A Stylish, Well Equipped, Modern Restaurant with Sizeable Kitchen Available for Lease or Rent in Croyden

Description

Splendid 40 cover restaurant historically specialised in fine British dining. The restaurant is strategically located in a busy high street in Croyden and has brand new equipment, kitchen facilities, and ample seating space. It also has parking space at the front of the store.

The business is currently closed and is now available for a new concept to be introduced.

The business would make an ideal investment for a prospective buyer to either continue as a modern British restaurant or change to any other type of cuisine, coffee house, dessert parlour or bar.

The business is offered for sale due to the previous proprietary relocating. A new and enthusiastic owner can maintain and grow the existing client base and food option or introduce a new concept.

Asking Price - £24K per annum – Lease of 2 years for £48k and is extendable

Key Features:

- Great location in central Croydon

- New, Large and modern fully-equipped restaurant with ample seating

- Beautifully presented, well-maintained

- Significant scope for future expansion

- New proprietor can introduce their own concept

- Ready for occupation now

Property Details: Leasehold

Location: A busy high street location in the heart of Croyden

Reason for Sale: Relocation

Premises Detail: The premise is very spacious with the Kitchen area at 8m x 4m, Dining Room is 12m x 5.5m, and Still Room is 2m x 3m with good fixtures, fittings, furniture, and equipment that have all been newly refurbished and installed.

Competitive Overview: There are other restaurants in the area but the footfall is significant and the location alone will draw in enough business.

Potential Growth: Great potential for expansion and development. The restaurant does not have an operating website and little marketing is conducted. There is future scope to partner with Just Eat, Deliveroo, Uber Eat, Hungry House, Taste Card and Gourmet card. 

Our View: This is a highly unusual opportunity to acquire a beautifully presented, well established fully functional restaurant in a great location. There is little need for any fit out costs so a new proprietor could open very quickly.

Early viewing is very highly recommended.

PLEASE NOTE:

For additional details or to arrange to view the business, please contact Transworld Business Advisors UK on +44 (0) 1372 540 989 or via email at nsaleh@tworlduk.com

To arrange for a viewing or for any other enquiries, please get in touch! ..

Listing Details

• Listing Number: 62394-709308
• Location: Greater London, England
• Price: 48,000
• Down Payment: 0
• Sellers Discretionary Earnings: 0
• Category: Restaurants


• Inventory: 0
• FF&E: 0
• Employees:
• Years Owned:
• Reason for Selling: Moved locations