Superbly Presented Indian Restaurant And Pub Lease For Sale | | Marlborough Wiltshire | | Successful 70 Seater Modern Indian Restaurant with large Bar area. Good turnover in Restaurant and good bar trade. Detached building with own car park. Lease to let or rent Superbly Presented Indian Restaurant And Pub Lease For Sale is located in Wiltshire. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62182
ADVERT IMPRESSIONS : 10,049 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Indian Restaurants | | SALE: | Private Sale | LEASEHOLD: | £69000 | ANNUAL RENT: | £24000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | BUSINESS DETAILS:
- Situated in a classic english village, rural location with a loyal catchment in Wltshire.
- Prominent village central location.
- Detached building with 6 rooms that can be let.
- More tha £1000/month rental income from rooms
- Own secure car park.
- Market towns near by.
- Surrounded by afluent villages with schools and other local amenities.
- High levels of passing trade.
- Excellent support from local community.
- Well linked with the A338, A4, M4.
- Nearest towns, Marlborogh, Newbury, Swindon.
- Area of great beauty and properity.
- A lifestyle area.
- Excellent local demographics for this type of area.
Business Details
The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £285, 000 with a excellent profit from wet sales.
- Zero rated Business rates (No need to pay Rates! ! )
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for a partnership or a family run business.
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation.
- The concern provides superb Indian and Bangladeshi cuisine in a Modern setting and Pub with alfresco drinking area.
- Potential for convertion to Continental Restaurant
History
- The business was established in 2005 and are currently run by the same owners.
Services
This very good business opportunity provides superb Indian/Thai or English cuisine in the restaurant and bar environment.
Staffing
The concern employs 8 full-time staff.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner markets the business in local publications. The business has its own website.
Competition
There is no local competition.
Market
The client base consists of local residents, office and retail workers, tourists and visiting business executives.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the services to include deliveries, outside catering.
• Increasing the opening hours.
• Becoming more efficient with staffing levels.
• With an enhanced website.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Property Details
please call for full property details.
Trading Hours
Monday to Saturday: 12. 00 to 2. 30pm and 5. 30 to 11pm
Sunday: 10. 30am to 2. 30pm and 5. 30pm to 11pm
Tenure
The original length of the lease was 15 years with 10 years remaining. The rent is £24, 000 pa with a review in 2014. The lease may be renewable or negotiable for longer term if required. The rate is Zero.
Viewings
The owners are available for viewings at any time by prior arrangement.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by the seller.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. | | | | | | FOR SALE | | | | | REFERENCE: | 62182 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
