Business description

A restaurant has been in this location for around 10 years and it has been operating under this name for over 5 years. It is well know locally for it's very good quality & taste food, plus really friendly staff.

The restaurant provides 24 covers as well as a healthy take-away and home delivery service.

At the moment the restaurant provides Kebab, Curry/Biryani, Fried Chicken and Burgers, but there is scope (and plans) for adding Pizza, which will easily double the delivery business and is very popular in Milton Keynes. Maybe even fish and chips as the location is ideal (opposite Tescos).

It is in an excellent location, on a busy main road with a Tesco supermarket exactly opposite. There are plans to convert the Tesco into a Tesco Extra (the huge one) and bring the exit near opposite the restaurant.

The business has continued to thrive in the current economic climate, is still profitable and has actually increased sales over the past year.

The equipment includes Tables & Chairs, Sign Boarding, Counter, 6 pot Baine Marie, Hot Display Cabinet, Twin Kebab machine, Hot Plate, twin frier, chip scuttle, Henny Penny, Commercial Microwave, Clay Tandoor Oven, twin cooker, double sink, stainless steel walls, two stainless steel extractor canopy units, 4 fridges and 4 freezer, plus huge walk in coldroom.

Property information

Property:

Leasehold

Lease terms:

13 years remaining, can be increased if required.

Leasehold rent:

£16,800 per annum

Living accommodation:

Two story flat used by staff and with good rental income (£450/month).

Location:

Located on the main road opposite Tescos.

Premises details:

Single story restaurant with two story connected flat. Earns a good rental income from the flat.

Other information

Expansion potential:

Already planning to knock a wall down and start Pizza, but if buyer comes along, then they can do what they like. Adding Fish and Chips is an option to an enterprising and experienced person as the Tesco's opposite (especially after expansion) would be a massive source of customers.

Planning consent:

Full A3/A5 - late Opening Hours 1:00am

Competition / Market:

This area is well know in Milton Keynes for good asian food and many people visit the area for food and asian groceries. There are 2 fish and chip shops, 3 Bangladeshi Indian restaurants and a Dixy chicken in the area.

Support & training:

Will provide two weeks handover and training if required. Same staff have been working in restaurant for 5 years, so they will train you better than owner.

Reasons for selling:

Other business commitments.

Trading hours:

Fri-Sat 12:00 (noon) - 01:00
Sun 13:00-00:00
Mon-Thu 12:00 (noon ) - 12:00 (midnight)

Furniture / Fixtures value:

£25,000 (included in the asking price)

Website:

www.kebabhut.co.uk