Whitley Bay Business Expands with Funding from Barclays

Posted on the 23 October 2017

Whitley Bay Business Expands with Funding from Barclays

Whitley bay headquartered business Takdir today announced expansion plans with the purchase of new premises with funding from Barclays. 

Takdir is the longest serving family restaurant in Whitley Bay and was established in 1979. The business is now run by second generation brothers Mamun and Suffian Rahman. Previously located 11 East Parade, the restaurant has now relocated to new larger seafront premises at 7-8 East Parade, Whitley Bay and the refurbishment has created a contemporary seafront eatery and cocktail bar. The brothers also own the very popular sister restaurant The Gulshan in Tynemouth and both restaurants are traditional Indian restaurants specialising in authentic tandoori cuisine.

Mamun Rahman, Managing Director, Rahman Leisure said: “We’re a family run business and we’re passionate about supporting the local community. We’ve been looking for larger premises for some time now so we are delighted to secure the previously empty building on East Parade and refurbish this totally into a contemporary eatery. Whitley Bay is going through a renaissance and we’re delighted that Barclays were able to support our move with a term loan which will support the local regeneration of Whitley Bay.”

The Takdir Restaurant currently employs 10 people locally and hope to take on further staff as the business expands.

Paul Smith, Barclays Business Banking Manager, put together the funding package for the deal and said: “It’s been fantastic to work with Mamun and Suffian and see their business grow and flourish. The new premises will provide them with more flexibility to expand for the future and they provide a first class offering in Indian cuisine to the local North East community.”