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Popular Indian Restaurant with High Capacity for Sale in Shipley, West Yorkshire

Shipley, West Yorkshire
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  • Status

    FOR SALE

  • Date Submitted:

    29/11/23

  • Advert ID

    603236

  • Reference

    590269 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £79,950
  • Turnover: £286,000 (£5,500 Per week)
  • Net Profit: Not Applicable

Business Details

Restaurants For Sale in Shipley

RESTAURANT in Bradford for Sale.

A bustling restaurant with a capacity for 60 patrons presents an excellent prospect for an aspiring restauranteur to further develop this exceptional business. The current proprietor specialises in Indian cuisine, a distinctive offering in the vicinity. The interior has a fresh ambiance, having undergone a fairly recent redecoration and rebranding programme. The restaurant enjoys a prime location on a busy main road, with nearly 20,000 vehicles passing by daily (data from roadtraffic.dft.gov.uk, based on 2022 data). Convenient forecourt parking adds to the appeal. This business holds great promise for someone passionate about the hospitality sector and keen on expanding an already outstanding venture. The decision to sell is driven by the current owner's other business commitments and ventures. A new purchaser could boost weekly earnings by simply extending operating hours and / or utilising platforms like JustEat for the takeaway side – current weekly turnover is £5,000 to £6,000. The restaurant's unique food and drink offerings, sourced from local providers, provide a solid foundation for the new owner, including an existing customer base and the potential for audience growth. This location is an ideal opportunity for a new operator, regardless of their background or culinary expertise, to establish a presence in a thriving area with a high demand for dining establishments.

The premises benefit from very sensible rent and briefly comprising double fronted premises leading to the bar service a fantastic selection of craft beer with four keg taps, gins, wines etc, 60 cover restaurant. Ladies, gents and disabled WC. Very well equipped commercial kitchen and a series of store rooms to the rear. Behind the unit are two further store rooms protected via a roller shutter door. Our client has informed us that they benefit from 100% business rates relief (although purchasers will need to satisfy themselves with the relevant authorities). Tradename is not included.
Stock, negotiable. EPC Band D.
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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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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.

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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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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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