Restaurant/cafe for sale in London, England, United Kingdom SW11

Ref 8134 – Leasehold Established Sushi Restaurant
Blacks Brokers are pleased to bring to the market this leasehold established sushi restaurant located in London.

Introduction

Yano Sushi was established by our client in this bustling area of London close to Clapham and Battersea in 2018. The business offers contemporary Japanese cuisine to dine in or takeaway. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation with a five star food hygiene rating and superb reviews are noted on Google, Trip Advisor and Uber Eats. Yano Sushi has a comprehensive website in place.

Location

Yano Sushi occupies a high street trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers and large multiples such as Sainsbury’s Local, Tesco and many more. There are also a number of amenities and attractions nearby including Clapham Junction Train Station, Clapham Common Underground and the former home of Natsume Sōseki - which is located just around the corner. Natsume Sōseki is a Japanese Novelist best known for being a scholar of British literature and writer of Haiku, Kanshi, and fairy tales. The area is well linked with very strong public transport links and parking is available in the surrounding area.

Reason for sale

The business is ideally suited to a hands-on owner-operator but due to our client’s desire to relocate aborad, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

Lease

The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a five year lease which began in 2018 at a cost of £365 per week. A new lease and rent will be negotiated upon completion.

Staff

The business operates with four members of staff in employment supporting our client working on a full time basis. Staffing includes two chefs and one sous chef.

Financial details

Yano Sushi has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending October 2022 show annual turnover of £193,450 and gross profit of £81,861. Full financial information is available upon request.

Summary

This well established business occupies an enviable trading position in a sought after and central area of London. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new marketing drive, stronger use of social media and offers for locals. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £99,995.

Please quote ref: 8134