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High Quality Indian Restaurant In Coventry For Sale

 
Coventry, West Midlands, United Kingdom
 
Advert ref: TRB.1360
 
FINANCIAL DETAILS
 
Asking price: £139,950
 
Sales revenue: Undisclosed
 
Net profit: Undisclosed
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
The Business Partnership are pleased to offer this business for sale.

Reduced New Price!!!

A modern, tastefully decorated Indian restaurant with high quality fixtures and fittings. The restaurant has traded successfully for the last two years and has a growing reputation in the city for quality of service. The restaurant offers an Indian menu, both eat in and take-away, buffet sales and with huge potential for continued expansion of the business. The resident chef is the West Berkshire’s Curry Chef of the Year winner in 2001. There is limited local competition in the area, though not of the same high quality as this restaurant.



GENERAL INFORMATION
 
Years established: 19 years
Employees: The business employs 1 full time chef and 10?? part-time staff.
Trading hours: 5.30pm-11.30pm Sunday to Thursday; 5.30pm-12.30pm Friday and Saturday
Property: Leasehold

Lease terms
Leasehold – the property has 19 years remaining of a 25 year lease at £13k per annum. The flat currently brings in rent at circa £1,000 per month so the net rent payable is minimal.


Living accomodation
To the first and second floors are a self-contained 4 bedroom flat with living room, bathroom and kitchen.


Location
This business is situated along side a selection of quality businesses in a lively retail and leisure region to the north side of the city centre.


Reasons for selling
retirement


Related documents
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The Business Partnership - Birmingham Central, Birmingham North & Warwickshire
 
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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