Leasehold Vegetarian & Vegan Indian Restaurant Located In Kings Heath

Leasehold Vegetarian & Vegan Indian Restaurant Located In Kings Heath
35 Seater Restaurant
Fully Fitted
Ref 3260

Asking Price £29,950 plus SAV (£500)

Location
This Vegetarian & Vegan Indian restaurant is located in Kings Heath, Birmingham, occupying a prominent and highly visible trading position on Poplar Road. The immediate area benefits from a wide range of retail businesses, restaurants, and residential properties, generating strong levels of footfall throughout the week. Birmingham City Centre is approximately 4.3 miles away.

Business Description
Veritas Business Sales are delighted to offer to the market this Vegetarian & Vegan Indian Restaurant located in Kings Heath. The premises have operated as a restaurant for many years and have been in the careful hands of our client for the past six years. The business is now being offered for sale as the owner wishes to scale down.
Since acquiring the business, the owner has maintained the property to a high standard, and it is being sold fully fitted. All equipment is owned outright and is included in the sale price, representing a significant benefit to a new purchaser, as no major additional expenditure should be required. Veg Darbar is overseen by the owner and operated daily by a team of three full-time and two part-time members of staff. The business generates an average weekly turnover of approximately £4,000–£4,500. Around 75% of turnover is generated by walk-in customers, with the remaining 25% derived from online delivery platforms such as Just Eat. They serve a fine selection of starters, biryanis, chaats, curries, rice dishes, breads, sundries, chef’s specials, desserts, and hot and cold drinks. All dishes are freshly prepared to order and can be enjoyed in a relaxed and cosy dining environment. Customers are also welcome to bring their own alcohol.
We believe there is scope to further increase turnover by introducing alcohol sales. The business has built a strong reputation within the local community and beyond, resulting in a high level of repeat and regular custom. This is an excellent opportunity to acquire a fully fitted, turnkey restaurant with significant potential for growth, and as such, early viewing is highly recommended.

Opening Times
Monday – 17:00 – 22:00
Tuesday – closed
Wednesday – Sunday – 17:00 – 22:00

Leasehold
Term: 20 years
Remaining: 8 years
Reviewed: 3 yearly
Rent: £16,800 pa
Rates: zero

Ground Floor
Restaurant with tables and chairs to cover (35), bar counter, EPOS till, cash drawer, undercounter storage shelving, stainless steel sink drainer, wall mounted shelving.
Hallway with large mirror.
Gents WC with wash basin, wall mounted.
Ladies WC with wash basin, wall mounted mirror.
Disabled WC with wash basin, wall mounted mirror.
Kitchen comprising: stainless steel worktop with commercial can opener, upright fridge, stainless steel trolley, dual stainless steel sink drainer, worktop, base units, shelf, wall mounted metal draining rack, microwave, combination boiler (Vokera), tandoori clay oven, 8 burner Indian cooker, metal shelf, spice rack, extraction canopy, saladette with 2 door undercounter fridge (Polar), hot cupboard with pass, 2 x wall mounted shelves.
Dry stores with 2 x chest freezers, 2 x metal storage units, rear exit door.
The property benefits from UPVC double glazing and gas fired central heating

External
Rear yard with back gate for deliveries. Metal storage shed used as dry stores with 3 x metal storage units.

EPC Rating C