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Restaurant for sale

York Street, Twickenham, Middlesex, TW1

Guide Price £95,000

Property Description

Commercial information

  • Business for sale

Key features

  • Superb sushi restaurant with 24 covers
  • Advised takings average 5,000 - 6,000 per week, high net profit margins
  • Excellent high street location close to Twickenham Stadium
  • Loyal domestic and commercial customer base, little competition

Full description

Tenure: Leasehold

DESCRIPTION
ISO Sushi is located on the main high street within the well populated and affluent area of Twickenham, Middlesex. The town is extremely busy throughout the day with commercial clients and local residents as the business is surrounded by a large number of residential dwellings along with independent retailers, other restaurants serving all tastes along with national chains such as Prezzo.

The majority of income comes from clients who use the take away or delivery service although there is a steady flow of clients eating in during the day, as ISO is one of only two sushi restaurants within the town. Due to the close proximity to Twickenham Stadium, the business enjoys match days, especially during the Six Nations along with a minimum of 12 matches per year plus days such as the Army .v. Navy. Another aspect of the business is the on line ordering via Just Eat.

The business was established by our client in 2014 under the ISO Sushi brand which also operates in Isleworth and Wolverhampton. ISO is a popular destination restaurant operating with 24 internal covers providing authentic sushi cuisine seven days a week.

Since opening the business the current owner has established a loyal customer base from both walk in trade and being able to cater for private parties along with a large data base of corporate clients from the surrounds area but also further afield to areas such as Ealing and Southall.

All areas of the restaurant are presented in good condition due to the refurbishment which was carried out in 2014 and with a rear extension providing additional space and a larger fully commercial kitchen.


The business would ideally suit an owner operator to maximize profits and to continue to build on the already excellent reputation built up since the business opened. The business could also increase the level of income achieved by obtaining an alcohol licence.

SALES
We have been advised that current sales average 5,000 - 6,000 per week.

ACCOUNTS
Current records and accounts can be inspected after viewing by genuinely interested parties.

TRADING HOURS
Monday - Saturday 11:00 to 23:00
Sunday 11:00 - 22:00

STAFF
Currently managed by the owner along with 2 full time members of staff and 5 delivery drivers.

PROPERTY
The business operates from the ground floor of a highly visible, deceptively spacious period property on the main high street among other independent retailers and national chains. The property has under gone a full re fit since our client took ownership in 2014 and is now presented in excellent condition throughout. A rear extension was also added which is used for storage and also benefits from a small managers office.

RESTAURANT AREA
Open plan in design, with a light and airy feel providing a total of 24 covers arranged on various size tables.

The main restaurant area has a welcoming entrance with large full shop width picture window providing lots of natural light, fully tiled floor, inset lighting and an open plan serving area which overlooks the commercial kitchen which can also be seen from the seating area.

ANCILLARY AREAS
The business operates with a fully commercial kitchen which was redesigned and replaced in 2014 and includes various commercial fridges and freezers, twin stainless sinks, stainless prep table with chilled station above. Extraction facilities and 6 burner gas hob.

Rear storage area with small office.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the business is held on a new 15 year lease from April 2014 with an annual rent of 24,000 inclusive. Business rates are approx. 5,000 per annum

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
An excellent opportunity for a an experienced operator to take this business on to the next level by further developing the loyal customer base which has been built up in a short period of time.

An internal viewing is highly recommended to fully appreciate the overall location and superb restaurant opportunity which is highly rated on Trip Advisor.


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