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CONFIDENTIAL SALE
FOR SALE
22/01/24
605408
RESTTW5 / Rightbiz
Description:
Welcome to this vibrant Indian restaurant, where culinary delights and cultural experiences come together to create a memorable dining experience for our guests. With a spacious seating capacity of 100, our restaurant provides a warm and inviting atmosphere, perfect for gatherings with family, friends, or colleagues. Located in a prime area, our restaurant is situated in a bustling neighbourhood that attracts a steady flow of customers.
The rental cost for this property is £39,000 per year, ensuring a stable and reasonable investment for aspiring restaurateurs. Additionally, the accommodation return of £26,400 per year adds further value to the property, making it a lucrative business opportunity. To operate the restaurant successfully, we should note that the annual business rates payable are £1,500. These rates contribute to the local infrastructure and services provided by the community. With a weekly turnover of £10,000, our restaurant demonstrates its popularity and potential for success. This consistent revenue stream reflects the high demand for authentic Indian cuisine and the strong customer base we have cultivated. Our talented chefs meticulously craft a menu featuring a wide array of aromatic spices, traditional recipes, and contemporary twists, ensuring that every dish is a flavorful masterpiece. In addition to our exquisite culinary offerings, we pride ourselves on our exceptional customer service. Our attentive and knowledgeable staff members are dedicated to providing an unforgettable dining experience, going above and beyond to accommodate the needs and preferences of our guests. Whether you're craving classic favorites like butter chicken and biryani or seeking new and innovative dishes that showcase the rich diversity of Indian cuisine, our restaurant offers an extensive menu that caters to all tastes and dietary preferences. As you step into our restaurant, you will be enveloped by the warm ambiance, adorned with tasteful decor that pays homage to Indian culture. The spacious seating area provides comfort and privacy, making it an ideal venue for intimate dinners, family celebrations, or corporate events.
In summary, our Indian restaurant with 100 seating combines an inviting atmosphere, delectable cuisine, and excellent business potential. With a weekly turnover of £10,000, reasonable rental costs, and accommodation returns, this venture offers a rewarding opportunity for entrepreneurs passionate about sharing the flavors and traditions of Indian cuisine with a discerning audience.
Location :
Heston, located in the western part of London, is a vibrant and diverse area with excellent transport links, making it an ideal location for various businesses, including Indian restaurants. Situated within the London Borough of Hounslow, Heston benefits from its proximity to major roadways and public transportation options, making it easily accessible for both residents and visitors. Moreover, Heston is a culturally diverse area with a significant population of Indian and South Asian communities. This demographic composition creates a strong demand for Indian cuisine, making it an ideal location to open an Indian restaurant. The local residents often seek out authentic and high-quality Indian food, and having an Indian restaurant in Heston allows them to satisfy their cravings without traveling far. The combination of excellent transport links, cultural diversity, and a strong demand for Indian cuisine makes Heston an attractive area for opening an Indian restaurant.
The accessibility ensures a steady flow of customers, while the diverse community provides a built-in customer base that appreciates and seeks out Indian culinary experiences. With its strategic location and potential for success, Heston offers a promising opportunity for entrepreneurs looking to establish a thriving Indian restaurant.
Rent:
The rental on this property is £39,000 Pa.
Accommodation:
The accommodation is producing £26,400 Pa meaning rent payable of £12,600 PA.
Business Rates:
All clients are advised to do their own enquiries in regards to business rates. We are advised the current payable rates are £1,500 PA.
Timing:
The current opening hours for this business are 3pm to 12am.
Turnover:
This property has a current turnover of £10,000 PW.
Premium:
This business is available for sale for £195,000.
Tenure:
Lease will be a 12 years Renewable Lease.
VAT:
This property does not have VAT applicable on it.
Enquiries & Viewings:
If you would like to enquire or book an appointment please contact us:
Simarjeet Singh | 07919203881 | 0208 004 1111 | [email protected]
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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