & Juice Bar in a high-footfall location, adjacent to a train station. The business benefits from consistent daily trade, a contemporary fit-out, and significant potential for growth.

Key Features:

Open 6 days per week

5-Star Food Hygiene Rating

Seating for approximately 45 customers

Double-fronted premises with electric shutters

Prime location with strong commuter and local footfall

Growth Potential:
The business enjoys a steady flow of customers, with clear opportunities to increase turnover by:

Extending opening hours to 7 days per week

Expanding the menu to include desserts, cakes, sandwiches, and cold breakfast options

Maximising commuter traffic due to the excellent location

Premises & Equipment:
Approx. 1,125 sq ft double-fronted unit, comprising:

Laminated strip flooring and hanging feature lighting

Sales counter with 4 LED menu boards

epos till system

Fridge, freezer, and CCTV system (8 cameras, 1 monitor)

Open-plan kitchen includes:

3-group commercial coffee machine with grinder

2 juicers and 3 blenders

Ice machine and dishwasher

Sushi refrigerated display counter

Freezer display counter

Microwave and hot water dispenser

Additional Facilities:

Ladies" and gents" toilets with wash hand basins

Basement storage area with 2 tall fridges and 4 deep freezers

Financials:
The owner reports average weekly takings of approximately £3,000 with a gross profit of around 65%.

Staffing:
Currently operated by a husband and wife team (part-time) with one part-time staff member.

Trading Hours:

Monday to Saturday: 9:00am – 6:00pm

Further sales potential by extending hours

Tenure:

Secure renewable lease from 2024

10-year lease with 3-yearly rent reviews (next review 2027)

Current rent: £30,000 per annum + VAT

Business rates: Approx. £2,500 per annum from April 2025 (subject to confirmation)

Reason for Sale:
Owned since December 2024, offered for sale due to the owner"s other business commitments.

Asking Price / Goodwill: £50,000 - £60,000
Includes:

Secure renewable lease

Goodwill

Fixtures and fittings

Stock at valuation

More information

Property descriptions and related information displayed on this page are marketing materials provided by - B&K Estates. 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 B&K Estates for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Plumstead
  6. Walmer Terrace