Financial Details
Asking price: £135,000
Sales revenue: £260,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
We are pleased to have been instructed to offer to the market this very well established Indian restaurant which has been trading successfully for over 5 years.

The current vendors, who founded the business, are only now reluctantly selling to enable them to concentrate on their other restaurants which are nearer to home.

The restaurant has an excellent local reputation and was recently voted the restaurant of the year in the district of Aylesbury by its customers.

The restaurant has a good takeaway business, which accounts for circa 25% of turnover. They offer a 10% discount on takeaways and free home delivery within a 5 mile radius on all orders of £18 or more.

The restaurant serves with the British palette in mind, traditional Balti, curry and Tandoori dishes.

The restaurant has 70 covers in its very well presented premises and has a fully equipped kitchen which comprises:
• 8 ring mains gas burner with double oven under and stainless steel extraction over
• Tandoori oven
• Microwave
• 2 hot cupboards
• 2 stainless steel upright fridges
• Coffee and expresso machines
• Single glass door drinks chiller
• Many stainless steel prep tables

The business employs 6 full time staff including the vendor and are currently achieving weekly sales of circa £5,000, which has in the past been as high as £10,000 per week.

We are advised that stock at cost is approximately £10,000.
REF: 9426LU


DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through broker. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
General Information
Trading hours:Mon-Fri: 6pm – 11pm Sat: 12 – 2pm & 6pm – 11pm Sun: 12 – 2pm & 6pm – 10.30pm
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 20 years Remaining lease: 15 years Review every: 5 years Rent: £29,000 We are advised that the annual business rates are currently: £2,500
Location:The restaurant has an excellent high visibility location on a busy through road of an affluent town in Bedfordshire. The area is principally residential although there is a nearby bed and breakfast, convenience store and estate agents. The towns of Aylesbury, Dunstable and Leighton Buzzard are all nearby.

The restaurant has its own car park which can accommodate up to 14 cars with overflow available on its grassy area or in the nearby streets.
Premises Details:Large detached converted public house with the restaurant and facilities on the ground floor, unused accommodation on the first floor and briefly comprising of:

Ground Floor
• Entry from pavement into a lobby and then into the main body of the restaurant
• 2 seater comfy leather waiting sofa with coffee table facing bar, servery, real open fire, 2 x 42” plasma tv’s
• The restaurant has 4 dining rooms, which can be served separately for special functions or meetings varying in size from 10 to 26 people.
• Side ladies w/c and side exit to car par
• Rear gents w/c
• Cellar storage
• Kitchen is accessed from the rear of the bar and has a back exit
• Stairs to first floor

First Floor
• 4 bedrooms
• Bathroom and separate w/c

The restaurant has the added benefit of being alarmed and also air conditioned.

External
• Large rear storage area of approx 20’ x 12’
• Large rear garden with approx 10 garden benches
• The restaurant has its own tarmac car park which can accommodate circa 14 cars. Additional parking is available on its own grassed area or free of charge in the nearby streets
Expansion potential:Our clients clearly have an outstanding Indian restaurant. It does however, offer excellent scope to increase both sales and profits in the near future by: 1. Opening at lunch times during the week 2. Convert the at present unused 4 bedrooms on the first floor into letting rooms or as staff accommodation 3. Planning permission exists to convert part of the ground floor to increase the covers available by an extra 30 to make 100 in total
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