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Authentic Indian And Indo-Chinese Restaurant With Low Rent And Potential For Sale

Reading, Berkshire, UK
Asking Price:
£43,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

An opportunity to acquire a fully fitted and established Indian & Indo-Chinese restaurant in Reading. The business benefits from authentic cuisine, indoor seating for approximately 25 covers, a low passing rent of £14,000 per annum and a lease until April 2034. The premises have been refurbished in recent years and include a fully equipped commercial kitchen, CCTV and a 5-star food hygiene rating. There is further scope to grow the business through increased marketing, longer opening hours, delivery expansion and potential outdoor seating (subject to the necessary consents).

  • Indoor seating for approximately 25 covers - Scope for outdoor seating (subject to council consent)
  • Approx. 50 sq m / 538 sq ft premises
  • Fully fitted and licensed Indian & Indo-Chinese restaurant - excellent commercial kitchen
  • Lease until April 2034 (approx. 8 years remaining)
  • Low current rent of £14,000 per annum
  • 5-star food hygiene rating
  • Scope to increase turnover through extended opening hours and marketing

Property Information

Property:

Leasehold

Location:

The property occupies a prominent position on Northumberland Avenue in Reading, serving a densely populated residential catchment area and benefitting from nearby schools, local businesses and passing traffic. The premises are well positioned for both dine-in and takeaway trade, with convenient access to Reading town centre, Junction 11 of the M4 and surrounding residential districts.

Size in square feet:
550