Licensed Restaurant For Sale or Lease DUDLEY, West Midlands, United Kingdom Advert ref: LR856K Business description
There are 60 covers in this licensed restaurant in three separate rooms which are all adjoining with feature archways, however the tables are quite large and well spaced, so 80 covers are possible.
The restaurant is attractively designed and has a warm welcoming atmosphere.
There is a waiting area for customers to enjoy cocktails etc while waiting to be seated and these are served from a semi-circular impressive bar. In this waiting area there is also a delightful aquarium.
This long established business has been owned by the present owners for twelve years. We understand it was Dudley’s first fully licensed Balti restaurant and it offers a wide range of meals including Bangladeshi and Kashmiri style cuisine. Weddings and private functions are welcomed and a take away service is also provided, as well as home deliveries within a four mile radius.
To the rear is a fully equipped kitchen, and there is a full sized cellar for additional storage and the beer cellar
On the first floor there are six rooms that are suitable for letting to students, or similar occupants who only require basic accommodation. They do not have any facilities but there is a large communal bathroom and a good sized kitchen which are both shared by the occupants.
When the rooms are all occupied, they have a potential income of around £300.00 a week, or £15,600 a year. This floor is accessed by the door to the side of the restaurant and with the space available it would be possible, with planning approval, to make these rooms into two or three separate apartments, or several “bed sits”, or luxurious living accommodation for a working owner
Behind the building is a reasonable car park, but there is also a large parking area behind the neighbouring buildings which is not used at night and is available to customers of the restaurant.
THIS BUSINESS IS NOW AVAILABLE AS A LEASEHOLD PURCHASE FOR THE RESTAURANT ONLY, AT £95,000 WITH A FIFTEEN YEAR LEASE AND A RENT OF £15,000PA
Years established: 12 years with present owners
Employees: owner plus 4 full time and 3 part time staff
Trading hours: 5.30pm to 1.00am Mon to Thurs 5.30pm to 3.00am Fri & Sat
Property: Freehold
Lease terms
New fifteen year lease at £15,000 pa
Living accomodation
On the first floor there are six rooms that are suitable for letting to students, or similar occupants who only require basic accommodation. They do not have any facilities but there is a large communal bathroom and a good sized kitchen which are both shared by the occupants. THIS FLOOR IS NOT INCLUDED IN A LEASEHOLD SALE,
When the rooms are all occupied, they have a potential income of around £300.00 a week, or £15,600 a year.
This floor is accessed by the door to the side of the restaurant and with the space available it would be possible, with planning approval, to make these rooms into two or three separate apartments, or several “bed sits”, or luxurious living accommodation for a working owner
Location
In a busy through road in Dudley quite clsoe to the main shopping area
Expansion potential
Room to expand the restaurant and improve the accommodation
Support & training
Any required
Reasons for selling
Other business interests
Financing available
Finance would be available subject to status
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| | Financial details Asking price: £375,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
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