ADDRESSRamna Balti, 30 Wyle Cop, Shrewsbury, Shropshire, SY1 1XF
TYPELeisure Property, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON19th August 2020
LOCATION The property is situated fronting onto Wyle Cop which serves as one of the main arterial roads into Shrewsbury Town Centre but has established itself as a main retail street for Independent retailers in the Town of Shrewsbury.
Shrewsbury is the County Town of Shropshire and is an established tourist and administrative centre. The property is situated within close proximity of a number of the town's main car parks.
DESCRIPTION The property comprises a ground floor restaurant extending to 39 m sq (420 sq ft) and offering 40 seated covers and a bar/servery area.
The kitchen extends to 23 m sq (248 sq ft) and comprises all equipment/fixtures and fittings associated with an Indian restaurant and takeaway.
There is a seated area for takeaway customers extending to 7 m sq (75 sq ft) and comprising built in seating/soft furnishings. Externally, there is dedicated parking and bin stores.
The business has traded and built an enviable reputation with a 30 year tenure, and is only offered for sale due to retirement.
BUSINESS The business traded YTD 2018/19 with a turnover of £210,000 per annum, showing a net margin of circa 33%. All fixtures and fittings are to be included within the sale and a full inventory list will be provided to any interested parties.