£70,000
Restaurant for saleHaddo, Greenwich, London SE10
About this property
Hello, We are offering our restaurant for sale, located in Greenwich. Please see the details below.
Location
The restaurant is situated in Cutty Sark, Greenwich, close to Greenwich University and nearby student accommodation. It is a 2-minute walk to Cutty Sark station and a 9-minute walk to Greenwich station.
Cuisine History
The premises previously operated as a Turkish restaurant until 2021, then as an English and Indian restaurant until 2023, and is currently trading as a Peruvian restaurant.
Sales & Capacity
Sales of up to £5,000 per week
Seating capacity for 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
Rent: £16,000 per annum
Opening Hours & Licence
Open from 6:00 am to 11:00 pm
Alcohol licence in place
Business Potential
Potential to achieve sales of up to £8,000 per week
Strong base of loyal local customers
High student footfall, with demand for student meal deals and tiffin services
Multiple nearby student accommodations suitable for expanding tiffin delivery services
Opportunity to collaborate with Greenwich University by operating a food stall on campus, with food prepared at the restaurant
Opportunity to trade at Greenwich Market using the restaurant as the main kitchen
Future growth potential due to upcoming redevelopment of nearby council buildings
Equipment Included
All current furniture
Cutlery, crockery, and food stock (subject to levels at sale)
TV and speaker system
2 sinks and 1 rinse spray unit
CCTV cameras
Refrigeration: 2 large service fridges, 1 medium service fridge, 1 small service fridge, 1 large freezer, 1 chest freezer, and 1 medium freezer
Coffee machine
3 display fridges
Hot case
2 doner machines
2-deck pizza oven
2 fryers
Flat grill and griddle
Meat mincer
4 microwaves
Salamander grill
Charcoal grill
Food processor
Dough machine and various small kitchen equipment
All equipment is in good working condition.
Location
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Council tax band not yet known
Ground rent
Ground rent date of next review
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