Exceptional Investment Opportunity: Restaurant/Takeaway + HMO in Kingston!Don't miss this rare chance to acquire a thriving restaurant/takeaway business along with a well-established HMO (House in Multiple Occupation) in the flourishing city of Kingston. This prime property on Fife Road offers a winning combination of convenience, profitability, and growth potential.Investment Highlights:Established Business: Founded in 2020, the restaurant has quickly built a solid reputation, boasting weekly sales of £16,000 to £17,000. This impressive performance yields a monthly turnover of approximately £60,000 with significant potential for further growth.Dual Income Streams: With 7 bedrooms available in the HMO above the restaurant generating £4,500 per month, you will enjoy a steady income from both the restaurant and the HMO. The total annual income from the entire property exceeds £120,000, providing a secure return on your investment.Prime Location & Accessibility: Positioned just a 1-minute walk from Kingston Station and in close proximity to major highways (A307 and A308), your business benefits from high visibility and easy accessibility. Off-road parking ensures convenience for customers and staff alike.Vibrant Surroundings: The location is surrounded by key amenities including Kingston University, shopping destinations such as The Bentall Centre, Marks and Spencer, and TK Maxx, and prominent schools like Kingston Grammar School and Tiffin School. This area attracts significant foot traffic, making it an ideal spot for your restaurant and takeaway services.Special Features: The lease includes the established franchise (brand), allowing for immediate recognition and customer loyalty. If preferred, the trading name can be omitted, providing flexibility in your business branding. Plus, the property is fully equipped with all the necessary equipment and fittings to operate a successful chicken shop.Strong Security & Recent Upgrades: The property includes a robust security system with CCTV and burglar alarms for peace of mind. Recent renovations to the flats and roofs ensure a well-maintained property with minimal immediate investment required.Flexible Landlord: With a 6-year open lease remaining, you will have peace of mind with a landlord who is understanding and flexible. A new lease can be applied for new tenants, streamlining the transition process.Extended Trading Hours: Take advantage of extended hours, especially on weekends, with a license allowing operation until 2:00 AM on Fridays and Saturdays—catering to nightlife and late-night customers.Your Next Step:This opportunity is not just about buying a property; it’s about securing a profitable business with a multi-faceted income stream in a bustling area of Kingston. Whether you're an experienced restaurateur or a first-time investor, this venture promises growth, stability, and a solid reputation in the community.Act Now! Opportunities like this are rare. Contact us today at 077 46 25 37 63 to learn more and arrange a viewing. Don't let this chance pass you by—transform your entrepreneurial dreams into reality in the heart of Kingston!
Tenure : Leasehold
- Length of Lease : 7 Years