A superbly presented, fully equipped licensed Indian restaurant and takeaway in a prominent main road location, offering an incoming owner-operator an excellent opportunity to build on an already loyal customer base. With a stylish fit-out, built-in bar, well-equipped kitchen and the benefit of additional letting room income upstairs, the business also lends itself well to conversion to another cuisine concept, or to a bar/lounge operation, given its prominent glazed frontage, built-in bar and versatile layout. A genuine opportunity offering significant scope for growth
- Asking Price:
- £79,995
- Turnover:
- On request
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
Licence to assign with approximately 6 years remaining at a current passing rent of £23,000 per annum.
- Leasehold Rent:
-
£23,000 per annum
- Location:
-
A well-established restaurant occupying a prominent position on this busy main road (A13, London Road), surrounded by a dense parade of other well-patronised retail, eating and drinking establishments. The premises benefit from a large glazed double-fronted frontage, excellent passing trade and footfall, and sit within a densely populated residential catchment area with good on-street and lay-by parking nearby.
- Premises Details:
-
A terraced ground and first floor property with a large glazed frontage and fascia board. The glazed entrance leads into a welcoming reception/waiting area with staircase to the first floor, and through to the main RESTAURANT providing comfortable seating attractively decorated throughout with ceiling-mounted air conditioning.
BAR AREA fitted with a built-in bar with wooden top, back-bar optics and bottle display, draught beer dispense (Cobra), wine and spirit storage, glass racking and service area.
TRADE KITCHEN fitted with commercial extraction canopy, gas cooking range/burners, twin-basket fryer, stainless steel preparation tables and spice/masala station, wash-hand basin and service pass through to the restaurant.
FURTHER PREPARATION & COLD STORE with upright stainless steel fridges/freezers, additional preparation surfaces, and dry goods storage, tiled flooring throughout.
SEPARATE CUSTOMER TOILETS, external bin storage, and rear access.FIRST FLOOR
accommodation currently arranged and let as letting rooms, generating additional income (see Tenure/Income below). But was previously overflow seating for the restaurant.
Business Operation
- Management type:
- This business is owner operated.
- Trading hours:
-
Currently trading evenings, with flexibility for an incoming owner to extend hours/days and introduce lunchtime trade.
Monday - Closed
Tuesday - Thursday 5.30pm - 10pm
Friday - Saturday 5.30pm - 11pm
Sunday 1pm - 9pm
- Employees:
- The business is currently run by an owner-operator, supported by a chef and 4 part-time front of house staff, keeping overheads lean and offering a straightforward handover for an incoming hands-on owner.
