Mediterranean
MEDITERRANEAN RESTAURANT & SHISHA LOUNGE South London – Colliers Wood BUSINESS FOR SALE ASKING- 700K Established 14 Years | 250 Covers | Shisha Lounge | Cocktail Bar | 3 Residential Units Established Mediterranean restaurant and shisha lounge in a prime South London location, close to Colliers Wood Station and major retail parks. KEY HIGHLIGHTS • Turnover: £32K–£34K/week* • Rent: £90K/year • Accommodation Rental Income: £60K/year • Effective Net Rent: Only £30K/year • Business Rates: £18K/year • Lease: 9 years remaining • 250 Covers • Staff: 20 • Opening: 12 PM – 1 AM • Sponsorship Licence: Can be arranged • Shisha & Cocktail Bar • Outdoor Seating • 2 Cold Rooms • Free Car Parking • All Fixtures & Fittings Included ACCOMMODATION INCLUDED The premises include 3 residential units: • 1 × 3-Bedroom • 1 × 4-Bedroom • 1 × 2-Bedroom These currently generate approximately £60,000 per year in rental income, reducing the effective annual restaurant rent from £90K to just £30K. Reason for sale- Other business Commitments GROWTH POTENTIAL Excellent opportunity to expand through private functions, events, shisha, cocktails, catering, delivery and extended trading. Large venue | Strong customer base | High visibility | Excellent footfall | Significant rental income Viewings strictly by appointment. Serious buyers only. Turnover and rental figures to be verified.
