News: Rotherham restaurants up for sale
A range of restaurant businesses and buildings in Rotherham have gone up for sale.
At Stag, an established restaurant, takeaway and wine bar is up for sale. Agents say that it is a turnkey, profitable business with significant growth potential.
Although not mentioned by name, the images clearly show La Pondicherry Stag, one of Rotherham's leading Indian restaurants.
The particulars for the sale of the business, which has the leasehold listed for £95,000, states: "An exciting opportunity has arisen to acquire a well-established restaurant, takeaway and wine bar business in Rotherham, South Yorkshire, offering an excellent combination of strong trading performance, attractive premises, an established customer base and significant potential for further growth.
"The business has been successfully operated for approximately 10 years, building a loyal local following through quality food, excellent service and a welcoming dining experience. In addition to the established restaurant and takeaway operation, the premises also benefit from a fully completed upstairs wine bar with its own separate bar area and approximately 40 additional seats.
"The upstairs wine bar forms part of the overall business and is included in the sale. It provides an exciting additional hospitality space that can be developed for wine and drinks service, private parties, functions, events and other occasions.
"The current owner is now looking to sell due to personal circumstances and forthcoming medical treatment. This is therefore a genuine opportunity for a new owner to take over an established and profitable operation with multiple areas for future development."
The advert adds that: "The current owner has made the difficult decision to sell due to personal circumstances and forthcoming medical treatment, making it no longer possible to dedicate the time and commitment required to continue operating the business."
Also at Stag, the nearby property containing Lilia Bistro is listed as being under offer. The 991 sq ft property, which only last year changed from Willows, and was previously Cuccini's, was up for sale for £145,000. The business was not for sale but the particulars state that a three year lease was signed in June 2023.
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At Wales, The property containing the Asia Palace has been put up for sale via auction.
The freehold has been given a guide price of £150,000 by auctioneers BTG Eddisons.
Described as a substantial mixed use property in excess of 5,000 sq ft, the lot includes a ground floor restaurant premises including a bar and large dining areas, customer toilets plus a catering kitchen and prep areas.
The Cantonese restaurant near to Rother Valley and the Waleswood campsite is currently closed with the particulars adding: "The freehold title is currently subject to a 15 year lease dated 16th June 2022, however we have been advised it has been agreed between the seller and the tenant that this will be surrendered before completion."
Also in Rotherham, Veritas Business Sales is listing a pub restaurant in a "desirable semi-rural location between Rotherham and Worksop" as being available for sale.
The freehold has been given a guide price of £599,995. The purchase of the leasehold going concern is also an option.
The advert states: "Believed to date back in excess of 300 years, this historic property is one of the village's most recognisable and characterful buildings. Having stood at the heart of the local community for centuries, the property successfully blends period charm with modern trading facilities, creating a destination venue that enjoys an outstanding reputation for quality food, excellent service and a welcoming atmosphere.
"The property underwent a comprehensive refurbishment in 2020 at a cost of in excess of £500,000, transforming the business into the impressive venue seen today. More recently, the current owner has invested a further £120,000 over the past two months, installing brand-new commercial catering equipment, carrying out extensive internal redecoration and completely refurbishing the spacious two-bedroom owner's accommodation, including the installation of a brand-new fitted kitchen. As a result, the property is presented to an exceptional standard throughout, allowing a purchaser to continue trading immediately without the need for further capital expenditure."
Although listed as a confidential sale, property websites have the location as Brampton-en-le-Morthern, whose only pub is the Rising Deer.
The listing states that 70% of turnover is generated from food sales with the restaurant accommodating around 60 diners, whilst the business consistently serves in excess of 100 covers every Sunday.
BTG Eddisons website
Veritas website
Images: La Pondicherry / instagram / BTG
At Stag, an established restaurant, takeaway and wine bar is up for sale. Agents say that it is a turnkey, profitable business with significant growth potential.
Although not mentioned by name, the images clearly show La Pondicherry Stag, one of Rotherham's leading Indian restaurants.
The particulars for the sale of the business, which has the leasehold listed for £95,000, states: "An exciting opportunity has arisen to acquire a well-established restaurant, takeaway and wine bar business in Rotherham, South Yorkshire, offering an excellent combination of strong trading performance, attractive premises, an established customer base and significant potential for further growth.
"The business has been successfully operated for approximately 10 years, building a loyal local following through quality food, excellent service and a welcoming dining experience. In addition to the established restaurant and takeaway operation, the premises also benefit from a fully completed upstairs wine bar with its own separate bar area and approximately 40 additional seats.
"The upstairs wine bar forms part of the overall business and is included in the sale. It provides an exciting additional hospitality space that can be developed for wine and drinks service, private parties, functions, events and other occasions.
"The current owner is now looking to sell due to personal circumstances and forthcoming medical treatment. This is therefore a genuine opportunity for a new owner to take over an established and profitable operation with multiple areas for future development."
The advert adds that: "The current owner has made the difficult decision to sell due to personal circumstances and forthcoming medical treatment, making it no longer possible to dedicate the time and commitment required to continue operating the business."
Also at Stag, the nearby property containing Lilia Bistro is listed as being under offer. The 991 sq ft property, which only last year changed from Willows, and was previously Cuccini's, was up for sale for £145,000. The business was not for sale but the particulars state that a three year lease was signed in June 2023.
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At Wales, The property containing the Asia Palace has been put up for sale via auction.
The freehold has been given a guide price of £150,000 by auctioneers BTG Eddisons.
Described as a substantial mixed use property in excess of 5,000 sq ft, the lot includes a ground floor restaurant premises including a bar and large dining areas, customer toilets plus a catering kitchen and prep areas.
The Cantonese restaurant near to Rother Valley and the Waleswood campsite is currently closed with the particulars adding: "The freehold title is currently subject to a 15 year lease dated 16th June 2022, however we have been advised it has been agreed between the seller and the tenant that this will be surrendered before completion."
The freehold has been given a guide price of £599,995. The purchase of the leasehold going concern is also an option.
The advert states: "Believed to date back in excess of 300 years, this historic property is one of the village's most recognisable and characterful buildings. Having stood at the heart of the local community for centuries, the property successfully blends period charm with modern trading facilities, creating a destination venue that enjoys an outstanding reputation for quality food, excellent service and a welcoming atmosphere.
"The property underwent a comprehensive refurbishment in 2020 at a cost of in excess of £500,000, transforming the business into the impressive venue seen today. More recently, the current owner has invested a further £120,000 over the past two months, installing brand-new commercial catering equipment, carrying out extensive internal redecoration and completely refurbishing the spacious two-bedroom owner's accommodation, including the installation of a brand-new fitted kitchen. As a result, the property is presented to an exceptional standard throughout, allowing a purchaser to continue trading immediately without the need for further capital expenditure."
Although listed as a confidential sale, property websites have the location as Brampton-en-le-Morthern, whose only pub is the Rising Deer.
The listing states that 70% of turnover is generated from food sales with the restaurant accommodating around 60 diners, whilst the business consistently serves in excess of 100 covers every Sunday.
BTG Eddisons website
Veritas website
Images: La Pondicherry / instagram / BTG
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