Fine Property UK is pleased to present this established Punjabi restaurant, ideally located on Bath Road in Cranford, Hounslow. The business offers an excellent opportunity for an incoming operator to acquire an existing trading restaurant with significant potential for further growth.
Key Features:
Reported annual turnover: £230,000
Reported annual profit: £40,000
Approximately 1,000 sq ft premises
Seating capacity for approximately 50 customers
14 years remaining on the lease (stated to be renewable)
Annual rent: £34,800
Business rates: Currently stated as exempt
Utilities: Approximately £800 per month
Alcohol licence
Current trading hours: 5:00 pm – 11:00 pm
Business Potential: Opportunity to extend trading hours from as early as 8:00 am, introduce breakfast and lunchtime services, and expand takeaway, delivery and private dining operations, subject to necessary consents.
An excellent opportunity to acquire an established restaurant in a prominent West London location.
Goodwill: £110,000
Deposit amount : £3,346.14