ESTABLISHED INDIAN RESTAURANT FOR SALE – PRIME LOCATION IN HERTFORDSHIRE | REF: CS0751
£100,000
Location:
Skyline Properties is delighted to present this well-established Indian restaurant located in Hertfordshire, in one of the busiest and most affluent parts of the area. The restaurant benefits from a highly visible position with excellent transport links—just a 5-minute walk from both the local train and bus stations—making it easily accessible for both customers and staff. It is situated approximately 2 miles from several local schools, offering strong potential for lunchtime and early evening family trade. The property is also close to a local park, further increasing footfall throughout the day, and is surrounded by residential developments and popular retail outlets, ensuring a steady stream of passing traffic.
Reason for Sale: Due to young family and other commitments.
Overview:
This is a long-standing Indian restaurant that has been successfully operating for the past 9 years. The premises are fully fitted, including a walk-in fridge, a commercial-grade kitchen tailored for Indian cuisine, CCTV system, alcohol licence, and staff parking. It currently accommodates 40 covers, with the potential to increase to 50. Additionally, the business holds a sponsorship licence.
Total Area: Approx 900 sq.ft plus garden space at the rear.
Turnover:
Approximately £6,500 per week.
£4500 from the Restaurant Business and £2000 from Dark kitchen business serving fast food .
Potential:
The business offers excellent opportunities for growth. There is strong potential to introduce a breakfast menu and fast food options such as fish and chips to attract daytime trade. At the rear of the premises, there is a walk-in chiller currently used for storage, which could be converted into a shisha lounge (subject to planning permission), offering a unique service in an area with little to no competition. Launching an in-house delivery service could further increase profitability by capturing local demand.
Rent:
£23500 per annum
Rates:
£7000 per annum
Tenure:
Leasehold – 11 years remaining on the lease.
Timings:
Currently trading from 5:00 PM to 10:30 PM.
Additional Potential:
There is great scope to increase revenue by opening earlier in the day to offer breakfast and lunch. Extending evening hours could also attract additional customers and further boost sales.
The business is being marketed for £100,000 for the goodwill, plus stock at valuation (SAV). This includes all fixtures and fittings.
For more information or to arrange a viewing, contact Skyline Commercial Properties on 0204 572 0717 or email us at info@skylinecommercialproperties.co.uk.
Tenure: Leasehold
Reference: CS0751
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
