Leasehold Indian Restaurant Price Reduced For Sale

Business description

Advent Business Sales is pleased to have been instructed to offer to the market this very well established Indian restaurant with excellent future potential.

Founded by our vendors 5½ years ago the business is now being offered for sale to enable them to pursue an unrelated business venture.

The restaurant offers a large and varied menu of Indian and Bangladeshi dishes and is also able to offer a full range of alcoholic drinks.

This exceptional restaurant has been tastefully decorated to a very high standard and has an excellent ambience throughout.


The restaurant achieves an excellent £6 – 7,000 per week gross turnover.

The large kitchen includes:

• 12 burner gas cooker with 2 ovens under and extraction over
• 1 burner stockpot cooker
• 2 industrial microwaves
• 2 hot plates
• Tandoor oven
• Coffee machine
• Large combined walk in fridge/freezer
• Various stainless steel prep tables
• A grill
• Single chip fryer
• Chest freezer
• Glass washer
• Ice maker

This is quite an exceptional restaurant, which must be viewed to be fully appreciated.

REF 8897CV

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 25 years
Remaining lease: 20 years
Review every: 5 years
Rent: £24,000per annum

We are advised that the annual business rates are currently: £7,600

Living accommodation:

BUSINESS PREMISES A large single storey premises with approximately 100 covers and briefly consisting of: Ground Floor - Side entry into reception area with coffee table and leather sofas, attractive bar with stools - Main restaurant with raised seating by all the window tables and all with padded chairs - Central dining area - Tiled floor throughout, sunken spot lights, very well decorated and with a good ambience - Rear of restaurant, w/c’s, disabled w/c - Good commercial kitchen with comprehensive range of units, large walk in fridge/freezer - 2 stock rooms - Office - Staff room with w/c - Rear exit to large container unit for dry storage - 50 space car park The premises are fully double glazed, are alarmed and has CCTV with 4 cameras

Location:

The restaurant has a very good location as it is centrally situated between the densely populated towns of Nuneaton, Bedworth, Coventry and Hinckley.

The M6 and M69 motorways are both nearby and give excellent road links to the surrounding counties.

The restaurant has its own very large car park, which can accommodate up to approximately 50 vehicles.

Other information

Expansion potential:

There is plenty of scope to increase sales and profits further by:
1. Opening at lunchtimes, especially at the weekend
2. Putting a large sign on the main road to advise that open
3. Advertise more as very little is done presently

Trading hours:

7 days a week

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

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