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Restaurant for sale

Leasehold Modern Shisha/Desserts Lounge & Pan-Asian Restaurant & Takeaway Located in Nottingham
Restaurant
Added > 14 days

Features and description

  • Leasehold Pan Asian Restaurant & Takeaway
  • Shisha
  • Dessert Lounge
  • Established Business

Leasehold Modern Shisha/Desserts Lounge & Pan-Asian Restaurant & Takeaway Located in Nottingham
Scalable Business Model
Strong Customer Base
Established Business
High Turnover
Ref 3060

Asking Price £174,995 plus SAV £2,000

Location
This modern, ready-to-operate business is situated in Lenton, Nottingham. Lenton is a residential area in Nottingham, situated just west of the city centre. It is bordered by Radford to the north, Dunkirk to the south, and the University of Nottingham's main campus to the west. This prime location makes Lenton particularly popular among students from the University of Nottingham and Nottingham Trent University. The area offers a variety of shops, restaurants, and leisure facilities catering to both students and permanent residents. The business is ideally located just (1.5 miles) from Nottingham city centre and (6 miles) from Junction 25 of the M1.

Business Description
Veritas Business Sales are pleased to present a unique and exciting opportunity to acquire three thriving businesses operating from the same trading site. This well-established Shisha & Dessert Lounge, Pan-Asian Restaurant, and Takeaway are ideally situated in Lenton, Nottingham. Originally established in 2016, the businesses have been expertly transformed into the successful enterprises they are today by the current owners who are now offering them for sale to focus on other projects. The premises were completely renovated and remodelled by the current owners, with significant investment in high-quality equipment, fixtures, and fittings, all of which are included in the sale price. This ensures that the new owner will not need to make further investments for the foreseeable future. Furthermore, the sale includes full ownership of the brands, along with marketing materials such as websites and social media channels.
The Garden Shisha & Desserts Lounge and Tikhana Restaurant & Takeaway are flourishing businesses, boasting a loyal customer base of students and families alike, over 9,000 social media followers, and glowing reviews. Operated by a team of 10 part-time staff, the businesses generate a consistent and solid weekly turnover, with detailed financial information available upon request.
The Garden Shisha & Desserts Lounge is renowned for its exceptional reputation, offering a diverse menu featuring premium shisha, exquisite coffee, and indulgent desserts. The business takes pride in its carefully curated selection of unique shisha flavours, crafted using the finest ingredients to deliver an unmatched customer experience.
Tikhana Restaurant & Takeaway is a family-friendly establishment celebrated for its authentic pan-Asian menu, which includes Indo-Chinese delicacies and succulent charcoal grill options. The restaurant is further distinguished by its innovative mocktails and desserts, designed to complement the main menu and provide a complete dining experience. With its warm and luxurious ambience, Tikhana offers a vibrant setting that is perfect for families and gatherings.
There are additional revenue opportunities as the premises includes the Blossom Lounge, which offers a fantastic space for private parties, comfortably accommodating up to 50 guests. Although no alcohol is served on the premises due to religious considerations, businesses of this type typically see an annual revenue increase of 40%. There is also significant potential to expand delivery services by partnering with other major delivery platforms, as the business currently only operates exclusively through UberEATS. This is a fantastic turnkey business opportunity where all the groundwork has been completed, enabling the new owner to start trading immediately. Early viewing is highly recommended, as this well-regarded business is competitively priced to sell.

Opening Times
Monday - Friday - 17:00 - 02:00
Saturday & Sunday - 16:00 - 02:00

Leasehold
New Lease to be Granted
Rent: £600 +VAT per week
Business Rates: TBC

Ground Floor
The Garden Shisha Lounge area comprising: floral decorative walls, neon display lights, combination of 6 x booths accommodating up to (58) people, 14 x single chairs along with bench seating catering up to (30) people, 17 x tables, 6 x tall patio heaters, 7 x wall mounted heaters, Epson projector, 2 x 65” TV's (Samsung), 1 x 65” TV, (Sony) and garden swing chair.
The Garden Shisha Kitchen comprising, commercial sink, assortment of storage shelves, over 60 shisha Hookah's pipes, bases and an assortment of different tobacco flavours.
Serving area comprising: bespoke counter, 65” TV (JVC), 3 x glass undercounter fridges (Blizzard), commercial coffee grinder, commercial coffee machine (La Spaziale), epos till, cash draw, printer, large suede sofa, and wooden garden swing chair.
Kitchen comprising: fly zapper, wall clock, fire extinguisher, chest freezer, dishwasher (Kenwood), double stainless steel sink, , 3 x under counter fridges, commercial waffle iron (American Desserts), commercial over (Blizzard), microwave, 4 x stainless steel worktops with under storage, wall mounted shelves, wall mounted cupboards, assortment of crockery, cutlery and kitchen utensils.
W/C unisex and disabled with hand dryer.
Blossom Lounge area comprising neon display wall lights, floral designs, wooden swing chair, suede sofa, 2 x tables , 2 x chairs, 5 x tables, wall bench seating, 5 x chairs, 2 x suede booths seating for (26) people, 60” TV and bespoke serving counter.
Walkway through to additional toilets and Tikhana Restaurant
W/C separate ladies and gents with toilet, handwash basin and hand dryers.
Tikhana Restaurant & Takeaway can be accessed from the Garden Blossom Lounge or its separate entrance off the main road.
Restaurant comprising floral decorative walls, neon display lights, combination of 3 x suede booths, up to (18) people, wall bench seating , 9 x tables, 9 x chairs, 2 x highchairs, assortment decorative vases and window ornaments.
Doorway leading to the takeaway comprising, floral wall display, suede bench seating, bespoke counter, glass food display serve over counter and till.
Open kitchen comprising: fly zapper, saladette with fridge (Polar), hand wash sink, commercial 3 ring gas Wok stove (Gastrotech), commercial 6 ring gas stove (Unique), commercial extractor, authentic commercial charcoal grill, microwave (Morphy Richards), twin basket fryer (Blue Seal), tandoori oven (Shaan), wire shelving, tall stainless fridge (Foster), additional sink with hand
wash, undercounter fridge (Norfrost) and assortment of woks, pans and kitchen utensils.
Back kitchen comprising, undercounter fridge (Williams), commercial extractor, single commercial wok stove, 5 x ring gas stove, twin deep fat fryer (Buffalo), microwave (Kenwood), handwash sink, commercial twin sink and wire racking.

External
To the rear is a large bins area and to the front is ample on street car parking for staff and customers.

The property benefits from double glazing and gas central heating

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About this agent

Veritas Business Sales - Solihull
Veritas Business Sales - Solihull
Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG
0121 721 6440
Full profileProperty listings
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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