Restaurant with Functions level ready-to-open suitable Thai/Chinese/Turkish/etc
Darlington, Durham, United Kingdom
Asking Price: £1
Net Profit: Undisclosed
Sales Revenue: Undisclosed
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: No Property Included
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  Business Summary   
  Your new restaurant
can open for business tomorrow
- No setup costs or expensive delays
- just walk in and start trading

This is a highly unusual opportunity.

A substantial two-storey building housing a restaurant on both floors, a professional kitchen, a bar and a manager's office, Kendrew House is ideally located to produce a substantial business opportunity.

Everything in this restaurant is ready to run - the electricity and gas are connected, the phone and Internet are on, even the fire extinguishers have been refilled, tested and tagged.

The tables are chairs are ready for diners, cutlery is waiting, and behind the bar are all the glasses you'll need along with the coffee machines, hot water urn, cold glasses cabinet, ice-maker and even electronic cash register.

In the fully stainless steel lined kitchen you'll find all the plates you need stacked and ready, plus a fully fitted professional setup with two-burner and four-burner hobs, deep fryer, griddle, wok and full width extraction hood, plate-warming cabinet, freezers and refrigerators and a sizeable walk-in coldroom. The prep area is similarly spacious, and there's a food lift to the first floor.

Whilst the ground floor dining area is ideal for walk-in trade, the first floor is perfect for events or simply those busy nights. Character beams and wooden floors are featured on both levels, and there's gas central heating to radiators in all areas.

This restaurant's major advantages are:
- Main road position
- Town centre proximity location
- Extensive adjacent parking, free after 6pm
- High visibility signage opportunity
- Fully-fitted & ready-to-open condition

Whilst the successful tenant does not need to be a restauranteur, he does need to be a business person with a full understanding and history of establishing and running a business.

If you have just recognised the outstanding potential of getting a ready-to-trade restaurant without paying a premium, please have a look at the full website with more information, photos and contact details.
  Property Information   
  Property: No Property Included
  Lease Terms: 3yrs with 3mth rolling break clause in the tenant's favour, no personal guarantees required, 3mths deposit and rent payable monthly in advance.
  Current Rent: £200+ per week
  Living Accommodation: No
  Details of Accommodation: There is a day bed in the manager's office, and simple accommodation could be set up.
  Location: Town centre corner building and just off Northgate roundabout and just 90 seconds walk from the end of Darlington pedestrian area, adjacent to Kendrew Street carpark which is free after 6pm, and facing the main road of slow-moving traffic but at an angle providing great potential for signage advertising. The ideal location for a new restaurant - just use signage to get it on the local social map. Previous restaurants have reportedly enjoyed very busy openings, but this is a 'destination' restaurant and requires an owner who understands the power of bringing back clients via ongoing contact and marketing.
  Whilst the local market is increasingly discerning and willing to spend, existing offerings are mainly at the lower end of both price and quality.

This means there is a vibrant market for Chinese food supported by many takeaways, but the couple of Chinese restaurants are buffet style and do not enjoy fabulous reputations - Darlington is a small place and word gets around fast.

Thai food is not well represented locally, and this could be an instant hit due to lack of local competition and the local desire to try something new.

Indian is very well served locally, but missing are quality restaurants of many other styles such as Vietnamese, Burmese, Cambodian, Turkisgh etc.
  Growth Potential   
  For a restaurant where the new owner can just walk in and start trading, the potential is huge.

Its great advantage is that neither time nor money needs to be spent other than on simple preparation to trade, and energy can be focused on determining the style and marketing of the business.

Therefore, along with a minimal need for capital, and extremely low monthly rent, the potential from even moderate trading is significant.
  Reason for Selling   
  The building owner is an experienced business person who lives abroad and does not have the time to manage an ongoing restaurant business, and is therefore offering this unusual opportunity to walk in and trade without premium.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  This is a 'destination' restaurant, and with the adjacent parking being free after 6pm suggests an evening time trade. Its proximity to the main road also suggests good catchment for diners heading into the town centre just a few streets away, and a banner offering specials early in the evening may be all it takes to capture diners early and keep them.
  Energy Performance Certificate   

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