Ref 7408 – Leasehold Restaurant
Blacks Brokers are pleased to bring to the market this leasehold restaurant located in Huddersfield, West Yorkshire.
Gurkha Sizzlers was established in this bustling central area of Huddersfield many years ago with our client in ownership since 2018. The business offers a range of Indian and Nepalese foods which are freshly made to order. The restaurant offers dine in, takeaway and outside catering services. It is very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Trip Advisor, Facebook and Just Eat. Gurkha Sizzlers has a comprehensive website in place and a strong social media following.
Gurkha Sizzlers occupies a main road trading position within the centre of Huddersfield. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Iceland and Sainsbury’s. Huddersfield Station is nearby as well as The University of Huddersfield, Greenhead College and Greenhead Park. The area is well linked by the M62 with very strong public transport links and parking is available immediately outside.
The business is ideally suited to a hands-on owner-operator but due to our client’s relocation, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on an Internal Repair Only lease (iro lease). The current lease is a six year lease which began in 2020 at a cost of £264 per week.
The business operates with four full time and five part time members of staff in place supporting our client working on a full time basis.
Gurkha Sizzlers has traded solidly since opening and our client has established a strong repeat customer base. The accounts year ending 31st July 2019 show that the business has an annual turnover of £131,959 and a gross profit of £70,729. Full financial information is available upon request.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This busy and long established business occupies an enviable trading position in a busy central area of Huddersfield. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu options and lunchtime opening and late nights. A new owner could also look to reintroduce deliveries – this was previously offered but stopped due to a lack of staffing to facilitate. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Please quote ref: 7408
Building layout and design
Gurkha Sizzlers operates from a prominent corner property on a busy main road. The business has large branding and signage on display above the main entrance. Inside, the main restaurant is located within the ground floor. This has a welcoming reception desk and seating for up to 60 (at present it is set up for 26 due to social distancing). The first floor is set up as a buffet room, this also has seating for 60 but is currently set up for 30 with social distancing guidelines in place. All areas are well equipped and presented nicely with tiled flooring throughout, spacious storage areas, kitchen and private office.
Commercial Microwave x 2
Chest Freezer x 7
Bar x 2
And Much More
Tue - Thu: 16:30 - 21:30
Fri & Sat: 16:30 - 22:00
sun: 15:00 - 22:00