Restaurant/cafe for sale in Derby, England, United Kingdom DE21

Business
Please quote reference B07325

CoGoGo are delighted to welcome to the market Gurkha Junction Restaurant Derby, a highly rated Nepalese restaurant in Derby.

The business was originally established in 2016, with our client taking over in September 2020. It's built up an excellent reputation and repeat customer base during our clients short time of ownership.

Gurkha Junction Restaurant Derby has now come to the open market due to our clients desire to retire.

Gurkha Junction Restaurant Derby is a traditional restaurant that specialises in Nepalese and Indian Cuisine.

Key selling points -

• Well established


• Excellent reputation


• Potential living accommodation


• 4.6/5 Google review score


• Fantastic online reviews

Scope to improve -

• Expand catchment area for deliveries


• Increase marketing/advertising


• Introduce leaflet drops.

Location
Gurkha Junction Restaurant Derby is located on Nottingham Rd in Spondon, Derby.

The business has eye catching signage and receives high levels of footfall and passing trade.

Premises
Ground floor -

• Restaurant area - Modern and bespoke décor with dressed tables and bespoke lighting creating a warm and inviting ambience.


• Bar area - Fitted bar with under counter storage, Drinks display stands and shelving.


• Commercial Kitchen area - Fitted out to suit the trade with easy clean wall coverings and flooring. Ample storage space and fitted cupboards.


• WC


• Storage room

First floor -

• Self contained flat - Currently rented out to a tenant generation additional income, could be used as livening accommodation for the buyer

Tenure
We are advised that the business is being sold on a leasehold basis, with a new 10 year lease to be offered to the new buyer. The rent is £21,000 per annum (including rent for the flat). The flat rental income generated is £900 per month.

Hours
The current trading hours are -

Monday - Closed
Tuesday – 4:15pm - 9pm
Wednesday – 4:15pm - 9pm
Thursday – 4:15pm - 9pm
Friday - 4:30pm - 10pm
Saturday – 4:15pm - 10pm
Sunday - 4:30pm – 9:30pm

Staff
We are advised that the business has 2 chefs, 1 front of house staff member and adhoc waitresses.

Financial Profile
We are advised as per the 2021 accounts, the business generated a turnover in the region of £120,000. Further financials can be made available upon request.