Location Tangia Ltd is located in Tooting, City of London.
The restaurant is situated on a very busy main London high street in Tooting Broadway. There is a busy parade of mixed operators both A3 and retail. The area is also surrounded by densely populated residential properties.
Tooting is located 5 miles south west of Charing Cross. Tooting is a prime location for any bustling business, the town has all amenities, this includes parks, church, school, hospital and a leisure centre. There was a population of circa 16,239 as of the 2011 census.
The main high street location allows for a generous amount of footfall and passing trade. The road on which the restaurant is set is just minutes away from the A24, an arterial a-road that runs into Central London.
As well as great road connections, this location further benefits from exceptional public transport links. Tooting has its own train station this has direct lines into London which is a 25-minute commute. There are also bus stops dotted around, with regular routes into surrounding towns.
Description The business was originally established by our client in 2014. The owner is now looking to sell the business, due to the desire to focus on other business commitments.
The business runs as an authentic Moroccan restaurant offing the very best cuisine. There is an exceptional menu which includes koftas, fish platters, meatballs, lamb dishes, couscous, salads and a great selection of desserts. The restaurant is fully licenced and also stocks an array of wines, spirits and beers.
Dishes can be eaten inside the well-decorated 45 cover restaurant or taken away. Tangia Ltd offer a takeaway service via Deliveroo, this is popular with the locals. Also, available at the restaurant is private function hire for birthdays, networking events, wedding receptions, hen parties, baby showers and much more.
Tangia Ltd has a website, this is easy to use and features an array of information and can be found at . The restaurant also has a Facebook page with over 1,100 followers. The page is regularly updated with photos, events and Tangia Ltd news.
This is a fantastic opportunity that would be ideal for a first-time purchaser looking for a well-established popular restaurant.
The new owner could also look to expand opening hours. The business is currently open 6 evenings a week. By opening Mondays and afternoons this could maximise the amount of custom each week.
Accommodation Tangia Ltd boasts a well-presented property. The premise is well-signed, this is clearly visible to passing trade. The front of the restaurant has bi-folding doors this opens the restaurant up to outside dining; perfect in the warmer summer months.
The property is immaculately presented throughout. The internal has a Moroccan feel this shows in the decor and furnishings. Along one wall is a large bench seating that runs from the front of the restaurant to the counter at the back of the room. There are approximately 45 covers in the restaurant, this comes fully air conditioned. The service counter is curved with bar stool seating around. Here is the till and bar area.
Through to the rear of the property is a fully equipped stainless steel trade kitchen, with large extraction system, dry stores, staffing and wash up area. There is also a rear access door to yard with parking space.
Equipment included in the sale: - Chairs Tables Service counter Till Drinks chiller Grill Deep fat fryer Hob over Hot plate Preparation tables
Full equipment list to be supplied.
Terms We are advised the business is being sold as a Leasehold opportunity.
Original lease length: 20 years.
Remaining lease length: 15 years
Rent: £25,000 per annum.
Offers are invited for the premium / goodwill of the business Guide Price £100,000
viewing Strictly by appointment only
Contact Daniella Davies at Sole Agents csj Property
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