Leasehold Nepalese & Indian Restaurant, Bridge Street, Walsall, West Midlands, WS1 1JQ

Leasehold Nepalese & Indian Restaurant Located In Walsall
Ratings / Facebook 5.0 / TripAdvisor 5.0 / Google 4.7
Licensed 60 Cover Restaurant
Ref 2875

Location
This respected Nepalese & Indian Restaurant is located in Walsall town centre. Situated within a prominent and highly visible trading position on Bridge Street. Walsall town centre offers an array of retail shops, bars and restaurants all of which bring high levels of footfall to the area. Walsall is (8 miles) north-west of the city of Birmingham and (6 miles) east of the city of Wolverhampton. The town is accessible as it is served by the M6 which connects the M1 motorway towards London. There are three nearby junctions which serve Walsall on the M6 motorway, junctions 7, 9 and 10. The stretch between these junctions is one of the busiest in Europe. The town is also served by the A34 road which connects Manchester and the M42 motorway towards London and is connected regionally by the A454 Black Country Route.

Freehold Asking Price: £34,950 plus SAV (£1,500)

Business Description
Veritas Business Sales are delighted to offer for sale this outstanding Nepalese & Indian Restaurant which is located in Walsall. The business has been established for many years and has been in the careful hands of our client for the past 8 months. Reluctantly he is now offering the business for sale due to unforeseen health problems. Since ownership they have refurbished, redecorated and invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Gurkha Bhojan is owner operated with the help 2 full time and 2 part time members of staff and has an average weekly turnover of between £3,000-£3,500. They serve authentic Nepalese & Indian dishes many of which are signature which can be enjoyed in the 60 seater licensed restaurant.
The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade local trade. This is a great opportunity for a first time restaurant owner to enter the market and as such early viewing is highly recommended.

Opening Hours
Monday - closed
Tuesday - Sunday - 5:30pm - 10:30pm

Leasehold
Term: 15years
Remaining: 14 years 3 months
Rent: £8,796 pa
Business Rates: zero

Ground Floor
Vestibule entrance porch leading into the main restaurant comprising: tables & chairs to cover (60), condiments area, bar servery with draught (Cobra) pump, 3 door undercounter drinks fridge, shelves for glass storage, EPOS till system.
Small stockroom and metre cupboard.
Gents W/C with wash basin and wall mounted hand dryer.
Ladies W/C with wash basin and wall mounted hand dryer.
Kitchen comprising :hot food cupboard, stainless steel table with 2 x shelves, microwave (Swan), upright fridge/freezer (Bush), stainless steel fridge (Gram), chest freezer, storage cupboard, stainless steel worktop with 3 door undercounter fridges, stainless steel table with commercial tin opener, stainless steel double sink, wash basin, wall mounted metal drainer, wall mounted knife rack, stainless steel table, tandoori clay oven, 8 burner Indian cooker, extraction canopy, small metal table, combination boiler (Main) and rear exit door.

External
Rear service road. Outside storeroom with W/C and wash basin.

EPC Rating D