Indian Restaurant in Hull

Summary:

• Proof of funds required
• Huge Potential
• Prime Location
• Heavy Footfall Area
• Unique Opportunity
• Residential Area
• All Fixtures & Fittings Included
• Excellent Client Base
• Highly Rated
• Established Business

Business Description:

Silk Letting LTD are proud to present to the market a well-established restaurant in Hull. This restaurant is the best in its area at serving a fine Indian cuisine, providing things such as:

Chicken and Lamb Tikka

Sheek Kebab

Samosas

Biryani

Lamb Shashlik

Korma

Balti

Madras

By serving this cuisine, the business has managed to build an excellent client base with many customers coming back for more. It is a perfect location for customers to host parties and gatherings as there is a huge amount of space with the ability to seat up to 60 guests at a time.

As well as an excellent client base, it has also managed to build itself an excellent reputation with over 60 highly rated reviews online to back this up. This makes the business very appealing to potential customers who come across it when looking for a place to dine online.

This business operates from walk-ins and passing trade, Food Hub, Uber Eats, Deliveroo and Just Eat.

Also, with all fixtures and fittings included in the purchase of this business, it makes it ready for a new owner to get going right away.

Location and Amenities:

Located in a busy commercial area surrounded by many sorts of shops, this area generates a huge amount of footfall. This is a huge benefit towards the business as it leads to a huge number of walk-ins and passing trade.

There are plenty of parking bays along the side of the street where the business is based which makes it very easily accessible for customers, staff, and the owner if they do need to travel to the premises via car.

If this isn’t something that appeals to you and you prefer to use public transport, then you will be happy to hear that there is a bus stop not too far from the premises which gives ease of access to people who are travelling via public transport.

Growth Potential:

This is your chance to take over this successful business! There are also many ways in which you can take this to the next level.

For example, a buyer could extend the opening hours to bring in sales throughout the day. A buyer could open during the afternoon or morning hours instead of opening at 5 pm every day. This could help the business bring in a lot more sales and help maximise profits and revenue.

A buyer could also make use of the huge amount of space that they have access to by hosting events themselves. This could bring a lot of attraction to the business and if the event goes well, it could result in a lot of new clientele entering the business.

Financial Profile:

Tenure: Lease (Rents Property Only) – 10 years left remaining on the lease

Turnover is available upon request.

Property:

This premises consists of 2 floors with the business being presented throughout the first. The business floor has more than enough space for a team to work in comfort with a kitchen, 3 bathrooms, 2 storerooms and a garden.

As well as being comfortable for staff, it is also very comfortable for customers. This is because it has a spacious waiting area with approximately 60 covers. If 60 doesn’t sound like enough, then you will be glad to hear that the waiting area can seat up to around 100 guests if needed.

The floor above the business floor consists of a flat which is included in the purchase of the business. It is currently being rented which does give a buyer an immediate source of income.

This flat consists of 2 bedrooms, a toilet, a living room, and a kitchen.

This is an opportunity not to miss out on!

Security Features:

The premises is equipped with CCTV cameras which do in fact ensure that the safety of the business is kept whilst attended to and unattended.

Fixtures and Fittings:

All fixtures and fittings are included within the purchase of this business which gives a buyer an advantage as it assists them towards an easy takeover.

A full list of assets is available upon request.

Staff:

The business employs 10 staff members who are all willing to work under new ownership.

This is an advantage to a buyer, as it gives them an already experienced and efficient team to work with.

The business is currently open:

Tuesday – Sunday: 5:00 pm – 10:00 pm

Reason for the business sale:

The owner is selling the business as they are moving away which creates the perfect opportunity for a buyer to step in and continue the success of this business.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for any new owner.

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 0161 507 9791.