Buy an Indian Restaurant 80 Covers For Sale business for sale in Leicester on BusinessesForSale.com

  • Advert ID: 670768
  • (Seller ref: 8822LE)

Indian Restaurant 80 Covers For Sale


Location:
Category:

Listed by:

Asking price:
£95,000
Sales revenue:
Available on request
Net profit:
Available on request


Advent Business Sales is pleased to offer for sale this 80 cover Indian restaurant, which has been established for the last 3 years.

It has been in the hands of the current owner for the last 2 years. The vendor has decided to sell due to personal family reasons.

The premises have been fully refurbished to a very high standard.

There is a restaurant and bar area as well as the fully equipped stainless steel commercial catering kitchen.

The restaurant was trading at an average of £8,000 per week. The owner then restricted alcohol sales due to religious beliefs and hence sales are now averaging £4000 per week.

This represents an excellent opportunity to reintroduce alcohol sales and to increase takings back to the previous high levels.

8822LE


Property:
Leasehold
Lease terms:
TENURE: Leasehold
Original lease: 12 years
Remaining lease: 10 years
Review every: TBC
Rent: £20,000

We are advised that the annual business rates are currently: TBC

Living accommodation:
BUSINESS PREMISES A large ground floor premises briefly consisting of: Ground Floor - Disabled access - 80 covers - Bar - Kitchen - W/c
Location:
Our client is located on a very busy main road that facilitates high volumes of traffic flow both to and from the city and a suburb of Leicester.

The immediate area consists of a wide variety of independent retailers, whilst the surrounding area has many terraced residential properties.

Trading hours:
Tues – Sun: 6.00pm – 12.00midnight
Financing available:
Please let us know if you require finance for the purchase of a business.
Related documents:

For more information about this business for sale, click the Contact Seller button.

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