Indian Tandoori Restaurant In Wolverhampton For Sale

Business description

Great opportunity to own a well-established business in Wolverhampton with a reputation for great service and standards at competitive prices .The business benefits from experienced staff and a great reputation based on 32 years of trading! Located on two floors
Ground floor-Entrance leads to a 75 cover restaurant with a well-stocked oval bar with decoration
First Floor – Up to 45 covers with bathroom facilities and storage
Restaurant has a great ambience with luxurious seating and subtle lighting . Fully fitted Kitchen and preparation area. with Storerooms and bathroom facilities
Potential for use for other Cuisines such as Chinese , Thai or European .
Genuine retirement sale and handover period guaranteed.

Property information

Property:

Leasehold

Lease terms:

TBA

Leasehold rent:

£Rent amounts to £23,000 per Year and rates are £7000 per year per annum

Location:

Large restaurant just of main Street

Premises details:

Ground floor-Entrance leads to a 75 cover restaurant with a well-stocked oval bar with decoration
First Floor – Up to 45 covers with bathroom facilities and storage
Restaurant has a great ambience with luxurious seating and subtle lighting . Fully fitted Kitchen and preparation area. with Storerooms and bathroom facilities

Business Operation

Expansion potential:

Potential for use for other Cuisines such as Chinese , Thai or European .

Reasons for selling:

Retirement

Trading hours:

Hours of work – Mon- Thurs 5.30-12.30am, Fri&Sat 5.30pm-1.30am . Sun 6-12.30am

Employees:

employ 6 staff , 2-Chef , Tandoori assistant ,Kitchen Porter and 2 Waiters .

Years established:

32 years of trading

Other information

Support & training:

Handover period guaranteed

Furniture / Fixtures value:

£10,000 (included in the asking price)