No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

Restaurant

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Restaurant
0 bed
0 bath

Property description & features

  • Leasehold
  • Nepalese & Indian Restaurant
  • Town Centre Location
  • 60 Seater Restaurant
  • Licensed

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

Places of interest

    Request viewing/info
    Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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    Property reference 2875. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Veritas Business Sales - Solihull.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on May 18, 2023

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.