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Very High Quality Licensed Indian Restaurant For Sale

 
Swansea, South Wales, United Kingdom
 
Advert ref: CR 217
 
FINANCIAL DETAILS
 
Asking price: £195,000
 
Sales revenue: £285,000
 
Net profit: Undisclosed
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
The Business Partnership is delighted to offer for sale this very high quality Licensed Indian Restaurant that holds a 5 star rating from the Master Chief organization. The business attracts a more up market clientele including local businessmen and professionals. The premises have been extensively designer refurbished to a high standard
Although the business presently offers Indian cuisine, the premises would lend themselves to other cuisines. The business has the advantage of a full on license and is fully air conditioned.

Operated by the vendor and eight full time staff the business is easily managed.
Premises:

The business occupies the ground floor
An entrance hall leads to a lounge bar (approx. 230 sq ft) with 20 covers and is fitted with a large wall mounted flat screen television.
This then leads to the main dinning room (approx.800 sq ft) with 86 covers and a bar
Stairs lead down to a dry cellar used for storage .There is ladies and gentlemen’s washrooms with handicapped access off from the dining area.
The trade kitchen (approx. 205 sq ft) is well equipped with all the trade necessities and is fitted out with a ventilation system.
Off the kitchen is a food preparation room with 2 chest freezers, a refrigerator and a double door chilled cabinet. There is a small storeroom off from the food preparation area.
There is emergency access to the rear of the property where there is a car parking space with rear lane access.

Accommodation
The accommodation over the restaurant is available at additional cost if required
Above the restaurant accommodation to the first floor consists of 8 bedrooms, 2 bathrooms and a kitchen. This accommodation is rented out and yields a rent of £15,600 per annum. To the second floor there is a further two bedrooms and a bathroom presently used for staff accommodation.
Offers will be considered


GENERAL INFORMATION
 
Employees: 8
Trading hours: 7 days with extended openings
Property: Leasehold

Lease terms
Leasehold Term to be agreed Rent: £25,000 pa Rates: £4,500 per year


Living accomodation
10 bedrooms available at addtional rent.


Location
At the heart of the city centre on a main route and in an area favored by professional businesses.


Support & training
Handover training available


Reasons for selling
Other business interests


 
The Business Partnership - South Wales
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30