Contemporary Turkish Restaurant and Takeaway For Sale

Istanbull Grill, Luton Town Centre

£45,000 pa

Property Information

  • Available from 18 Oct 2023
  • Reference number veco_944411366
  • Property Type Restaurant
  • Floor / Land Area 1614 sqft

Key Feature

  • Restaurant

Property description

Venture Commercial are pleased to introduce the opportunity to purchase this highly reputable and contemporary Turkish Restaurant and Takeaway. The restaurant is in good condition and well presented, with Class E use and measuring approximately 1,614 sq ft. This is a Business for Sale with the premises to Let.

The Property measures approximately 1,614 sq ft and comprises of an open plan kitchen, seating area for 45 people (approx.), WC, a open grill counter where food is prepared and cooked in front of the customers, with the kitchen to the rear of the property that is well kept and ample. All fixtures, fittings and kitchen equipment will be included in the sale.

The Business has previously achieved a turnover of between £5,000 and £6,000 per week (approximately) solely on Uber Eats and Just eat. There is scope for a potential turnover of £12,000 - £15,000 if the restaurant is fully operational with customers dining in the premises. The business is being sold at a premium of £50,000 fee which includes goodwill, fixtures, and fitting.

This Business Sale of a highly reputable brand with an established customer base and potential for further growth is a opportunity not to be missed.

Term - Available on a new FRI lease for £45,000 per annum plus VAT with a premium in the region of £50,000 (including goodwill and all fixtures and fittings) for a term to be agreed.

Tenure  : Leasehold

Deposit amount  :   £4,326.90


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