Property photos
Business
£79,999
Restaurant for sale
City Of London, England, United Kingdom SW17Local area information
Property location
Nearby amenities
- St Boniface RC Primary School 0.1 miles
- Gatton (VA) Primary School 0.1 miles
- Tooting Broadway 0.1 miles
- Tooting Bec 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Tooting Graveney, Upper Tooting and Tooting to find out more about the local area.
Features and description
Business
Please quote reference B08813
Cogogo invites you to explore Tokova, a vibrant and modern Basque restaurant nestled within the lively Broadway Market in Tooting, South West London.
Established 7 years ago, this acclaimed eatery has garnered a loyal following for its innovative small-plate dining, exceptional service, and inviting atmosphere. With a strong online presence and glowing reviews, Tokova offers a unique opportunity for restaurateurs seeking a turnkey operation with immense growth potential.
Tokova benefits from high foot traffic and excellent transport links, including proximity to Tooting Broadway Underground Station. The bustling market setting provides a dynamic backdrop that attracts a diverse clientele seeking authentic and contemporary Basque cuisine.
Tokova specialises in 'New Basque Cookery, ' offering a menu of tapas-style small plates crafted with seasonal, high-quality ingredients. The restaurant has built a stellar reputation, boasting a 4.7-star rating on TripAdvisor and a 4.6-star rating on Google, with patrons praising dishes like black rice, scallops, and lamb, as well as the warm and attentive service.
Currently operating five evenings a week, there is significant scope to expand trading hours to include lunch services and additional days, tapping into unmet demand and increasing revenue streams.
Key Selling Points:
Get in touch with Cogogo today. Click ‘Contact Seller, Send Enquiry or Contact Broker’ now to learn more, ask questions, or arrange a private viewing.
Location
Tokova Restaurant is located at Unit 95, Broadway Market, 29 Tooting High St, London, SW17 0RJ.
Premises
The restaurant occupies a well-designed space within Broadway Market, featuring an open kitchen that adds a theatrical element to the dining experience. The interior exudes a cosy yet contemporary ambience, with seating arrangements that cater to both intimate dinners and larger groups. The premises are fully equipped with high-quality fixtures and fittings, ensuring a seamless transition for new ownership.
Tenure
Offered on a leasehold basis, the current annual rent is £32,000. The lease terms are favourable, providing stability and flexibility for future business planning.
Hours
Business Hours
Note: There is substantial potential to extend operating hours to include lunch services and additional days, capitalising on the area's daytime footfall.
Staff
The business is currently owner-operated.
Financial Profile
We are advised that the business achieved a turnover exceeding £400,000, with a net profit of £70,000. The previous year saw a dip in figures due to the owner's health issues; however, the restaurant has a strong foundation to regain and surpass past performance levels.
Please quote reference B08813
Cogogo invites you to explore Tokova, a vibrant and modern Basque restaurant nestled within the lively Broadway Market in Tooting, South West London.
Established 7 years ago, this acclaimed eatery has garnered a loyal following for its innovative small-plate dining, exceptional service, and inviting atmosphere. With a strong online presence and glowing reviews, Tokova offers a unique opportunity for restaurateurs seeking a turnkey operation with immense growth potential.
Tokova benefits from high foot traffic and excellent transport links, including proximity to Tooting Broadway Underground Station. The bustling market setting provides a dynamic backdrop that attracts a diverse clientele seeking authentic and contemporary Basque cuisine.
Tokova specialises in 'New Basque Cookery, ' offering a menu of tapas-style small plates crafted with seasonal, high-quality ingredients. The restaurant has built a stellar reputation, boasting a 4.7-star rating on TripAdvisor and a 4.6-star rating on Google, with patrons praising dishes like black rice, scallops, and lamb, as well as the warm and attentive service.
Currently operating five evenings a week, there is significant scope to expand trading hours to include lunch services and additional days, tapping into unmet demand and increasing revenue streams.
Key Selling Points:
- Established brand with a strong online presence and excellent reviews
- Unique Basque cuisine offering in a high-demand area
- Located in a bustling market with high foot traffic
- Significant growth potential through extended hours and services
- Fully equipped premises with a modern and inviting ambience
Get in touch with Cogogo today. Click ‘Contact Seller, Send Enquiry or Contact Broker’ now to learn more, ask questions, or arrange a private viewing.
Location
Tokova Restaurant is located at Unit 95, Broadway Market, 29 Tooting High St, London, SW17 0RJ.
Premises
The restaurant occupies a well-designed space within Broadway Market, featuring an open kitchen that adds a theatrical element to the dining experience. The interior exudes a cosy yet contemporary ambience, with seating arrangements that cater to both intimate dinners and larger groups. The premises are fully equipped with high-quality fixtures and fittings, ensuring a seamless transition for new ownership.
Tenure
Offered on a leasehold basis, the current annual rent is £32,000. The lease terms are favourable, providing stability and flexibility for future business planning.
Hours
Business Hours
- Tuesday to Saturday: 6:00 pm – 10:00 pm
- Sunday & Monday: Closed
Note: There is substantial potential to extend operating hours to include lunch services and additional days, capitalising on the area's daytime footfall.
Staff
The business is currently owner-operated.
Financial Profile
We are advised that the business achieved a turnover exceeding £400,000, with a net profit of £70,000. The previous year saw a dip in figures due to the owner's health issues; however, the restaurant has a strong foundation to regain and surpass past performance levels.
More information
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