Hilton Smythe are delighted to welcome to the market this well established and very popular South Indian and Sri Lanka restaurant business in Crookes, South Yorkshire.
The business was established by our clients in 2013 and is only now being offered to the market due to our clients’ desire to re-locate abroad. The business operates 6 days per week and generates a turnover in the region of £177,400 per annum, with a gross profit of approximately 75%.
Our clients offer a wide variety of all-time favourite dishes, including Dosa, Idli and Kothu, alongside traditional regional dishes and chef specialities. There are also a good selection of vegetarian dishes, as well as a fine selection of hot and cold beverages. The premises boasts a 55 cover restaurant area and a bar with an additional 15 covers.
The business has built up an enviable reputation within the area for the high quality and freshness of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours of the business, and perhaps by embarking on a modest marketing campaign to promote the goods and services offered. Our clients already have an excellent and informative website in place.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
Rama’s Bridge Restaurant is a popular and busy South Indian and Sri Lanka restaurant business, occupying substantial ground floor premises, ideally located in Crookes, a suburb of Sheffield, South Yorkshire. The business is situated on a busy road and benefits from a very high footfall and passing trade. The restaurant further benefits from on-street parking facilities to the front of the premises.
Crookes is a busy suburb of the City of Sheffield, approximately 1½ miles west of the city centre. The population of the City of Sheffield in mid-2014 was estimated to be 563,749 residents and is one of the eight largest regional English cities that make up the Core Cities Group. The metropolitan population of Sheffield is 1,569,000.
The area of the property is well served by the public transport system, with several bus stops within easy walking distance of the property. Sheffield railway station is approximately 3 miles away. The area is also well served by the A-roads, with the A61 being within easy driving distance of the property, which links to the national A-road and motorway networks. Rotherham is approximately 8½ miles away and Barnsley is 15 miles away.
Substantial ground floor premises, briefly comprising:
Lower ground floor:
Cellar used for storage.
Large 55 cover restaurant area with marble top table, chairs and benches.
Bar area with:
3 x points of dispense.
3 x bottle chillers.
Wash basin unit with worktop.
6 x bar chairs/stools.
Glass display unit.
Wine display shelving around bar.
Two tier shelving unit for glasses storage.
Ladies & gents WCs.
Fully equipped kitchen with:
6 x burner range cooker.
Large 1.5 metre Dosa plate cooker.
Double deep fat fryer.
3 x stainless steel preparation tables.
2 x hand wash basins.
8 x stainless steel shelf units.
2 x under counter freezers.
Under counter refrigerator.
Extractor fan with auto gas safety shut down connected.
Preparation kitchen/cold kitchen with:
Two metre length double shelf plate warmer.
Large wash basin and sink unit.
Large refrigerator with five shelves.
Salad counter with double door, under counter refrigerator.
Infrared food warmer with two shelves.
3 x stainless steel shelf units.
Stainless steel table.
Rear private parking with 3 x allocated spaces.
We are advised Leasehold:
Original lease length: 15 years
Remaining lease length: 5 years
Review every: 5 years
Rent: £30,000 per annum.
The business is open:
Tuesday – Friday: 4.30pm – 11.00pm
Saturday: 12.00am – 12.00am
Sunday: 12.00pm – 11.00pm
The business is owner run and managed with staff members.
The business generates a turnover in the region of £177,400 per annum, with a gross profit of approximately 75%.
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