The Jewel Restaurant at 152, London Road is for sale for £90,000. Intelligent Business Transfer Ltd are agents for the business.
Details on rightmove read,
‘This is a brilliant opportunity to acquire a thriving restaurant business which is well-known and respected in the local area for its delicious food and excellent customer service. The business’ convenient location and quality produce have made this a popular eatery amongst the local inhabitants and the business has generated a strong turnover through maintaining low overheads. This is a hugely profitable platform for a new owner and is available to purchase on a leasehold arrangement.’
This owner operated business features an outside terrace with a large amount of seating space where customers can dine during the summer months.
Recently renovated to an extremely high standard, the business interior now boasts a modern, chic appearance complete with a stylish bar and water feature. Comprised of a spacious seating and serving area on the ground floor the restaurant accommodates up to 30 customers.
The upper level floor consists of a large function room which, with little refurbishment, could be used to host parties and events. This floor also consists of a two-bedroom apartment, complete with a fully functioning bathroom and a kitchen/lounge area which provides adequate living accommodation.
Furthermore, the business owns a large car park facility at the rear of the premises which provides an additional revenue stream as it is utilised by patrons attending local sporting events.
Intelligent Business Transfer are delighted to bring to the market a well-established, fashionable Indian bar and restaurant which has cemented a reputation as a provider of high quality food and drink.
Established in the 1980s, the current owner gained control of the business four years ago and has experienced great financial growth, with a turnover in excess of £150,000 last year, despite the limited trading hours of the business.
A new owner could potentially increase both opening hours and the menu options to further grow the customer base. Adding new food and drink options would appeal to more customers and the possibility of a delivery service could bring in further revenue.
The sale includes an apartment.