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Commercial property for sale

£49,950

Preston PR1, UK

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Property features

  • Prime City Centre Location
  • W/T £3000, Great Gross Profit Margins
  • Low Rent For Central Location
  • Presently Trading Evening Only, Scope To Increase
  • 60 Covers, Potential For 70
  • EPC Rating - D

Property description

This is an outstanding opportunity to acquire this fully-licensed, leasehold, Indian restaurant located in the heart of Preston’s city centre.

Shahzaad has been trading for many years and the current owner has operated the business since 1999. Over that period of time, the restaurant has earned an enviable reputation and has built a loyal customer base. This family-run business is only being offered for sale due to the current owners’ retirement plans and therefore this has created an impressive and lucrative opportunity for a new owner to build on the solid trading foundations and push the business forward to the next level.

Externally, the building has an impressive entrance and the signage is striking, thus creating a flawless, first impression. The quality and attention to detail afforded to the exterior of the building has been carried forward to the internal aspects.

The restaurant can seat up to 70 people with the dining area boasting an elevated section that can seat 22. The large kitchen area is situated on the first floor. This spacious professional kitchen is well equipped with high-end, professional catering equipment. The space provided for food preparation is excellent.

There is obvious scope to further the business income through lunch time openings, with the business fully licenced, having no restrictions on opening times, a feature the current owner has not taken advantage of due to the will to retire.

Shazaad is a first class, highly profitable business with scope to develop the business further. Early viewings are recommended as an early completion is anticipated.

Business: £49,950.

Please quote ref: 2907

Property info

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Overall rating:

  • currently 3.5 stars
Good - 72% (78 ratings)

Ratings breakdown:

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Nearby transport

  • Preston (Lancs) (0.3 miles)
  • Lostock Hall (2.6 miles)
  • Bamber Bridge (2.9 miles)
  • Blackpool International Airport (13.3 miles)
  • Liverpool John Lennon Airport (30.1 miles)
  • Manchester International Airport (33.2 miles)
  • Knott End-On-Sea Ferry Landing (16.6 miles)
  • Fleetwood for Knott End Ferry Landing (16.9 miles)
  • Heysham Ferry Terminal (20.7 miles)

Nearby schools

View all schools in Preston
  • Imam Muhammad Zakariya School (0.4 miles)
  • St Ignatius' Catholic Primary School (0.4 miles)
  • English Martyrs Catholic Primary School, Preston (0.5 miles)
  • Cardinal Newman College (0.7 miles)
  • Preston College (1.6 miles)
  • Alston Hall College (5.2 miles)
  • Mountwood Academy (0.3 miles)
  • Abrar Academy (0.7 miles)
  • Eden Boys' School, Preston (0.8 miles)
Note: Distances are straight line measurements

Local info for Preston

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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