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City of London, City of London, SW4

£240,000

Business rates & charges may apply

Hilton Smythe, Bolton
SECTOR
Restaurant for sale

Key features

  • Ref:B06450
  • Leasehold

Property description

Business
Please quote reference B06450

Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally well run and performing, turnkey Greek restaurant with an excellent reputation gained from long standing quality service and produce.

Trading since 1997, Sappho Meze Bar has been under the ownership of the current owner. Only now has the business come to the market as our client looks to move back to his home country.

This popular restaurant offers a warm and friendly environment for guests to enjoy their evening meal with the business offering a quality Greek dining experience with the main restaurant area being able to cater for 45 covers.

There is genuine scope to increase turnover with the undertaking of a robust marketing campaign via local press, social media, and further promotion of the dedicated website.

This is a highly desirable business and would be a very attractive proposition for either an experienced operator looking for an additional business with an attractive income stream or an individual looking for an established & risk free entry into the sector.

Reasons to buy:

  • Extremely well-established business with an enviable reputation and many existing repeat customers
  • Beautifully presented creating the ultimate dining experience
  • Ideal owner managed, family ran or partnership business
  • All fixtures and fittings included making this a real Turnkey business opportunity
  • Current owner would be happy to offer a handover to ensure the continued success
  • Little or no competition locally
Very rarely do businesses of this calibre come to the open market therefore, early viewing would be highly recommended to avoid disappointment.



Location
The restaurant occupies a fantastic trading position on one of the main retail streets in this very busy modern shopping town centre.

Benefiting from car parking in the proximity and surrounded by complementary businesses ensuring heavy footfall in the area throughout the day.



Premises
The restaurant is in a large 2 storey terrace, with excellent eye-catching signage.

Upon entrance is the main seating area with access behind the bar area to the kitchen.

The kitchen is fully equipped to suit the trade and stainless-steel washing area.

To the rear of the kitchen there is a storage area and separate WC.



Tenure
We are advised that the business is being sold on a Leasehold basis, with 2 years remaining on the 9 year lease. The rent is £1,950 per month and has £231 rates payable per month. 



Hours
The business hours are -

Monday - 10:30 - 23:30
Tuesday - 10:30 – 00:00
Wednesday - 10:30 – 00:00
Thursday - 10:30 – 00:00
Friday- 10:30 – 00:00
Saturday - 10:30 – 00:00
Sunday - 10:30 – 00:00



Staff
We are advised that the business has 2 full-time and 2 part-time members of staff. 



Financial Profile
We are advised that the business generates a turnover in the region of £200,000. Full financials can be made available upon further request. 

Please quote reference B06450



City of London, City of London, SW4

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Clapham North Station0.0 miles
  • Clapham High Street Station0.1 miles
  • Clapham Common Station0.4 miles

About Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

At Hilton Smythe, we sell businesses. For those looking to buy or sell in the UK, we act as a bridge between buyer and seller. We pride ourselves on making the business sales experience more transparent, fair and enjoyable for buyers and sellers alike.

We market businesses using multiple market leading platforms and channels all with the aim of achieving the best price and outcome for our clients.

We’re a young, fresh and driven group of people with the knowledge and experience ne

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Notes

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Disclaimer - Property reference B06450. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilton Smythe, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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