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#Business ID: 14955

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STUNNING LEASEHOLD PUNJABI RESTAURANT IN HUDDERSFIELD WEST YORKSHIRE

Business Location: Huddersfield, West Yorkshire, England

Asking Price: £ 35,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Urban Locks Business Brokers in Manchester are delighted to introduce to the market this stunning restaurant in the centre of Huddersfield. Situated opposite the main bus station, the restaurant has been fitted to the highest of standards and offers a variety of punjabi cuisines.


THE AREA
Huddersfield is a large market town within the metropolitan borough of Kirklees, halfway betwen Manchester and Leeds. The Restaurant is suberbly situated in the centre of Huddersfield, opposite the main bus station, within yards of the towns university, college, sports centre and large number of student accomodation.


THE PREMISES
This prominent detached, two storey sandstone property was designed and built by the owner, specifically for it's current use as a restaurant during 2012. Decorated and fitted to the highest of standards, the restaurant offers a fresh modern surrounding and caters for a vast range of clientele young and old.


THE BUSINESS
The business opened it's doors during November 2012 and has enjoyed superb growth within the short time of trading. It is now being offered to the market at a fantastic price, that includes all fixtures and fittings due to the owners head chef having to return to family abroad.

The restaurants culture is an amalgamation of the Aryans, Greeks, Arabs, Mongols, Persians, Afghans and Indians, and therefore offers a variety of punjabi cuisines to suit different tastes.

There is currently 30 covers on the ground floor and 80 covers on the first floor, but plenty of room to increase upto approximately 150.

All chairs are hand carved and imported from pakistan as is the cutlery that is stunningly engraved with the name of the restaurant.

The building is fully central heated and air conditioned and includes internet, cctv and surround sound music system.

The spacious kitchen is fully fitted with stainless steel kitchen equipment and full commercial exctraction system

Being situated within the major ring road within yards of the university, the business attracts a fantastic young clientele day and night, aswell as young professionals from the surrounding businesses during the day and good repeat custom from the densley populated residential area that is located within close proximity.

The current owner has never applied for an alchohol licence or a late licence due to his own beliefs, but there is huge potential to massively increase an already attractive turnover by introducing this, especially with the vast student population on the doorstep.


GROUND FLOOR
The ground floor consists of;


Spacious entrance hall
Waiting area
Restaurant area with 30 covers
Stunning counter / Bar / Till point
Spacious fitted kitchen
Disabled W/c
Store / preparation room


FIRST FLOOR
The first floor consists of;


Seating area for 80 (potential for more)
Ladies and Gents w/c's
Small store room


CURRENT OPENING HOURS
MONDAY - FRIDAY 12:00 MIDDAY - 11:00PM
SATURDAY & SUNDAY 2:00PM - 11:00PM

FINANCIALS & LEASE DETAILS
CURRENT TURN OVER £2,000 PW
GROSS PROFIT 60%
CURRENT RATES £12,000 PA (CURRENTLY ON APPEAL)


THERE IS A BRAND NEW LEASE AVAILABLE WITH A MINIMUM REQUIREMENT OF 3 YEARS WITH NO UPWARD LIMIT.
RENT £18,000 PA WITH A RENT FREE PERIOD AVAILABLE AT THE BEGINNING.
we believe this to be a fantastic opportunity at a bargain price. The Restaurant is no.1 for the area on trip adviser, and also comes with it's own website. All fixtures and fittings throughout the restaurant are included within the price which means that any new tenant can begin to trade immediately.

Early viewings are highly recommended so as not to miss such a rare opportunity.


Disclaimer
Please Note: All information, measurements, plans and photographs are for general guidance only. The agents have not tested any appliances, facilities or services.

Whilst these particulars are believed to be correct their accuracy is not guaranteed and they do not form any part of any offer or contract.

* Viewing strictly by appointment with Urban Locks *

Property Details

Property Type:

Lease

Other Business Details

Business Location:

Huddersfield Central

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