Restaurants for sale in Leicester

View the "Chinese Restaurant & Takeaway In Sought-After Area" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Leasehold Price: £19,999 Price Reduced Turnover: £85,000
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Business Description
Business
Hilton Smythe welcomes to the market The Royal Chef.

The business has been operated by the current vendor for over two years in which time it has built up a steady and reliable clientele within this busy and sought-after area of the City.

Due to family commitments this rare and exciting opportunity has now become available

The business benefits from its location and accessibility, as well as its excellent menu options giving the customer a wide and varied choice including all the treats from the orient as well as English options that are available to enjoy either in the restaurant section or to take away.

The business affords the opportunity for a new operator to take an already established site and put their own spin on things taking it to the next level.

Scope to Improve:

• The Food offering at the business could easily be changed or tweaked
• New operator obtaining an alcohol licence to be able to serve beers wines and spirits
• Extending the opening hours
• Developing the delivery service and on-line ordering facilities

A golden opportunity with very little in-going and running costs.

Location
Situated on the much sought-after Narborough Road in the West End of Leicester City.

The site is easily accessible on foot and by all modes of transport on one of the main arterial links into the City with a highly dense residential and business population surrounding the premises.

The site is a short distance from the King Power Stadium, Leicester Royal Infirmary along with areas of the University campus.

Premises
Ground floor restaurant on a corner plot located on Narborough Road in Leicester with approximately 35 covers.

Restaurant

• Main service counter with display unit
• Takeaway waiting area
• All sofas
• Soft furnishings
• Tables
• Chairs
• Bar furniture
• Ground floor ladies & gents toilet facilities

Main Kitchen

• View out to the restaurant
• Main gas cooker with stainless steel surround
• Stainless extractor over
• Stainless hot food storage units
• Stainless food preparation counters
• Storage facilities
• Fridge freezers
• Cold storage units
• Deep fryers
• Additional cooking ovens

There is two-bedroom residential accommodation with separate access to the first floor that can also be made available to any interested parties subject to negotiation.

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £11,000 per annum with 16 years remaining on the current lease

Hours
The opening hours are currently

Sunday to Thursday: 5.00 pm to 11.30 pm
Friday & Saturday: 5.00 pm to 12.00 pm

Staff
The business is run and managed by the current vendors with family members assisting.

Financial Profile
We are advised the business is currently turning over in the region of £180,000 per annum trading limited hours

The rateable value of the premises is £16,000 per annum

The business rates payable are currently £4,000 per annum

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04744
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