Leasehold Korean Restaurant, Huntingdon Street, Nottingham, Nottinghamshire, NG1 3NA
Leasehold
£84,995
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Restaurant for sale
- USE CLASSUse class orders: A3 Restaurants and Cafes
A3
Key features
- Leasehold Korean Restaurant
- Only Trades Friday & Saturday
- New Lease To Be Granted
- Excellent Location
Description
Leasehold Korean Restaurant Located In Nottingham City Centre
Only Trades Friday & Saturday
New Lease To Be Granted
Excellent Location
Ref 3120
Asking Price £84,995 plus SAV
Location
This well positioned Korean Restaurant is located on Huntingdon Street in Nottingham city centre. Huntingdon Street is a busy arterial road that connects key areas of the city and benefits from high footfall and strong visibility. The location is surrounded by a mix of student accommodation, residential properties and commercial businesses. Notable nearby destinations include the Victoria Centre (0.3 miles), Nottingham Trent University (0.4 miles), and the Lace Market and Hockley districts (0.6 miles), all within easy walking distance. Nottingham Train Station is approximately (1 mile) away, offering excellent transport links. The area is popular with students, professionals, and visitors, with several large student developments such as Vita Student and Trinity Square located nearby.
Business Description
Veritas Business Sales is delighted to offer for sale the leasehold Korean Restaurant which is located in Nottingham's vibrant city centre. Established in 2013, the business is now being offered for sale due to the owners' desire to focus on their other restaurant ventures, creating a fantastic opportunity for a new operator.
Since acquiring the premises, the current owners have fully refurbished the property, installing quality Asian kitchen equipment and authentic interior furnishings, all of which are included within the sale price. This turnkey setup means no further investment is required, allowing a new owner to begin trading immediately. The restaurant is owner operated with support from 4 part time members of staff. Despite limited trading hours, it generates strong turnover, with financial information available upon request. With excellent online reviews, averaging 4.5 to 4.8 stars on Tripadvisor, Uber Eats, and Google and a 5 star Food Hygiene Rating, the business has built a solid reputation and enjoys regular repeat custom. The restaurant is perfectly positioned in a busy student hub, just steps from large student residences such as Arcadian and Straits Village, and only (0.6 miles) from Nottingham Trent University. This location makes it particularly attractive to Nottingham's sizeable Chinese and East Asian student population. Proximity to well known Asian supermarkets like Asiana Hypermarket and Oriental Mart, alongside a growing Asian dining scene, enhances its appeal as a go to spot for familiar, high quality cuisine. The premises benefit from zero business rates, and with the fully fitted commercial kitchen, the restaurant is ready for immediate operation. There is significant potential for growth simply by extending trading hours, making this an opportunity not to be missed and as such an early viewing is highly recommended.
Opening Times
Friday & Saturday - 17:00 - 22:00
Sunday - Thursday - closed
Leasehold
New lease to be granted
Rent: £20,000 per annum
Business Rates: Zero
Ground Floor
Counter serving area comprising: serving hatch from the kitchen, bespoke serve over counter, undercounter shelving, fitted units, till and tables and chairs for (6) covers.
Main restaurant area comprising: 3 x large wooden side boards, high chairs, wall mounted mirror, wall art, wall mounted air conditioning & heating unit, tables and chairs for (36) covers
W/C's unisex with toilet and sink.
Kitchen area: comprising of a hatch through to the serving area, 6 ring hob including 4 wok burners, separate 6 ring gas hob with oven, commercial extractor unit, stainless steel shelving x3, wall mounted stainless steel shelving, commercial microwave, rice steamer, twin basket deep fat fryer, assorted knives, chopping boards, cutlery, crockery, kitchen utensils, double stainless steel sink, hand wash sink, soap dispenser, paper towel dispenser, insect zapper and CCTV system.
Storage area comprising: small chest freezer, additional chest freezer, tall fridge x2, microwave, wooden shelving and fire exit leading to the side street.
The property features an air conditioning unit that doubles as a heat pump, providing an economical way to maintain a comfortable, consistent temperature in the restaurant throughout the year.
EPC Rating C
Only Trades Friday & Saturday
New Lease To Be Granted
Excellent Location
Ref 3120
Asking Price £84,995 plus SAV
Location
This well positioned Korean Restaurant is located on Huntingdon Street in Nottingham city centre. Huntingdon Street is a busy arterial road that connects key areas of the city and benefits from high footfall and strong visibility. The location is surrounded by a mix of student accommodation, residential properties and commercial businesses. Notable nearby destinations include the Victoria Centre (0.3 miles), Nottingham Trent University (0.4 miles), and the Lace Market and Hockley districts (0.6 miles), all within easy walking distance. Nottingham Train Station is approximately (1 mile) away, offering excellent transport links. The area is popular with students, professionals, and visitors, with several large student developments such as Vita Student and Trinity Square located nearby.
Business Description
Veritas Business Sales is delighted to offer for sale the leasehold Korean Restaurant which is located in Nottingham's vibrant city centre. Established in 2013, the business is now being offered for sale due to the owners' desire to focus on their other restaurant ventures, creating a fantastic opportunity for a new operator.
Since acquiring the premises, the current owners have fully refurbished the property, installing quality Asian kitchen equipment and authentic interior furnishings, all of which are included within the sale price. This turnkey setup means no further investment is required, allowing a new owner to begin trading immediately. The restaurant is owner operated with support from 4 part time members of staff. Despite limited trading hours, it generates strong turnover, with financial information available upon request. With excellent online reviews, averaging 4.5 to 4.8 stars on Tripadvisor, Uber Eats, and Google and a 5 star Food Hygiene Rating, the business has built a solid reputation and enjoys regular repeat custom. The restaurant is perfectly positioned in a busy student hub, just steps from large student residences such as Arcadian and Straits Village, and only (0.6 miles) from Nottingham Trent University. This location makes it particularly attractive to Nottingham's sizeable Chinese and East Asian student population. Proximity to well known Asian supermarkets like Asiana Hypermarket and Oriental Mart, alongside a growing Asian dining scene, enhances its appeal as a go to spot for familiar, high quality cuisine. The premises benefit from zero business rates, and with the fully fitted commercial kitchen, the restaurant is ready for immediate operation. There is significant potential for growth simply by extending trading hours, making this an opportunity not to be missed and as such an early viewing is highly recommended.
Opening Times
Friday & Saturday - 17:00 - 22:00
Sunday - Thursday - closed
Leasehold
New lease to be granted
Rent: £20,000 per annum
Business Rates: Zero
Ground Floor
Counter serving area comprising: serving hatch from the kitchen, bespoke serve over counter, undercounter shelving, fitted units, till and tables and chairs for (6) covers.
Main restaurant area comprising: 3 x large wooden side boards, high chairs, wall mounted mirror, wall art, wall mounted air conditioning & heating unit, tables and chairs for (36) covers
W/C's unisex with toilet and sink.
Kitchen area: comprising of a hatch through to the serving area, 6 ring hob including 4 wok burners, separate 6 ring gas hob with oven, commercial extractor unit, stainless steel shelving x3, wall mounted stainless steel shelving, commercial microwave, rice steamer, twin basket deep fat fryer, assorted knives, chopping boards, cutlery, crockery, kitchen utensils, double stainless steel sink, hand wash sink, soap dispenser, paper towel dispenser, insect zapper and CCTV system.
Storage area comprising: small chest freezer, additional chest freezer, tall fridge x2, microwave, wooden shelving and fire exit leading to the side street.
The property features an air conditioning unit that doubles as a heat pump, providing an economical way to maintain a comfortable, consistent temperature in the restaurant throughout the year.
EPC Rating C
Leasehold Korean Restaurant, Huntingdon Street, Nottingham, Nottinghamshire, NG1 3NA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lace Market Tram Stop0.3 miles
- Royal Centre Tram Stop0.3 miles
- Old Market Square Tram Stop0.3 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference 3120. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by VERITAS BUSINESS SALES LTD, East Midlands. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.