Prime Restaurant with Freehold/Leasehold Options in Uttoxeter, Staffordshire

Step into a unique opportunity to revitalise a long-established Indian restaurant with a 40-year presence in a charming Staffordshire town. While cherished for its traditional Bangladeshi cuisine, the establishment is calling for a new proprietor to usher in a new era of modernisation.

The restaurant currently serves as a local hub for sit-down meals and takeaway services, with ample space for patrons, including a private room perfect for special events. Situated directly outside is convenient parking, enhancing the customer experience. Although in need of an update, the potential for this space is immense, from initiating a robust delivery service to a full interior refurbishment to attract new clientele.

Occupying a prominent position in the town, the restaurant’s structure boasts a significant footprint with potential for diversification. It could easily be transformed into sought-after residential apartments or reshaped into a completely different culinary destination.

The establishment is on the market due to the current owner’s decision to retire, presenting a remarkable chance for someone to infuse this venue with fresh energy and vision. Whether you choose to purchase freehold or take on a leasehold, the terms are crafted to accommodate your business plans, with a 10-year lease available at an attractive rate. The team currently includes one full-time owner and two full-time chefs, laying a solid foundation for the next chapter of this business.

If you require assistance with financing this venture, rest assured, we can help facilitate this process to ease the transition.

Key highlights:

• An established Staffordshire location with over four decades of heritage.
• Capacity for 92 diners, with additional private function space.
• Significant scope for service expansion and modernisation.
• Flexible purchasing options, offering freehold or leasehold.
• A canvas ripe for rebranding or property redevelopment.

For more information on this restaurant come property venture – get in touch today for further information.

Asking Price:

• Freehold: £365,000
• Leasehold: £50,000 (Annual rent of £26,000 – L&T act)

EMF Reference: R35701V

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