Description
Leasehold
Exceptional opportunity to acquire a highly rated Indian restaurant. Due to the owner’s plan to retire, this reputable, profitable and well-established Indian restaurant is for sale, bringing the possibility for a new proprietor to take advantage of a great investment opportunity.
The restaurant is in an excellent location on a busy main street with easy access from St Albans train station. The business is profitable and enjoys a great reputation in this area of Hertfordshire providing excellent cuisine and service, therefore, its new owner will begin from an excellent starting point. Furthermore, we believe that if the new proprietor wishes to invest more time in the business, sales are likely to increase substantially.
The premises, with a capacity of up to 100 covers, are in excellent condition; the current owner maintains the business at a very high standard, with top-quality fixtures and fittings throughout. Established in 1976, the restaurant is located on a 1,700 sq ft space that has been developed by the current owner with two bar areas, toilets, a 300 sq ft kitchen and a comfortable reception room.
Prospective buyers should contact Jaime Moreno at +44 7470 210042, or by email at jmoreno@tworlduk.com..
Listing Details
- Listing Number: 27971-333882
- Location: Hertfordshire, England
- Price: 200,000 GBP
- Down Payment: 200,000 GBP
- Sellers Discretionary Earnings: 0 GBP
- Category: Restaurants
- Inventory: 0 GBP
- FF&E: 0 GBP
- Employees: 0
- Years Owned: 41
- Reason for Selling: Retirement