Exquisite Indian Restaurant in Leicester City Centre

Leicester, Leicestershire
REF: R07663

Asking Price:
£60,000
Annual Turnover:
£120,000
Annual Net Profit:
£30,000
REF: R07663

Overview

Tenure:
Leasehold
Established:
2008
  • Excellent reputation
  • Huge growth opportunity
  • Spacious premises
  • Low overheads
  • Friendly, professional team

Positioning itself firmly in the fine dining segment of the restaurant industry, is a multiple award-winning Nepalese and Indian cuisine restaurant in Leicester. It has a proud historic legacy as one of the city’s first Gurkhas Nepalese restaurants and offers its guests a high quality of food and service.

All of the menu items are freshly prepared in-house with delicious ingredients and a special blend of herbs and spices, immaculately presented to the best standards.

As well as hosting up to 150 covers, the business also has an alcohol license, offers takeaway delivery, external catering, and private functions for both corporate and social occasions.

Currently, rates are payable at a rate of £6,000 P/A - however, a reduction is currently being negotiated with the local council and HMRC.

Operating from a two-floor property in the heart of Leicester’s city centre, Everest Dine features an elegant glossy wooden and glass exterior, alongside a small foyer and grand doorway.

Upon entering the premises, customers are immediately met by a staff counter and comfortable leather seating area to the left. The large dining area is to the left and right of the entrance. The sophisticated interior includes chandelier lighting, tasteful cream and beige wallpaper, white tablecloths and black leather seating. Sequences of mirrors in ornate frames help to emphasise the spacious nature of the restaurant, and the bar is found towards the back of the ground floor, on the right hand side. A red carpeted staircase in the centre of the ground floor escorts guests up to the second floor, where the W/C facilities are located alongside two large functions rooms.

No equipment or assets are included in the sale, but the current owner is willing to stay on for a transitional period.

This is the ideal purchase opportunity for a current Indian Restauranteur, or a family seeking a strong business to run together.

Despite significant popularity amongst Leicester’s residents already, the business could be developed further. For example, the new owner could run advertising, implement a social media marketing campaign, host themed events, or partner with related service providers. Each of these possibilities could effectively increase the number of clientele and consequently boost profits.

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  • Nearby parking
  • City centre location
  • Close to universities
  • High footfall
Rent
£30,000
Rates
£6,000
Lease Term
25
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
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Annual Net Profit
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Stock at Valuation
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Accounts
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Trading Entity
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Current Ownership
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Management Structure
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Number of Employees
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