Restaurant For Sale
LOCATION:
We are pleased to offer this fantastic pub with an Indian kitchen and a 4-bedroom flat above, located in Dudley, West Midlands. The property benefits from a strong corner location with local footfall, surrounded by residential developments and local amenities. It offers great accessibility and visibility, making it an ideal opportunity for those looking to acquire a well-established business.
The pub enjoys a prominent trading position, close to local businesses and residential housing, with easy access for both local patrons and visitors. This makes it a desirable investment with long-term growth potential.
Reason to sell: Genuine retirement sale.
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OVERVIEW:
This is a unique opportunity to acquire a pub featuring an Indian kitchen, along with a spacious 4-bedroom flat included in the lease. The current vendor has operated the business for the past one year.
The upper floor consists of a 4-bedroom flat currently tenanted, generating a monthly rental income of £1,200. A new owner can choose to continue receiving this rental income or alternatively use the accommodation for personal use or staff housing. Additionally, the property benefits from a large parking area at the rear, offering added convenience and potential for further use.
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POTENTIAL:
The business is currently operational 7 days a week, but with limited opening hours, leaving significant room for growth and increased profitability. New owner can presents an excellent opportunity to expand the current offering by introducing a breakfast menu, as well as extending trading hours into the late evening to attract more customers and generate additional income.
The new owner can also expand the menu by adding more items to attract a wider range of customers. There's a good opportunity to promote the business through online platforms and social media, which could help bring in more customers and increase its presence in the community.
Furthermore, the pub offers strong potential for growth through the hosting of regular events such as live sports screenings, themed nights, live music, and private parties. These initiatives would complement the venue's existing charm - a unique combination of a traditional pub setting with authentic Indian cuisine - and could help to establish it as a vibrant local destination with a loyal customer base.
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* Turnover: Approx. £2,500 per week / £130,000 per annum
* Rent: £26,000 per annum (£2,167 per month) - includes 3-bedroom flat
* Business Rates: No business rates
* TENURE:
Leasehold - approx. 14 years remaining (renewable)
* TRADING HOURS: 12 PM - 10 PM (7 Days)
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PRICE:
The business is being marketed at a leasehold premium of £45,000, plus stock at value. This includes goodwill, fixtures, and fittings.
Call BTC for further details and an appointment for viewing: 020 8889 7474 or email us on commercial@btcint.com
Tenure: Please confirm with BTC Group Limited Commercial whether this property is freehold or leasehold
No EPC available for this property
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Broadband & mobile data availability at 60 Northfield Road, Dudley, West Midlands, DY2
Address shown above is the closest found to the postcode, that has Ofcom data available
Mobile Coverage
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Utilities
| Electricity | Ask Agent |
| Water | Ask Agent |
| Heating | Ask Agent |
| Broadband | Ask Agent |
| Sewerage | Ask Agent |
Rights and Restrictions
| Private rights of way | Ask Agent |
| Public rights of way | Ask Agent |
| Restrictions | Ask Agent |
| Parking | Ask Agent |
Risks
| Flooded in last 5 years | Ask Agent |
| Flood Defenses | Ask Agent |
| Source of Flood | Ask Agent |
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