* Leasehold
* Indian & Bangladeshi Tandoori Restaurant
* Licensed (90) Cover Restaurant
* Established Over 30 years
Leasehold Indian & Bangladeshi Tandoori Restaurant Located In Coventry
Licensed 90 Cover Restaurant
Ref 2877
Location
This respected Indian Restaurant is located in Coventry. Situated within a
prominent and highly visible trading position on the very busy (A4600)
Walsgrave Road. The immediate area has a number of retail shops along with
some large blue chip retailers, all of which bring high levels of footfall to
the area. Coventry city centre is just (1. 4 miles).
Freehold Asking Price: £64, 950 plus sav (£1, 500)
Business Description
Veritas Business Sales are delighted to offer for sale this established Indian
Restaurant which is located in Coventry. The business has been in the careful
hands of our client for over 30 years and they are now offering the business
for sale so that they can enjoy a well deserved retirement.
Since ownership they have kept the premises in good order and continually
invested in new equipment along with fixtures and fittings which are all
bought and paid for and included within the sale price which is a huge plus
for any new purchaser as additional funds will not need to be spent for some
time. Dhaka Dynasty is owner operated with the help of 5 full time and 1 part
time members of staff and has an average weekly turnover of circa £7, 000.
Approximately £5, 800 is restaurant trade and the remaining £1, 200 derives from
deliveries from the online portal Just Eat. They serve authentic Indian &
Bangladeshi dishes many of which are signature which can be enjoyed in the 90
seater licensed restaurant.
The business enjoys a strong reputation within the local community and beyond
and as such has a high level of regular and repeat trade local trade. This is
a great opportunity to purchase an established restaurant and as such early
viewing is highly recommended.
Opening Hours
Monday - Sunday - 5: 30pm - 11: 00pm
Leasehold
Term: 12 years
Remaining: 11 1⁄2 years
Rent: £24, 000 pa
Business Rates: Zero
Ground Floor
Entrance door with stairs leading to the first floor.
First Floor
Bar & lounge with 2 x sofas, 3 chairs, bar servery with drinks fridge, small
beer fridge, stainless steel sink drainer, wash basin and storage shelves for
glass storage.
Restaurant with tables & chairs to cover (90), condiments area and fish tank.
Gents W/C with wash basin, 2 x urinals and wall mounted hand dryer.
Ladies W/C with wall mounted mirror, 2 x wash basins and wall mounted hand
dryer.
Storeroom with shelving, chest freezer, filing cabinet, table & chair.
Hallway with cellar door and exit door.
Kitchen with combination boiler (Baxi), stainless steel double sink drainer,
wall mounted utensils rack, stainless steel table with can opener, hot
cupboard with stainless steel top, chest freezer, 6 x wall mounted shelves,
wash basin, 14 burner Indian cooker, 3 x two door ovens, extraction canopy,
tandoori clay oven, 2 x microwaves (Kenwood), 2 x upright fridges (Polar),
stainless steel table, fire exit and rear exit door.
The property benefits from UPVC double glazing and gas fired central heating
External
Storeroom with 2 x chest freezers, 3 door fridge with stainless steel worktop,
yard with bin area and rear parking for (2).

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