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Indian restaurant for sale on Allandale Road in Leicester with steady turnover and low rent

Leicester, Leicestershire

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    657682

  • Leasehold: Price on Application
  • Rent: £15,000 (£1,250 per month)
  • Turnover: £234,000 (£4,500 per week)
  • Profit: On request

Key Features

  • Prime location premises
  • Prominent location
  • Viewing by appointment only
  • Proven business success

Business Details

Indian restaurant for sale on Allandale Road

An exciting opportunity has arisen to acquire a well-established Indian restaurant located on Allandale Road in Leicester, Leicestershire. This leasehold venture, available at an asking price upon request, boasts a current annual turnover of £234,000, making it an attractive option for potential buyers.

The restaurant benefits from a competitive annual rent of £15,000, which represents excellent value for a property in such a prime location. Additionally, all stocks will be included in the sale price, ensuring a seamless transition for the new owner.

Situated in a prominent area, the restaurant enjoys high visibility and foot traffic, contributing to its proven business success. The establishment is poised for immediate operation, with a ready-to-operate setup that caters to both dine-in and takeaway services. This flexibility enables the restaurant to serve a diverse range of customers.

Key Features

Among the standout features of this offering are its prime location and the potential for profitability it presents. Interested parties are advised that viewings are available by appointment only, ensuring serious inquiries are given the attention they deserve.

In summary, this Indian restaurant represents a compelling investment opportunity for anyone looking to enter the hospitality sector or expand their existing portfolio. With a strong foundation, prime positioning, and a complete inventory included, this business stands ready for a new owner to take the reins and continue its legacy.

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Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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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