Restaurants for sale in Loughborough

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Traditional Thai Style Restaurant in Prominent Location

Loughborough, Leicestershire, England

  • Leasehold Price: £75,000
  • Turnover: £312,000
Seller Reference: B05903
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B05903
Request Details
Business Description
Business
Please quote reference B05903 

Hilton Smythe is delighted to introduce to the market Thai Grand, an extremely highly rated, Thai restaurant located in the heart of Loughborough.

The restaurant was taken over by our clients 2 years ago, only now does the business come to the market due to our client’s wish to move on to another business venture.

Thai Grande is located within a large commercial building, the ground floor is the bar and service area as well as where the Thai buffets take place.

The restaurant is fitted to a high standard, with bespoke décor and lighting and modern equipment.

The restaurant boasts an outstanding reputation for offering a fine dining experience with a menu of traditional Thai dishes of the highest quality. The google reviews are currently at 4.3 stars, with customers stating Food is amazing, well presented and very chilled vibe. I love the decor too.’ and ‘Best Thai I've ever had. Lovely staff, excellent service. The restaurant was clean, and all food was fresh and delicious.

The business specialises in all Thai Cuisine, with local favourites being Pad Thai, Thai style Fish cakes, Mixed Platters, Laksa and many more.

The restaurant holds an alcohol licence and is currently open for lunch and evening meals Monday – Saturday.

This is a profitable and ready to walk in business opportunity not to be missed. Early viewing is highly recommended as our client is hoping for a quick sale, our client is offering a hand over period to ensure the continued success of the business. 

Viewings are by appointment only, please contact Hilton Smythe for further information

Location
The business sits in the heart of Loughborough, a large town situated in the bustling area of Leicestershire.

The town is home to Loughborough University, the University of the Year 2020.

The Business is located on The Rushes, a busy high street in the centre of Loughborough, surrounded by a wealth of busy shops, restaurants, supermarkets and other retail stores.

The business further benefits from a high amount of footfall and passing trade.

Premises
The business operates from a large commercial premise located on a high street.

There is a large dining area, with a high amount of covers. Within the dining area, there is a beautifully lit bar and seating area.

The kitchen is of good size, kitted out spaciously and professionally.

Equipment included in the sale briefly comprises of- 

Tables, chairs and bar stools, crockery, extraction system, fridges, 2 door cabinet fridge, large commercial fridge, pot wash sink, commercial dishwasher,  commercial ovens,  hob, grill, Baine Marie, counter top fryers, stainless steel preparation tables, double stainless steel sink, drinks fridges and wine chillers, tall drinks fridge.

There are plenty of car parks in the proximity.

Tenure
 We are advised that this business is leasehold with 14 years remaining on the lease, with rent at £33k per annum.

Hours
Monday: 12-3 then 6-11

Tuesday: 12-3 then 6-11

Wednesday: 12-3 then 6-11

Thursday: 12-3 then 6-11

Friday: 12-3 then 6-11

Saturday: 12-3 then 6-11

Sunday: Closed    

Staff
The business is owner ran with the help of 6 full time members staff.

Financial Profile
The business reports a turnover of £6,000 per week.

Please quote reference B05903 

Tenure:
Leasehold
Listed by:
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