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Reputable Restaurant In Stoke-on-trent For Sale

Stoke-On-Trent, Staffordshire, UK
Asking Price:
£189,995
Turnover:
Available on request
Net Profit:
Available on request

CoGoGo are delighted to welcome to the market Golden Keg, a highly rated Indian/English Restaurant in Stoke-On-Trent.

The Golden Keg was first established in 2016, building up an excellent reputation during its time of trading. As seen by some online ratings and reviews, the business is extremely popular within the local area.

The restaurant has come to the open market as our client is now looking to pursue other business interests.

The business trades as an Indian/English resteraunt also offer a large range of alcoholic and nonalcoholic drinks.

Key selling points -

One of a kind Lease terms, Private Landlord, no rent reviews - Landlord responsible for all external/building repairs
No or little Capex required
Large capacity
170+ seater
Brilliant ‘on trend concept’
Stylish Décor
Excellent reviews across all platforms
Turnkey operation
Successful sales record
Very adaptable for any cuisine
Has a new housing estate built 100 yards away, only 300 built so far out of 1500 homes.

Scope for improvement -

No Advertising has been done, just run off local word off mouth, little social media only Facebook.
Operates only limited hours, scope for lunch and daytime trading.
Business would suit any form of cuisine with its current layout. Even has a large Carvery/Buffet area.

Financial Profile

Financial information can be made available upon request.

Property Information

Property:

Leasehold

Location:

Golden Keg is located in Draycott in StokeOn-Trent.

The business has eye catching signage and receives high levels of footfall and passing trade.

Premises Details:

The business is comprised of the following -

All on 1 level for disabled access. Total Area 373.75m2.

Entrance/porch into bar area capacity 25 people, 2x wall fixed seating benches, 4x drinks tables and 7 single seater armchairs. Bar stools, 65” TV.

Large 10metre bar with 13 draught beers, a back bar, 2x under counter double door bar fridges, large single door wine fridge. Eviro clean Glasswasher, 2x bar sinks, 2x fruit disposal sinks, 1x epos system.

Dining Area 1- Large display wine rack, approx. 250 wine bottles. Large boat shaped chandelier, Mood lighting, Seating for 50 covers, mixture of fixed seating benches and chairs.

Dining Area 2- Large conservatory, 2x large boat shaped chandeliers, feature wall in Versace wallpaper, Seating for 70 covers.

Carvery/Buffet Area- 2x Hot plates with heat lamps. 1x Hot Plate. 10x Buffet Chafing dishes. 16 pan Neapolitan ice cream display Freezer, 1.5 metre cake display Fridge, 1x chest freezer, 1x Salad Counter.

Bar and both dining areas Carpeted, buffet area laminate flooring and toilets tiled.

7x Mitsubishi Electronics Air conditioning units throughout the ground floor level.

Toilets-

ladies: 4 cubicles, 2x sinks
Gents: 1x cubical, 2x Urinals, 1x sink
1x Sperate Disabled toilet with Baby changing Station

Outdoor Decking Area- 2x Large 4m Parasols, 4 x picnic tables,

Seating for 20 people currently, during summer increased to 40 covers.

Total 170 Covers

Kitchen-

The kitchen is extraordinarily kitted out, spacious and well designed.

Double 20 Litre fryers x2
8 pan gas cooker and under oven
6 pan gas cooker and under over/grill
5m long Commercial extraction canopy x2 (1 in each kitchen area) last serviced June 2022
Tandoori oven x2
Commercial microwave x2
32 flame stock pot
Bbq/ steak grill
Substantial preparation tables
Walk in cold room 6x4ft
Chest freezer
Pot wash area with double sink/jet sprayer
Large food wash sink
Hot cupboards etc.

Outside storage area- pots pans unit, good shelving. Leads to rear car park for deliveries.

Outdoor Separate room- was prayer room in past, currently Staff room with 2 single beds and en-suite shower.

Car Park- 10 Spaces in front of building and 23 Spaces at rear of building.

Security- alarm system with online access, 12 cameras (4 external.) Led Sign light on post. Gated property.

Basement Room

Room 1- Storage/ Boiler etc
Room 2- Dry goods storage, 2x Chest freezers, Ice maker Machine, 20ft of shelving floor to ceiling height.
Room 3- Beer cellar, cooling equipment, 20ft of shelving floor to ceiling height for bottled beer/ soft drinks etc. (Not owned, Coke cola Dispense equipment, Real Ale dispense equipment, 2x beer coolers, Co2 Air compressor)
Room 4- Storage of Spirits and Tables chairs, Furniture Etc.

Living Accommodation

Large kitchen with 5 hob gas cooker/ oven, hood extractor, American Fidge/freezer with water dispenser. Fully fitted cupboards.
Bathroom- bathtub, shower cubical and sink.
Large lounge/ dining room.
3x large bedrooms (2 of which have queen beds and storage, 1 has a double bed with storage.)
Small Pantry room.

ALL BEDROOMS WILL BE VACANT Possession. ONLY KITCHEN AND BATHROOM WILL STAY AS IS.

Business Operation

Trading hours:

The current trading hours are -

Monday - Closed

Tuesday to Saturday - 17:00pm - 22:30pm

Sunday - 12:00pm until 14:00pm & 17:00pm - 22:30pm

Employees:
We are advised that the business has 10 members of staff.