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Popular Takeaway in Huddersfield

Huddersfield, West Yorkshire
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  • Leasehold: £35,000
  • Turnover: £120,000 £2,308 Per week
  • Net Profit: Not Applicable

Business Details

    Takeaway in Huddersfield Town Centre

    Indian Cuisine Takeaway

    There is Fish and Chip Range In Place

    Main Road Trading Position

    Double-Fronted Shop Premises

    NEW LEASE Negotiable with Landlord

    Scope for Lunch & Breakfast Time Trade

    Customer Seating for 24 Ground Floor & 40 on 1st Floor

    Close to University

    EPC - C

Description:
REF 6167 – Leasehold Takeaway & Restaurant
Blacks Business Brokers are pleased to bring to the market this leasehold takeaway and restaurant located in a busy area and much sought-after area of Huddersfield, West Yorkshire.

INTRODUCTION
Malaikas Grill Bar has been trading on Cross Church Street since 2008 with our client in ownership since opening. The business has established itself well within the local community, gaining a good customer base and a superb reputation along with good online reviews and a strong online following.

LOCATION
Located on Cross Church Street in the town centre of Huddersfield, the business is close to Kingsgate Shopping Centre and Huddersfield University. This area is well linked by the M62 and A640, with excellent transport links in place and free parking is available in the immediate area after 6pm.

REASON FOR SALE
The business is only being offered for sale due to our client’s family commitments and a lack of time to run this busy shop.

LEASE
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is twenty years and began in 2007 at a cost of £384 per week.

BUILDING LAYOUT AND DESIGN
Malaikas Grill Bar occupies the ground and first floor of a mid-terraced retail unit within a parade of other shops and local businesses. Externally, the business is well branded with striking, modern signage displayed which is displayed above a fully glazed, double frontage. Inside, the café dining area is nicely presented with seating for 64 based over 2 floors in stylish booths and a stainless-steel customer servery to the rear along with a fully-equipped kitchen. The first floor is used as a restaurant and is presented to a very high standard. This area provides seating for twenty-four and can be used for private functions. There is also a cellar and second floor also used for storage.

This is a commercial property and there is no living accommodation included.

STAFF
The business is currently operating with 2 members of staff in employment.

FINANCIAL DETAILS
Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business is expecting a Projected Annual Turnover (2019/20) £120,000, with a Projected Gross Profit (2019/20) £90,000.

SUMMARY
This leasehold business is well-established and well-known within this area. It occupies an enviable trading position and is superbly presented throughout. There is plenty of scope for expansion with the introduction of new opening hours, deliveries and more events and private functions in the first floor restaurant area. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations already in place. Early viewings are strongly advised.

Fixtures & Fittings:
Tv
2 x Donner machine
Display fridge
Fish and chip range
Stainless steel work tops
Pizza oven
Commercial cooker
Pizza rolling machine
Grill
Fryer
1 pressure fryer
4 pot bain-marie
Commercial microwave x 2
Fridge x 4
Drinks display fridge
Potato rumbler
Chipper
Chicken rotisserie
Freezer x 3
Sink


Opening Hours:
Mon-Sat: 20:00 – 04:00 Sun - Closed


Weekly Rent:
£18,000 year. Weekly Rent:
£18,000 year.
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Contact Agent

Contact the seller for more details, or book a viewing

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Contact seller

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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