Fantastic Modern Restaurant In Goole For Sale

Business description

The Business Partnership is pleased to support the owners of this fantastic restaurant and takeaway in the sale of their business.

The superbly presented bright and modern restaurant can comfortably accommodate in excess of 80 covers and currently offers an extensive range of Indian cuisine for customers to enjoy in the extensive dining area or as a takeaway. Although operating as an Indian restaurant at present the pemises can easily be adapted to offer any type of cuisine.

The restaurant currently has weekly takings in the region of £2,500 to £3,000, which is derived purely from food sales. The owners individual beliefs mean that, despite having a bar, alcohol is not served on the premises, and customers are advised to bring their own. It is therefore envisaged that a new owner could significantly increase turnover by the introduction of wet sales, and by using this to develop the spacious entrance area as a bar/lounge for waiting customers.

An exciting new development is that the Junction, a brand new entertainments complex, opens in November 2009 just around the corner from the restaurant. The complex comprises a 170 cinema/theatre auditorium; workshop; community/meeting room and cafe bar. This is expected to generate high volumes of visitors to the area and surely represents a huge opportunity to further increase takings for the restaurant itself.

Property information

Property:

Leasehold

Lease terms:

We are advised that the business operates with the benefit of a 15 year lease which commenced in 2006, and is subject to an annual rent of £20,800.

Location:

The restaurant occupies a prominent corner position on the edge of Goole town centre, close to the main shopping arcade. The train station is only a couple of minutes walk away, and there is a public car park around the corner.

Premises details:

The business operates from the ground floor of a modern commercial property.

There is an external patio area to the rear of the property, grass border to the side and shared car parking for around 8 cars to the other side.

Other information

Expansion potential:

There is a huge amount of potential for expansion through the introduction of wet sales, greater utilisation of the spacious entrance/lounge area and maximising the opportunity provided by the opening of the new entertainment complex on its doorstep..

Competition / Market:

There appears to very little in the way of competition both in the immediate vicinity, and throughout the town as a whole.

Trading hours:

The restaurant currently opens 7 days a week from 5.30pm-11.00pm