Leasehold Indian Restaurant For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this very successful Indian cuisine restaurant, which was first established by our client in 2005. It is only now being placed on the market due to his strong desire to retire. The business, which is run and managed by our client with the assistance of staff, achieves a very respectable weekly turnover of £5,750, derived from offering excellent food and dining facilities. The restaurant has been exceptionally well decorated to a high standard, with all fixtures and fittings being less than 3 years old. This is one of the best presented restaurants in the area, which enjoys excellent levels of repeat trade, as well as obtaining new customers regularly from word of mouth recommendations. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early viewing of this thriving restaurant.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 21 years
Remaining length: 19 years
Rent: £20,000 per annum

Living accommodation:

PROPERTY DETAILS 3 storey, mid parade restaurant with 90 covers, full alcohol licence and possible living accommodation, briefly comprising: GROUND FLOOR Glass fronted building Secure front entrance Open plan dining area with 35 covers Bar Reception/payment area Glass storage and drinks display Ladies', gents' and disabled W/Cs Fully fitted, stainless steel commercial kitchen FIRST FLOOR Open plan dining area 55 covers Side serving area Ladies and gents W/Cs Secure dry storage room SECOND FLOOR Main room currently used for storage Sectioned area (currently used as a prayer room)

Location:

This exceptionally well presented Indian restaurant occupies a prime, highly visible trading location in Staffordshire. The restaurant is situated within a busy parade, on a main through road, close to the centre. The business benefits from having many neighbouring retailers and commercial businesses, which attract shoppers and visitors to the area throughout the year. This area is a highly desirable business and residential location due to its excellent central shopping facilities, fine housing, good schools and beautiful surrounding countryside. It also benefits from having excellent road access via the A38 & A511 roads, making visiting and commuting very easy.

Other information

Trading hours:

Mon - Thu: 5.30pm - 11.30pm Fri & Sat: 5.30pm - 12.30am