Grill restaurant with alcohol license & 10 years lease

A newly established restaurant in Woolwich, London, with both alcohol and shisha licenses, has been put up for sale. This recently inaugurated business is a promising investment opportunity due to its favourable location and decreasing competition in the area.

The leasehold price for the property is £200,000. The lease accompanying the property is brand new with a duration of 10 years. Furthermore, the lease includes a valuable clause detailing a fixed rent price for the entirety of its tenure. Offers nearest to the stated price are welcome.

Located in a prime spot in London, the restaurant is conveniently positioned with numerous nearby transport links. The Docklands Light Railway (DLR) and underground railway stations are just a few minutes' walk away for ease of access. Additional transportation conveniences include the Woolwich Ferry and various bus routes that also service the area. Spanning from the main road to the town centre, the restaurant's central location allows easy access to the O2, Canary Wharf, and Stratford, all within a quick 15-minute commute. There is little to no competition in the vicinity, thus setting a clear advantage for the business.

Woolwich is undergoing rapid development with six new flat constructions already in the works and potential for more development in the pipeline. There is an advantageous opportunity to expand the business by tapping into the morning commuter's breakfast rush, boosted by the growing number of workforces in the area.

The sale of the restaurant includes all fixtures and fittings. It boasts a sizable capacity of 200 to 250 covers with an exclusive shisha area. There's also a DJ booth and private area available for hire for various events and birthdays. Convenient free parking is available in front of the property after 6:30 pm and additional parking facilities nearby.

The restaurant comes fully equipped with a storage room and complete kitchen with 6 fridges. Additional amenities include 4 toilets and a basement area for extra storage. The reason for sale is due to a change in health circumstances of the current owner.

Operating times are from 7am to 11:30pm on weekdays, 7am to 12:30am on Fridays and Saturdays, and 7am to 11pm on Sundays. There is potential to extend these operating hours with an alcohol license. The current business operation consists of 9 employees.

The present owners are committed to ensuring a smooth transition post-sale, and are therefore willing to offer training opportunities to the new management. For detailed and comprehensive information about this business, interested parties are requested to get in touch.