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Bangladeshi High End Restaurant and Takeaway

Undisclosed, North Yorkshire

Status

FOR SALE

Date Submitted:

08/05/18

Advert ID

219344

Reference

18012-525181 / Rightbiz
Leasehold: £165,000
Annual Turnover: £280,000
Annual Net Profit: £90,000

This successful and profitable restaurant and takeaway, which was established 9 years ago by the present owner, provides a high quality range of specialty Bangladeshi cuisine, and is rated very highly on the social media consumer-feedback websites

Established over 9 years ago by the present owner.
It is set in a prime location, just outside the city Roman walls, on the main street of this growing, affluent area of York. Its’ location is within a residential/shopping/retail/area in the city centre, and is close to hotels, tourist hotspots and the railway station. This central area has a high footfall. It has great repeat business from the local resident and tourism population, and a loyal base of clientele. 
Rent is £20Kpa
Business Rates are £8Kpa
Awaiting EPC

The restaurant has 74 covers, and there is a major opportunity to double this capacity, as planning permission has been granted to construct an extension to the side of the restaurant, with an upstairs apartment, which will provide further new revenue opportunities. 

The restaurant opening hours are 5.30 – 11.00, seven days a week. There is a significant opportunity for the new owner, to increase turnover and profitability further, by applying for a license to serve alcohol.

The restaurant has received rave reviews on customer social media web sites.
It is set in a prime location, just outside the city Roman walls, on the main street of this growing, affluent area of York. Its’ location is within a residential/shopping/retail/area in the city centre, and is close to hotels, tourist hotspots and the railway station. This central area has a high footfall. It has great repeat business from the local resident and tourism population, and a loyal base of clientele.

Contact Agent
Agent Name:
Advert Reference:
18012-525181 / Rightbiz
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