Leasehold Indian Restaurant Located In Stirchley

Leasehold Indian Restaurant Located In Stirchley
Over 70 Covers
Licensed
Ref 3006

Asking Price £32,500 plus SAV (£2,000)

Location
This Indian Restaurant is located in Stirchley, Birmingham. Situated within a prominent and highly visible trading position on the busy (A441) Pershore road. The immediate area offers plenty of retail business and an abundance of residential properties which brings decent levels of footfall to the area. Birmingham city centre is (4.5 miles) away.

Business Description
Veritas Business Sales are privileged to offer to the market delightful leasehold Indian Restaurant which is located in Stirchley. There has been a restaurant operating from these premises for over 50 years and the business has been in the hands of our client for the past 4 weeks. They are now offering the restaurant for sale due to an unforeseen partnership problem.
Since ownership they have undertaken total refurbishment, redecoration and they have 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. Punjabi Dhaba Grill is overseen by the owner with the help of 2 full time and 1 part time members of staff and has an average weekly turnover of circa £2,500. Approximately £1,700 is from the restaurant and bar, with the remaining £800 deriving from delivery collections. They serve speciality Punjabi dishes which are freshly prepared to order and can be enjoyed in the relaxed and cosy restaurant.
We believe that there is potential to increase trade should you wish by extending the current opening times. The business in a short time has built 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 a fully fitted restaurant where all the hard work has been done, which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – 17:00 – 23:00
Tuesday – closed
Wednesday – Sunday – 17:00 – 23:00

Leasehold
New lease to be granted
Rent: £15,600 pa
Rates: zero

Ground Floor
Restaurant comprising: tables & chairs to cover (32), bar area with stainless steel sink drainer, 8 x wall mounted glass shelves, worktop, Cobra draught beer pump, wine cooler, 2 door undercounter fridge (Prodis), worktop with cutlery area, ice machine (Cooks) and stairs leading to the first floor.
Commercial kitchen comprising: 9 burner Indian cooker, extraction canopy, saladette with 2 door undercounter fridge, stainless steel table, stainless steel hot cupboard with gantry, CCTV monitor (4 camera system), stainless steel double sink the can opener, commercial microwave (Whirlpool), various pots & pans, tandoori clay oven (Sham tandoori), stainless steel table with gantry, small fridge (Polar), stainless steel 2 door fridge (Beko), stainless steel upright fridge (Kenwood), insect zapper and rear exit door. fridge (iarp), chest freezer, rotary chicken oven, stainless steel table, potato storage area, shelf, portable fan and rear exit door.

First Floor
Restaurant with tables & chairs to cover (40), wall mounted TV, combination boiler (Baxi), counter with storage shelves.
Gents W/C with wash basin and wall mounted hand dryer.
Ladies W/C with wash basin, wall mounted mirror and wall mounted hand dryer.
The property benefits from UPVC double glazing and gas fired central heating

External
Rear yard with staff W/C with wash basin. Storeroom with 2 x small chest freezers, wooden storage shed, side alley for access to the frontage and metal stairs/fire escape.

EPC Rating C