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Indian Restaurant With A Popular Takeaway Service For Sale

Kidderminster, Worcestershire
Asking Price:
£75,000
Sales Revenue:
£300,000
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market Paradise Balti House Restaurant Limited trading as Paradise Balti House.

Paradise Balti House was founded by the current owner in 1995 and has been a real labour of love and the business has flourished under his ownership. The business is now being sold, albeit reluctantly and with a heavy heart only so that the owner can concentrate on his other business interests.

Paradise Balti House is the largest Indian Restaurant in Kidderminster with 104 seats and a popular takeaway service. The business serves authentic traditional dishes with a balance of western taste and textures to accommodate a variety of palates.

Paradise Balti House has an extensive menu offering;
• Appetisers, meat and poultry, seafood and vegetarian
• Balti dishes
• Karahi dishes
• Paradise specials
• Biryani dishes
• Charcoal grill dishes
• Chefs specials
• Masala dishes
• English dishes

Paradise Balti House offers a free bottle of wine on orders over £25 and offers a free delivery service within a 3-mile radius plus a 10% discount on collected orders.

The business has lots of regular customers many of whom are known on a first name basis by the owner who is a popular and well-respected member of the local community. The sale will include a quality website (-------------.--.--) which features on online booking facility and the business enjoys brilliant visibility on the internet with great reviews.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Paradise Balti House Restaurant is Located in Kidderminster in the county of Worcestershire.

Kidderminster is a large twin and civil parish in the Wyre Forest district of Worcestershire. It is located approximately 17 miles south west of Birmingham City Centre and approximately 15 miles north of Worcester.

There are two railway stations in the town within 15 minutes’ walk of the business. Several major routes run through the town including the A456 which runs from Birmingham to Woofferton, the A451 which runs from Stourbridge to Abberley, the A442 which runs from Droitwich to Telford and the A449which runs from Newport in South Wales to Stafford. There are direct bus routes with towns including Worcester, Halesowen, Bewdley, Stourport, Bromsgrove and Redditch.

Paradise Balti House is ideally situated in a prominent position close to the entrance of the busy and well used shopping centre, Weavers Wharf and as such benefits from very high footfall and passing trade. Weavers Wharf is a hybrid shopping centre with a pedestrian link to the High Street and the adjacent Tesco Superstore. Occupiers include M&S (which is directly across from the business), Next, TK Maxx, Boots, Newlook, Matalan and Debenhams.

The business is nicely presented and maintained with clear visible signage. There is free on street parking immediately outside the premises and the Weavers Wharf carpark is a two-minute walk away, this car park is free after 6pm. Additionally Tesco’s car park is a short walk away with free parking for two hours.

Premises
The business occupies the ground floor of an inner terraced property and briefly comprises;

Restaurant
Deceptively spacious restaurant with windows and glazed doors to either end creating a light, airy and inviting interior. Fitted out to the highest standard with much money having been spent by the current owner to ensure the business has a real upmarket feel. Wood effect quality flooring enhanced by tiled areas, LED spot and mood lighting, air conditioning, quality tables and chairs currently providing 104 covers, customer waiting area with tiled floor, comfy built in seating with glass coffee table, open dessert chiller.

Bar
Lovely bespoke bar area with brushed aluminium front and marble effect worktop, beer pump and card machine, double glass fronted drinks chiller, single glass fronted drinks chiller, feature mirrored splashbacks and glass floating shelf, corner glass storage unit, stainless-steel sink and drainer with Monobloc tap, wall mounted TV, Ice machine.

Kitchen
Comprehensively equipped catering kitchen presented to the highest standard and fastidiously maintained. Vinyl non slip flooring, fluorescent lighting, Garland ten burner range with ovens beneath, Imperial six burner range with oven beneath, two Tandoor ovens, twin basket commercial fryer, full extraction system with stainless steel canopy, central 3 compartment fridge with stainless-steel worktop, further stainless-steel preparation tables, double stainless-steel sink and drainer with spray tap, wall mounted utensil baskets, Russell Hobbs Microwave, white microwave, double stainless-steel cabinet, freestanding chrome effect shelving unit, perimeter shelving, 3 compartment fridge with 7 pot salad bar, stainless-steel hand wash basin with soap and paper towel dispenser.

Freezer/ Dry Goods Room
With a large and small chest freezer, upright stainless-steel fridge, perimeter shelving and floor storage space.

Tenure
We are advised that Paradise Balti House is being sold as a leasehold business opportunity.

The vendor owns the freehold of the premises and is happy to negotiate a mutually acceptable lease with a new owner. A rent of £23,000 per annum is proposed.

We are advised that business rates payable are approximately £1200 per annum (this figure to be confirmed).

Hours
Monday to Thursday 5-11
Friday to Saturday 5-12
Sunday 4-10.30

Staff
The business is run and managed by our client with the help of 6 full time and 2 part time members of staff.

Financial Profile
Paradise Balti House Restaurant generates an advised current turnover of circa £300,000 per annum.

Property Information

Property:

Leasehold

Contact Information

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