Charming 40-Cover Restaurant for Sale in Soho with Premises Licence and Lease Until 2026

This exceptional 40-cover restaurant opportunity is now available for sale in the heart of Soho, Westminster, one of London's most vibrant and sought-after dining destinations. The establishment presents an ideal turnkey operation for an experienced restaurateur or hospitality entrepreneur looking to capitalize on the high foot traffic and dining culture that defines this iconic London neighborhood. The restaurant is equipped with ventless extraction systems, providing operational flexibility and cost efficiency compared to traditional extraction requirements. This feature allows for a wider range of menu options while maintaining compliance with local regulations. The property operates under a valid premises licence, ensuring all necessary permissions are in place for immediate trading upon acquisition. The current lease extends until January 2026, providing the incoming owner with a defined operating period and the opportunity to negotiate renewal terms with the landlord. The annual rent is set at £45,000, which represents competitive pricing for a prime Soho location with this capacity and operational infrastructure. Financial Performance: The business has demonstrated strong revenue generation with an annual turnover of £858,000, showcasing the establishment's ability to attract consistent customer traffic in this competitive market. This substantial turnover reflects the restaurant's appeal and the robust demand for dining experiences in the Soho area. The asking price for this opportunity is £250,000, which includes the goodwill, existing fixtures and fittings, kitchen equipment, furniture, and the benefit of the current lease agreement. This represents an opportunity to acquire a fully operational restaurant with established infrastructure and the potential for immediate revenue generation. Location: Situated in Soho, Westminster, London, the restaurant benefits from one of the capital's most famous entertainment and dining districts. Soho's unique character attracts both local residents and tourists throughout the year, providing a diverse customer base and consistent demand. The area is renowned for its eclectic mix of restaurants, bars, theatres, and nightlife, ensuring high pedestrian traffic during both day and evening hours. Property Features: The 40-cover capacity provides an intimate yet commercially viable dining space, allowing for personalized service while maintaining sufficient volume for profitability. The ventless extraction system is a particularly valuable feature, reducing installation and maintenance costs while providing menu flexibility. This restaurant opportunity represents a chance to acquire an established business in one of London's most prestigious dining locations, with proven revenue performance and the operational infrastructure in place to continue trading successfully. The combination of location, capacity, and existing systems makes this an attractive proposition for buyers seeking an established hospitality business in central London.

Business Overview

What makes this business stand out.

• 40-cover restaurant in prime Soho location
• Annual turnover of £858,000
• Asking price: £250,000
• Ventless extraction system for operational flexibility
• Valid premises licence
• Lease until January 2026
• Annual rent: £45,000
• Turnkey operation with all equipment included
• High foot traffic area in Westminster, London

Financial Overview

Key financial metrics for this business at a glance.

Business Details

Location, size, and general business specifications.