£70,000

Restaurant for sale

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Just added
Leasehold

£70,000

Restaurant for sale

Haddo Street, Greenwich, London SE10

Local area information

Property location

Nearby amenities

  • James Wolfe Primary School and Centre for the Deaf 0.1 miles
  • St Alfege with St Peter's Church of England Primary School 0.1 miles
  • Cutty Sark 0.2 miles
  • Greenwich 0.2 miles

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

Read our area guides for Greenwich, Island Gardens and Deptford to find out more about the local area.

Features and description

  • Leasehold
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.

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. Maze Hill
  6. Haddo Street