Prime Location Indian Restaurant with High Turnover for Sale in Brandon, Suffolk
Brandon, Suffolk
- Status
FOR SALE
- Advert ID
616772
- Leasehold: £110,000 (Stock at valuation)
- Rent: £24,000 (£2,000 per month)
- Turnover: £440,000 (£8,462 per week)
- Profit: On request
Key Features
- Prime Location
- Established Business
- Price Reduced
- High Turnover
Business Details
Leasehold Indian restaurant for sale in Brandon
This well-established Indian restaurant situated in Brandon, Suffolk, enjoys a prime town centre location. Being on the market for £110,000 include fixtures and fittings , it presents a great opportunity for potential investors. High turnover, consistent customer influx due to its proximity to local amenities and other businesses, and a strategic location adds to its appeal. The current owners are receptive to the nearest offer, hinting at their intent for a retirement sale.
With no direct competition in the vicinity, the restaurant reaps the benefits of being the only source of Indian cuisine close by. Adding to its unique charm is the fact that this family-run business has stayed strong for over 34 years, testament to its popularity and steady performance.
This sale includes fixtures and fittings, reducing additional investment for the new owner. The restaurant, housed in a beautifully maintained building with distinct architectural features, ensures high visibility due to its prominent street-front location. As the business is situated in a busy commercial area, the potential for attracting foot traffic is high.
Furthermore, the neighboring businesses employ a symbiotic strategy to enhance the footfall. The spacious exterior, complete with a large façade, proves advantageous for eye-catching signage and branding exercises, appealing directly to passersby. It generates a unique opportunity to give the turnover a significant boost, taking the business a notch higher.
Above a separate one bedroom flat alongside staff accommodation and present owner is living at the flat. It can be rent out £700 pcm and allso intitle small business rate relief scheme. Open lease remaining 10 years.
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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.
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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.
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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.
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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.
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.
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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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