Turnkey multi-income hospitality site with parking and strong turnover.
Provable turnover £40,000/month with four operating revenue streams
Includes one-bed self-contained apartment for additional income
Private off-street parking for approximately 20 vehicles at rear
Full alcohol, entertainment and late-night refreshment licences in place
Leasehold with 14 years remaining — may limit mortgage lending
Very high local crime and higher area deprivation — insurance/staff risk
£50,000 fixed assets plus £23,000 stock included in sale
Annual rent £24,000; business rates £6,700 — know ongoing costs
A rare high-footfall hospitality opportunity in the heart of Barking, offered as a going concern with four income streams: licensed restaurant, shisha lounge, fully stocked bar and nightclub, plus a self-contained one-bedroom apartment. The business shows provable monthly turnover of £40,000 and comes with equipment, stock and an experienced ten-person team — making it operable from day one.
The property benefits from private off-street parking for about 20 vehicles and full licensing for alcohol, late-night refreshment and entertainment. Fixtures and fittings include a commercial kitchen, walk-in refrigeration, professional shisha kit and a DJ/sound setup, supporting multiple revenue routes including events and private hires.
Important cautions for buyers: the property is leasehold with only 14 years remaining. That limited lease term is likely to restrict mortgage lending and will require negotiation of a lease extension or cash purchase. The immediate area records very high crime and above-average area deprivation, which may affect insurance costs, staffing and some customer perceptions.
For investors or operators seeking an established, multi-use venue in East London, this sale offers immediate income and clear upside through ticketed events, VIP services, short-term rental of the apartment, or third-party delivery channels. Buyers should undertake lease review, licensing checks, and local market due diligence before proceeding.