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Profitable And Established Indian Restaurant In Swindon, Wiltshire For Sale

Swindon, Wiltshire, UK
Asking Price:
£175,000
Turnover:
£500K - £1M
Net Profit:
Undisclosed

Established business since the 1990s. A family run Indian restaurant for 33+ years and still trading currently.
Based in Old Town area, which is by far the best location in Swindon. Prime location, BBC radio opposite us, bars and restaurants in the area. a high street is literally 1 minute by walk from us, a family park in the area with lots of greenery. Pay parking available opposite us. Town centre takes 1 minute by car.
We are highly recommended as Number 1 on TripAdvisor out of all type of cuisines.
80% are regular customers with excellent reviews on TripAdvisor and Google.
We have all sorts of customers that dine in, families and large groups, tourists, company bookings.
We take booking reservations via online and by phone.
We have a evening special on Tuesdays and Sundays which is busy.

100+ seats, which includes the VIP room upstairs that holds around 40 seats. We use that for walk in customers when it gets busy or for private functions.
Vip room is situated on top of the restaurant with a small bar and a smoking area outside, with a outdoor view of the rear, a little tlc, you can set dinning tables outside with 20 seats+ for summer, which is profitable for future plans.

The property had a recent renovation.
- New shop front
- New bar (main bar) with a cellar room.
- brand new ceilings with rolls Royce spotted lights.
- New surround speakers.
- fairly new seating bench.
- brand new gas cooker with 20 burners. Which 4 of its burner is large.
- brand new separate gas cooker with 1 large burner (for cooking gravy)
- 2 New gas hot cupboards
- New fire alarm system installed (certified) in the kitchen and throughout the restaurant.
- fairly new ceilings in the kitchen.
- fairly new shelves.
- fairly new ladies and gents room.

Storeroom has a raw area with a fridge and a separate sink to the kitchen one.
Walk in cold room and 3 freezers.

Suppliers balance is all clear. We have a good credit score with them incase we need to stock 2-3 weeks worth of inventory.

Business comes with staff accommodation, situated upstairs, which has 2 master bedroom, shower room, toilet room and a small kitchen that needs tlc.

A profitable business been established since 1991.
We are starting a new chapter in our lives. Hence why this is on the market. We have spent thousands of pounds renovating it. So it's ready for a new ownership.

No business rates.

Long-term lease preferably.
150k-175k premium and rent 3300 per month with accommodation.
Or
A new start up business for a different type of cuisine. 100k premium and rent 3300 per month with accommodation.

I have tried to put in as many information in as I can, if you have any questions please contact me.

Kind regards,

Amin.

Property Information

Property:

Leasehold

Lease Terms:

New lease

Leasehold Rent:

£39,600 per annum

Living Accommodation:

2 large bedroom. Small kitchen, shower room and toilet room

Location:

Victoria Road. Old Town area. Prime location. Swindon, Wiltshire

Business Operation

Employees:
8-10
Years established:
33

Other Information

Support & training:

Yes

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