Successful Indian Restaurant In Yeadon West Yorkshire For Sale

Business description

Preferred Commercial is delighted to offer for sale this popular Indian restaurant, which was established by our clients in 2010 and which is only now being placed on the market due to a change in family circumstances. The business offers buffet style meals every day from 5.00pm and generates a turnover in the region of £364,000 per annum with a gross profit of 70%. The restaurant is fully licensed and free of tie. A new owner could increase the already healthy turnover by perhaps, offering a lunchtime menu, outside catering services and perhaps introducing online advertising with ordering system. There is potential for a new owner to embark on a modest advertising campaign to build upon the growing reputation in the area. The 80-cover restaurant boasts fixtures and fittings of a very high standard throughout and all new equipment, ensuring a new owner could walk-in-and trade from day one. We feel this represents an ideal opportunity to acquire a modern and successful Indian restaurant in such a sought after location and sensibly priced to attract a quick sale. Early discussions with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 15 years
Remaining: 14 years
Review: every 5 years
Rent: £27,000 per annum

Leasehold rent:

£27,000 per annum

Location:

Silver Spoon occupies a prominent location on High Street in the heart of the West Yorkshire town of Yeadon. The restaurant is surrounded by complementary shops and businesses. Located opposite the town hall, the restaurant benefits from regular bus services and ample parking in the vicinity. The area is easily accessible being situated between Leeds, 9 miles south east and Bradford approximately 5 miles south west. Yeadon is the home of Leeds Bradford Airport, which lies less than a mile from the town centre.

Premises details:

Spacious 3-storey fine dining restaurant in a prominent and sought after location. Briefly comprising:

Lower Ground Floor
• Basement storage area for bottles and dry goods

Ground Floor
• Reception room with bar servery with an array of optics, draught beers and chilled bottle display cabinets, electronic cash register and wine rack. Quality sofas and seating
• Through archway to main dining area, tastefully furnished in a contemporary style and with subtle lighting, and offering 80 covers
• Newly fitted commercial kitchen with stainless steel fixtures, ample work surfaces, 10-burner hob and oven, charcoal grill, traditional clay tandoori oven, large hot plate, deep fat fryer, various commercial microwave ovens, refrigerators and freezers.
• Ladies WC
• Disabled WC

First Floor
• Private office
• Store room
• Additional kitchen area
• Gents WC

Second Floor
• 2 x large storerooms

External
• Yard to rear for deliveries
• Ample car parking in the vicinity

Business Operation

Trading hours:

Mon - Thurs: 5.00pm - 11.00pm
Fri - Sat: 5.00pm - 12.00am
Sun: 5.00pm - 11.00pm