£495,000

Restaurant for sale

  1. Property photo 1 of 1.
Business

Guide price

£495,000

(£146.02/sq. ft)

Restaurant for sale

Derby DE65

3,390 sq. ft

Local area information

Property location

Nearby amenities

  • Willington 0 miles
  • Willington Primary School 0.4 miles
  • Repton School 1.1 miles
  • Burton-on-Trent 4.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Lease Assignment & Business for Sale
  • Popular & well established Indian Restaurant for Sale
  • Consistent net turnover of over £1.2 million in the last 3 years
  • Potential to increase turnover by introducing breakfast & weekdays lunch
  • Fully fitted restaurant, bar and open plan kitchen
  • Circa 3390 sq. Ft. With approximately 100 covers
  • Benefits with outdoor seating for up to 50 covers
Well Established Indian Restaurant for Sale in Derby

Property id: Rps-23114

proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main details


Popular & well established Indian Restaurant for Sale
Consistent net turnover of over £1.2 million in the last 3 years
Potential to increase turnover by introducing breakfast & weekdays lunch
Fully fitted restaurant, bar and open plan kitchen
Circa 3390 sq. Ft. With approximately 100 covers
Benefits with outdoor seating for up to 5o covers

landlord’s requirements

Guarantor required (subject to references)
6 month’s rent deposit required (subject to references)
Other usual checks will be carried out
Lease details


Lease: Ending Jan 2028 (Inside the Act of 1954)
Option of new 10 years lease
Current Rent: £52,500 + VAT
Rent review: Every 5 years with next review due in Jan 2028
Premium: 495,000 (Business, Lease & fixtures and fittings)
The premises


Circa 3390 sq. Ft spread over one level
100 covers restaurant with bar & open plan kitchen
Benefits from outdoor seating for up to 50 covers
Gas, extraction & alcohol licence in place
New Rateable Value: 45,000

Payable rates: Circa £17,190/annum (please confirm with local council)
The business


Net turnover: 2024: £1.3 million & 2025: £1.2 million
Well established & popular Indian restaurant
Our client manages the business with 11 full-time and 5 part-time staff members
Selling business due to other businesses
Viewings & confidentiality


All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
Disclaimer


The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Restaurant Property Sellers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Restaurant Property Sellers for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Derbyshire
  4. Derby
  5. Willington
  6. Findern Lane