Indian restaurant for sale in Hemel Hempstead, Hertfordshire with seating for 40 customers
Hemel Hempstead, Hertfordshire
- Status
FOR SALE
- Advert ID
645775
- Leasehold: £50,000
- Rent: £29,000 (£2,417 per month)
- Turnover: On request
- Profit: On request
Key Features
- Includes fixtures and fittings
- Close to local amenities
- Attractive location
- Business goodwill included
Business Details
Indian restaurant for sale in hemel hempstead
An exceptional opportunity has arisen to acquire a well-established Indian restaurant in Hemel Hempstead, Hertfordshire. This charming eatery, boasting a capacity of 40 seats, overlooks the picturesque water gardens, providing a delightful atmosphere for diners. The restaurant has been under the same ownership for over 30 years, with the current proprietor now seeking to retire and pass the business on to new owners.
With a new 25-year lease available, the restaurant is ready for the next chapter of its journey, offering tremendous potential for growth and innovation. The establishment features a modern and stylish interior, accentuated by elegant finishes that create an inviting dining environment. The fully equipped bar area is perfect for serving a variety of beverages and cocktails, enhancing the overall customer experience. Ample seating arrangements ensure a cozy setting for both intimate meals and larger gatherings.
The restaurant is well-maintained, including restroom facilities that uphold high hygiene standards. Its prime location is advantageous for attracting foot traffic and drawing in customers, making it an ideal spot for anyone looking to enter the hospitality sector or expand their existing portfolio.
Business Details
This business has been established for 24 years and has been owned by the current proprietor for the past 32 years. The motivation for selling is purely retirement-related, providing a unique opportunity for a new owner to step in and take over a successful operation.
Financial Overview
The leasehold price for this fantastic restaurant is set at £50,000 with an annual rent of £29,000. Included in the sale are all fixtures and fittings, along with the business goodwill, ensuring a seamless transition for the new owner.
Location and Perks
Situated centrally in town, the restaurant benefits from a visible street frontage and is close to a variety of local amenities. This attractive location not only enhances the dining experience but also positions the business for continued success. With its established reputation and loyal customer base, this restaurant stands at the forefront of Hemel Hempstead’s vibrant dining scene.
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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.
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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.'.
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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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