Cotswold Based Indian Restaurant For Sale

Business description

This represents a wonderful opportunity for a purchaser to acquire an established restaurant near to major wealthy Cotswold towns on a major through route. It is currently trading as a full service Indian Restaurant it has a full licence, strong customer base and excellent reputation. Due to the location the style of restaurant could be changed without significant impact to the income.

High quality traditional Indian food is served with a take away service. There is a wide selection of dishes on the menu, including a variety of fish dishes and vegetarian options. The restaurant is appointed to a very high standard with 2 seating areas for approximately 100 covers a bar area, and kitchen. The whole premises was fitted out 2 years ago at a cost of £50,000 and is in excellent condition There is extensive parking and easy access to the premises.

The weekly takings exceed £4,500 with the industry normal margins. This offers tremendous potential for increase in the right hands. The owner wishes to sell as he is planning his retirement.

Property information

Property:

Leasehold

Lease terms:

A major feature of this business is the property the building is in excellent condition, with 66 year lease remaining on the lease. The rent is currently £25,000 and an assignment or new lease will be available to a suitable purchaser

Leasehold rent:

£25,000 per annum

Other information

Reasons for selling:

The owner has a number of restaurants and is planning to sell to retire.