Leasehold Nepalese Restaurant, Bar & Takeaway Located in Derby

Leasehold Nepalese Restaurant, Bar & Takeaway Located in Derby
Excellent Reviews
Excellent Location
Large Site
Ref 3193

Asking Price £34,995 plus SAV

Location
This Nepalese Restaurant, Bar and Takeaway is located in Derby. Situated within a prominent and highly visible trading position on the London Road, famous for the plethora of independent restaurants and takeaways. Just a 7-minute walk to the Derbion / INTU Shopping Centre and Derby City Centre. The immediate area has plenty of industry, businesses and residential properties along with the new 796 property Nightingale Quarter Development which is a 3-minute walk away.

Business Description
Veritas Business Sales are delighted to offer to the market this fully refurbished and beautifully presented Nepalese Restaurant, Bar & Takeaway, occupying a prominent trading position on the ever-popular London Road, an area renowned for its vibrant mix of independent restaurants, cafés and bars.

Established in 2022, the premises has been extensively refurbished by the current owners who have since relocated to London. The opportunity is therefore being offered as an asset and lease sale, providing an incoming operator with a ready-made hospitality venue that is fully equipped and ready for immediate occupation.

Since acquiring the premises, the owners have invested in excess of £40,000 transforming the site to a high standard. Improvements include exposing original brickwork in parts, installing quality Asian kitchen equipment and creating an authentic and stylish dining environment throughout. All fixtures, fittings and equipment are included within the sale, meaning minimal additional capital expenditure should be required for a new operator.

The premises previously traded as a Nepalese and multi cuisine restaurant offering Nepalese, Indian, Thai and Indochinese dishes, although the site would lend itself to a variety of alternative food concepts, subject to any necessary consents.

During its operation, the restaurant established an excellent reputation both locally and online, achieving outstanding customer reviews including 5.0 on Tripadvisor, 5.8/6 on Quandoo and 4.9/5 on Google. The site also benefited from repeat custom and strong passing trade due to its position within one of Sheffield’s most established food and leisure destinations.

This represents an excellent opportunity to acquire a stylish and fully fitted restaurant premises in a sought-after trading location, ideal for an owner operator or experienced restaurateur looking to introduce their own concept with much of the hard work already completed. Early viewing is highly recommended.

Opening Times
Closed

Leasehold
Original Length: 15 years
Remaining: 13 years
Rent: £15,000 per annum
Business Rates: Zero

Ground Floor
Serving area / front bar comprising: bespoke serve over counter, triple glass-fronted display fridge, drinks display unit, Cobra draft beer pump, commercial dishwasher (Adexa), stainless steel sink unit, wall-mounted shelving units, display shelving for bottles, glasses, and condiments.
Restaurant area comprising: (59) covers, 2 x 2 seater) leather sofas, 5 x 4-seater tables, 6-seater table, 2 x 8-seater tables, 17-seater table, hostess trolley, side cabinet (housing cutlery, crockery, and plates), wall art & decorative displays.
W/C’s Washrooms: 3 separate washrooms consisting of Male, Female and wheelchair accessible
Kitchen area comprising of hot plate with under-counter storage, commercial tandoor oven, 2 x 6-ring gas ovens, undercounter worktop with saladette (Adexa), twin fryer (Adexa) stainless steel work counter, microwave oven, chest freezer, tall fridge, tall freezer, dishwasher (Hotpoint), undercounter fridge (Bush), undercounter fridge (Beko), 2 x commercial rice machines (Adexa), assorted bento boxes, knives, chopping boards, cutlery, crockery, kitchen utensils, double stainless steel sink, hand wash sink, soap dispenser, paper towel dispenser, and insect zapper.
External
Ample car parking on the side streets and bins area to the rear

The premises benefits from gas central heating with a Glow worm boiler.
EPC Rating C