An award-winning Indian restaurant in South Lanarkshire is up for sale after 16 years in business.
Punjabi Tadka in East Kilbride’s Boardwalk next to Di Maggio’s, Black Rooster, Nuffield Health & JD Gym, is being marketed as a leasehold business with an asking price of £75,000.
Located in a prominent trading position within a popular leisure hub, and close to East Kilbride shopping centre & South Lanarkshire College, the listing states that the premises ‘would suit a variety of restaurant and bar concepts’.
It has around 100 covers over ground and mezzanine floors, plus bar seating and a large free customer car park.
The listing states: ‘Punjabi Tadka is an institution in the town. The business enjoys an excellent reputation for its quality Indian cuisine and excellent service, and this is reflected in their strong online reviews and their various awards.
“The business has a loyal and regular clientele for both sit in and delivery/takeaway, and this is derived from the high volume of residents from throughout East Kilbride, as well as from surrounding towns and further afield.”
Punjabi Tadka was established back in 2010 after taking over the Atrium Court Indian restaurant which had traded for many years.
Smith & Clough Business Associates say that whilst the business is long established as an Indian restaurant, the premises would easily lend themselves to suit a wide variety of different restaurant and bar concepts, and benefit from a public house style premises licence which permits opening until 1am.
According to figures supplied in the listing, the business has a turnover of £494,000 with weekly average sales of around £9,000 to £10,000.