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Reference R3059

Turkish Restaurant and Cocktail Bar in Hertfordshire For Sale

Turkish Restaurant and Cocktail Bar in Hertfordshire For Sale
Turkish Restaurant and Cocktail Bar in Hertfordshire For Sale Buy a Turkish Restaurant and Cocktail Bar in Hertfordshire For Sale

Situated in a parade, excellent trading position, town centre, HERTFORDSHIRE

Turnover £ 4,000
Price £120,000

Features

Turkish Restaurant & Cocktail Bar

6 DAYS OPENING
LIVE MUSIC LICENCE
4 STAR HYGIENE RATING.
FORECOURT WITH SEATING FOR 9 PEOPLE

TRIPLE FRONTED PREMISES in the region of 1,850 ft² with wood strip floor, hanging & wall lights, Air conditioning with hot air. Bar, cash register, Coffee Machine (2 Group), grinder, Tables and chairs providing seating for 95 People (can be expanded), CCTV system (7 cameras, 1 monitor).

Kitchen (with rear access) with stainless steel extractor unit, Cooker (Gas 6-burner), charcoal grill (3 burner), Oven, 5 x fridge, freezer, 3 x microwave, hot plate, washing machine, dishwasher, 2 x counter with refrigerated under counter storage section, etc.

Walkin coldroom.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx. (10% Per week)

Staff

The business is at present operated by the Staff with 3 full time & 2 part time staff.

Trading Hours

6 Day week
TUESDAY - SATURDAY 5pm - 10 pm
SUNDAY 12 noon - 9 pm

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) at a current rent of £42,000 p.a.

Business Rates from April 2026 £3,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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