Thai Restaurant with Bar in East London For Sale

Situated in a parade, residential area, EAST LONDON

Turnover £ 4,750
Price £97,000

Features

Licensed Thai Restaurant & Bar

DOUBLE FRONTED CORNER RESTAURANT in the region of 1,000 ft², tiled floor, spot lights & Hanging lights. Bar with 9 drafts, 2 x under counter drinks display fridge (glass fronted upright double-door), EPOS till, CCTV system (2 cameras)

Tables and chairs providing seating for 60 People.

Kitchen, stainless steel extractor unit, Cooker (Gas 8-burner), deep fryer (2 pan), grill, double sink and drainer, fridges, freezers, stainless steel preparation tables, microwave.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin..

Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 - £5,000 p.w. with a Gross profit of 65% approx. (25% via portals)

Staff

The business is at present operated 3 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - THURSDAY 4pm - 10pm
FRIDAY - SUNDAY 1.30pm - 10pm

Outside

Rear yard & Garage

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £26,500 p.a.

Business Rates from April 2026 £9,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £97,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 48,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote