Mexican Restaurant
Medley Market – Established Mexican-American Restaurant with Residential Income, Orpington, London Zone 6. Medley Market is a well established Mexican-American restaurant located in the heart of Orpington, successfully operating for over 20 years. The business enjoys a strong local reputation, excellent hygiene standards and consistent turnover, holding a 5 star food hygiene rating. Asking price £250,000 leasehold. Average weekly turnover £8,000, with gross profit of approximately 65%. Delivery sales make up around 50% of total revenue, supported by a strong online delivery presence via portals.
The site offers indoor seating for 60 covers and outdoor seating for 12 covers. It is currently owner operated with a team of 3 full time and 4 part time staff. A Sponsorship Licence is available, facilitating overseas investment and relocation. The property includes two self contained flats, currently let on short-hold tenancies, generating a combined rental income of £42,000 per annum. Flat 1 lets at £1,500 per month and comprises a large bedroom, study, balcony, open plan kitchen and lounge, shower room, gas central heating and double glazing. Flat 2 lets at £2,000 per month and comprises 3 bedrooms (2 double, 1 single), lounge, kitchen, bathroom, gas central heating and double glazing.
The lease is a 20 year term granted in September 2015, with rent reviews every 5 years, rent agreed at £67,000 per annum from November 2025. Current rent payable is £25,000, effectively offset by the residential rental income. Business rates from April 2025 are approximately £6,000 per annum. Additional features include private parking to the rear. Trading hours for the restaurant run 7 days a week from 12pm to 10pm, with home delivery operating from 10am to 10pm.
The current owner has managed the business for the past 10 years and is offering it for sale due to relocation, with training opportunities provided to the new owners. Medley Market offers strong weekly turnover, a 5 star hygiene rating, sponsorship licence eligibility and lucrative residential rental income, a rare opportunity combining an established trading business with valuable property income. Reason for sale is relocation.
