Indian restaurant with hmo property

Description

Established Indian Commercial Restaurant with HMO Property for Sale – Lewisham,
Spice of life
Asking Price: £120,000 (offers invited)
Location: Lewisham
Lease: 8 years remaining with open lease
Rent: £25,000 per annum
Rates: £0
VAT: £0
Covers: 40
Turnover: £5,500+ per week (6days evenings only)
A fantastic opportunity to acquire this thriving, well-established 40-seater, double-fronted Indian restaurant in a prime Lewisham location. The business is currently trading strongly with steady and consistent weekly turnover, alongside the added benefit of a valuable HMO property above.
HMO Property Included:
• 5-bedroom flat above
• Rental income: approx with 5 rooms £3,800–£4,000 per month
• Annual rental income: approx £48,000–£50,000.
Planning already in place to create a 6th room.
HMO income potential up to £55,000 per year if anyone making the 6th room .
The restaurant is fully-equipped spacious kitchen, a generous storeroom, and a spacious basement, offering excellent operational workspace and storage potential.
With a respected brand built over 45 years, this business is well-known for its high-quality food, service, and loyal customer base. There is further potential to grow trade through menu development, delivery platforms, and stronger digital marketing.
The current owners are selling due to other business commitments. Full details will be provided upon inspection. Viewing strictly by appointment only. No time wasters — genuine buyers only. Request details for viewing and further information

Ad ID: 1508823641