Renowned Indian Restaurant for Sale in London

London
REF: INT2066

Asking Price:
£120,000
Annual Turnover:
£260,572
Annual Net Profit:
TBC
REF: INT2066
Photo of Renowned Indian Restaurant for Sale in London
Photo of Renowned Indian Restaurant for Sale in London
Photo of Renowned Indian Restaurant for Sale in London
Photo of Renowned Indian Restaurant for Sale in London

Overview

Tenure:
Leasehold
Established:
2006
  • Excellent Reputation
  • Huge Growth Potential
  • Well Equipped Business
  • Equipment Included
  • Spacious Premises

A unique opportunity has arisen to purchase a well-established and highly reputable Indian restaurant in an ideal location next to Willesden Green tube station.

Established in 2006, the restaurant is highly popular in London, with their customer base made up of a number of longstanding regulars and travellers from further afield. The restaurant's great location and fantastic public transport links drives high levels of passing trade and footfall. There is very little competition in this area and the restaurant marks highly above others nearby, with 5* reviews on TripAdvisor and Facebook.

They offer signature Indian dishes such as mouth-watering curries, tandoori specials, vegetable dishes and others, alongside an extensive drinks menu.

Their stunning authentic interior seats 75 covers with a new 10-year lease signed in 2021, which is relatively inexpensive rent for the area. This stunning restaurant has huge potential for expansion due to its brilliant reputation and excellent food.

This authentic Indian restaurant is situated in an ideal location next to Willesden Green underground station, in an upmarket part of North West London.

The premises of the restaurant is divided into two floors, the ground floor being the restaurant, bar and the disabled toilet. The bar is located in the middle, with sitting areas on both sides, offering a wide range of alcoholic and non-alcoholic beverages.

In the basement, there is the kitchen, storage and further toilet services, with a recently fitted new exhaust and water drainage system.

There is huge growth potential for this successful restaurant, with an already established customer base and perfect location benefiting from high footfall, the restaurant would be a brilliant purchase for someone within the food sector.

There scope for expansion is plentiful. The current vendor originally planned to open 5/6 restaurants around London and with the right purchaser, this could be a highly beneficial plan to carry out.

Developing the restaurant to have an exclusive, high-end feel with a higher profit margin could raise business turnover - as would offering delivery or catering services in the surrounding areas.

Features

Key Information

  • Number of Covers: 75
  • External Catering: Yes
  • Hygiene Rating: 4

Reputation

  • Google: 4.1
  • TripAdvisor: Very Good

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Website: www.spice6.co.uk

Location

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  • High Street Location
  • High Footfall
  • Nearby Car Parking
  • Good Transport Links
  • Limited Competition

Property

Annual Rent
£19,800
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2031
Accommodation Included
No
EPC Rating
TBC

Financial & More

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