Indian Restaurant for Sale

49 Wigmores North, AL8

£35,000 pa

Property Information

  • Available from 01 Sep 2023
  • Reference number veco_1428443992
  • Property Type Retail Property (high street)
  • Floor / Land Area 2119 sqft

Key Feature

  • Retail Property (high street)

Extra Features

  • Welwyn Garden City Town Centre
  • Seating for Approx. 70 Customers
  • Well Presented Restaurant
  • Close Proximity to Train Station
  • Walking Distance to Public Car Park

Property description

An opportunity to purchase a highly reputable Indian Restaurant with a turnover of circa £7,000 per week. The property seats up to 70 people over two floors, has an alcohol license and also benefits from delivery service via UberEATS, Just Eat and Deliveroo. The Restaurant is popular in the area and boasts 4.5*s from 250 google reviews.


Situated in the town centre of Welwyn Garden City and presented in excellent condition with the ground floor comprises a bar area, open plan to the restaurant for 40 seats and men's and women's W.C's. The First floor benefits from a further function room with a bar and seating for up to 30 people, store cupboard, Kitchen with appliances. The second floor comprises living quarters used by staff which includes a room with en-suite shower room.


The current lease currently has approx. 9 years remaining, which is renewable. the current rental cost of the property is £35,000 per annum and a £75,000 fee for the premium which includes goodwill, fixtures and fitting and stock in trade. The current opening hours are Sunday 5pm - 10pm, Monday, Wednesday, Thursday Friday and Saturday 5:30pm - 11pm, Tuesdays closed.  There is scope to open longer hours and also take advantage of lunch time trade.

Tenure  : Leasehold

Location

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