£205,000

Restaurant for sale

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Just added
Business
Leasehold

£205,000

Restaurant for sale

Norwich, Norfolk NR1

Local area information

Property location

Nearby amenities

  • Charles Darwin Primary School 0 miles
  • Norwich 0.1 miles
  • Norwich School 0.2 miles
  • Brundall Gardens 4.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Norwich to find out more about the local area.

Features and description

  • Leasehold
Confidential sale: Mediterranean restaurant & takeaway - norwich, norfolk

emf is pleased to present a confidential opportunity to acquire a successful Mediterranean takeaway and restaurant situated in Norwich's sought-after Golden Triangle. Renowned for quality cuisine, attentive service, and modern design, the establishment maintains an excellent local reputation and a welcoming environment.

Benefitting from strong financial performance, this business represents an attractive investment. Ideal for motivated entrepreneurs, experienced restaurateurs, or hospitality investors, it offers considerable potential for further growth. Opportunities include menu expansion, increased delivery and takeaway operations, and enhanced online marketing to reach new customers.

This represents an excellent chance to own a profitable, well-established eatery in a prime Norwich location.



business:

Established in March 2024, the business has quickly developed a loyal customer base and generated an impressive annual turnover of approximately £385,000. Currently operating from Wednesday to Sunday, new owners could readily increase revenue by extending opening hours or incorporating additional online ordering platforms, beyond just Deliveroo which they currently use.

The business maintains high customer retention, underscored by a 4.9 Google rating and a 5-star hygiene rating. Consistent quality and service continue to drive repeat business, ensuring sustainable demand and promising growth prospects.



premises:

The premises feature contemporary, stylish design elements including a full-width glazed frontage, which enhances natural light and provides excellent visibility. A marble-effect service counter adds sophistication to the dining space. Inside, seating comfortably accommodates 17 guests, with an additional outdoor seating area beneath an attractive pergola, suitable for a further 18 diners.

The fully equipped commercial kitchen includes a Buffalo grill, multiple fryers, salad stations, refrigeration units, and substantial stainless-steel workspaces. Further facilities comprise a dedicated preparation room, spacious walk-in freezer, ample storage areas, and convenient rear and side access points, facilitating efficient daily operations.



key information:

agents note: This is a business for sale as a going concern, not an empty premises for sale or let.

Confidential sale: This business is a confidential listing at our clients request and therefore a short online non-disclosure form will need to be completed before we can release the name of the company, its location and any financial information.

Reference number: R36095E.

Opening hours: Wednesday to Saturday, 12:00pm to 10:00pm. Sunday, 12:00pm to 9:00pm. Closed, Monday and Tuesday.

Tenure: Leasehold.

The existing lease will transfer to purchaser as part of the sale. 10-year lease from 2024.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the existing lease.

Rent payable: £1,460 per month (£17,520 per annum).

Rates payable: £180 per month (£2,160 per annum).

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

Staff: 1 full-time, 1 part-time. Correct at the time of listing.

EPC: The Energy Performance Certificate shows a rating of ‘B/33’, full document available on request.

Price: £205,000 plus stock at valuation (stock est. £3,000).

Comprising the leasehold interest, business goodwill, fixtures, fittings, and equipment. Stock to be purchased separately at valuation upon completion. Business offered for sale as a going concern and not as a vacant premises.

Viewing: Call our East Anglia office on to make an appointment.

Finance: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.

Business to sell: Thinking of selling your business? That’s our specialty. If you’re curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.

Premier marketing: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.



disclaimer:

1. Money laundering regulations: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.

2. Particulars: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.

3. Measurements: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.

4. Services: Please note we have not tested the services or any of the equipment or appliances.

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