Restaurants for sale in Huddersfield

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Popular Takeaway & Restaurant in Huddersfield

Huddersfield, West Yorkshire, England

  • Leasehold Price: £64,995  Price Reduced arrow_drop_down
  • Annual Turnover: £150,000
  • Annual Gross Profit: £105,000
Seller Reference: 6167
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Business Description
 
 
 
 
 
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Seller Reference: 6167
Request Details
Business Description
Annual Turnover £150,000
Gross Profit £105,000
Closed On Sundays
Scope for Lunch & Breakfast Time Trade
Customer Seating for 24 Ground Floor & 40 on 1st Floor
EPC - C
REF 6167 – Leasehold Takeaway & Restaurant

Blacks Brokers are pleased to bring to the market this leasehold takeaway and restaurant located in a busy area and much sought-after area of Huddersfield, West Yorkshire.

INTRODUCTION

Malaikas Grill Bar has been trading on Cross Church Street since 2008 with our client in ownership since opening. The business has established itself well within the local community, gaining a good customer base and a superb reputation along with good online reviews and a strong online following.

LOCATION

Located on Cross Church Street in the town centre of Huddersfield, the business is close to Kingsgate Shopping Centre and Huddersfield University. This area is well linked by the M62 and A640, with excellent transport links in place and free parking is available in the immediate area after 6pm.

REASON FOR SALE

The business is only being offered for sale due to our client’s family commitments and a lack of time to run this busy shop.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is twenty years and began in 2007 at a cost of £384 per week.

BUILDING LAYOUT AND DESIGN

Malaikas Grill Bar occupies the ground and first floor of a mid-terraced retail unit within a parade of other shops and local businesses.
Externally, the business is well branded with striking, modern signage displayed which is displayed above a fully glazed, double frontage. Inside, the café dining area is nicely presented with seating for 64 based over 2 floors in stylish booths and a stainless-steel customer servery to the rear along with a fully-equipped kitchen. The first floor is used as a restaurant and is presented to a very high standard. This area provides seating for twenty-four and can be used for private functions.
There is also a cellar and second floor also used for storage.

This is a commercial property and there is no living accommodation included.

STAFF

The business is currently operating with 2 members of staff in employment.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates an annual turnover of £150,000 with gross profits of £105,000.

SUMMARY

This leasehold business is well-established and well-known within this area. It occupies an enviable trading position and is superbly presented throughout. There is plenty of scope for expansion with the introduction of new opening hours, deliveries and more events and private functions in the first floor restaurant area. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations already in place. Early viewings are strongly advised. Fixtures:
Tv

2 x Donner machine

Display fridge

Fish and chip range

Stainless steel work tops

Pizza oven

Commercial cooker

Pizza rolling machine

Grill

Fryer

1 pressure fryer

4 pot bain-marie

Commercial microwave x 2

Fridge x 4

Drinks display fridge

Potato rumbler

Chipper

Chicken rotisserie

Freezer x 3

Sink
Trading hours:
Mon-Sat: 20:00 – 04:00 Sun - Closed
Tenure:
Leasehold
Location Details:
Huddersfield
Leasehold Term:
£384 Per Week
Listed by:
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