Indus Restaurant and Bar

* Well established ethnic restaurant and bar\n* Prominent Thorndon premises\n* Excellent kitchen(s) and chattels \n* Access to sheltered courtyard\n* Turnover $8,000 - $8,500 (net) per wk\n* Selling as FHGC (stratum in freehold)\n\nThis popular Indian restaurant in a character building on a prominent site in Thorndon has come on the market for the first time since it opened in 2001. Indus Restaurant, on the corner of Tinakori Rd and Harriett St, is named after the river that flows from Tibet through Kashmir and Pakistan to the Arabian Sea.\n\nIt occupies the 160-square metre ground floor of the iconic Shamrock complex, a former two-storey hotel that was relocated to 230 Tinakori Rd and refurbished in 1982. It is within easy walking distance of Parliament, Government ministries and embassies, hotels and motels, and the Botanic Garden and Westpac Stadium. It's a premium location for a restaurant that's fully licensed with BYO options and a lovely courtyard.\n\nThe owner and staff have built a strong reputation and loyal following mainly from 'word of mouth' and return business due to their 'no problem' attitude, great food and their desire to see everybody leave happy with their dining experience. But after 13 years the owner has decided to move overseas, creating an exciting opportunity for a new operator to take this business to the next level.\n\nIndus specialises in the Punjab style of cuisine that originates from North India. But while the restaurant would suit an operator who wants to continue the Indian dining theme, it could be easily changed to accommodate any specialty cuisine or bar.\n\nThe premises are divided into the front restaurant and bar, two rear kitchen and food preparation areas, internally and externally accessed toilets, and office. The restaurant seats up to 65 people inside and 30 outside. The owner has a special relationship/agreement with the Body Corporate and other tenants that permits him to utilise the outdoors courtyard and car parks.\n\nThe restaurant, which opens for lunch from 11am-2pm Monday-Friday and for dinner from 5pm-10pm Monday-Sunday, turns over $8,000 - $8,500 (net) a week.\n\nOffers are invited to purchase the business and premises (stratum in freehold) by 4pm, Thursday 3 October 2013.\nA comprehensive information memorandum will be provided to qualified buyers who sign a confidentiality agreement.