Leasehold South Indian Restaurant & Takeaway Located In Birmingham
Ref 2713

Location
This respected South Indian Restaurant & Takeaway is located in Handsworth, Birmingham. Situated within a prominent and highly visible trading position on the (A41) Soho Road. The area is very busy and is surrounded with an abundance of other retail shops to include some large blue chip retailers. The premises is adjacent to Lidl supermarket which allows free parking. West Bromwich Albion Football Club is (1.5 miles), the M5 Motorway (2 miles) and Birmingham city centre (3.6 miles).

Asking Price: £79,950 plus SAV (£4,000)

Business Description
Veritas Business Sales are delighted to offer for sale this very busy South Indian Restaurant & Takeaway which is located in Handsworth, Birmingham. The business is now being offered for sale so that he can concentrate on his other business interests.
Since ownership they have refurbished, redecorated and invested in new equipment, along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is overseen by the owner but operated daily by a team of 4 full time and 5 part time members of staff and has an average weekly turnover of circa £5,500. Approximately £3,500 is via the restaurant with the remaining £2,000 coming from the online portals Deliveroo, Just Eat and Uber Eats. They serve a fine range of Indian starters, combos, main courses, signature dishes, accompaniments, rice's and soft drinks. All meals are freshly prepared on site to order using only the highest quality produce and can be enjoyed in the restaurant or taken away.
We believe that there is further potential to increase trade by concentrating on outside catering for function, parties and weddings. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an expanding food business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - closed
Tuesday - Sunday - 12:30pm - 10:00pm

Leasehold
Lease term: 10 years
Remaining: 6 years
Reviewed: 3 yearly
Rent: £18,000 pa
Rates: zero

Ground Floor
Restaurant comprising: seating to cover (42), serve over chilled display counter, ice cream freezer (Marshfield Farm), slimline ice cream freezer and sales counter.
Customer W/C with wash basin and wall mounted hand dryer.
Preparation area with stainless steel table, stainless steel double sink drainer, metal storage racking, saladette with 2 door undercounter fridge and metal wall mounted shelves.
Commercial kitchen comprising: stainless steel double sink drainer with directional hose, metal storage racking, stainless steel double door freezer (Williams), chest freezer, 4 x stainless steel tables, extraction canopy, microwave (Adexa), dual deep fat fryer (Quattro), 6 burner Indian cooker, tandoori clay oven, 3 burner Indian cooker, boiler (Vaillant), rear exit door and walk-in cold room with 2 x stainless steel tables
Staff W/C with wash basin and wall mounted hand dryer.
Dry stores.

External
Small rear yard area.

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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