Fast Food Takeaway Including Pizza & Indian Food | | Undisclosed West Midlands | | Situated in a parade, large residential estate, WEST MIDLANDS | | ADVERT NUMBER : 47187
ADVERT IMPRESSIONS : 18,325 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £59500 | | | | | BUSINESS DETAILS: | Features : No Parking Restrictions
The business is situated in an expanding area with we understand approximately 1,500 houses shortly to be commenced building in the area.
SINGLE FRONTED MEDIUM SIZED PREMISES newly fitted approx. 2 years ago. Tiled floor, suspended ceiling. The equipment includes counter, electronic cash register.
Level kitchen with Tandoori oven, 6-burner gas cooker, 2 deep fryers, stainless steel fridge, 2 chest deep freezes, single deck conveyor belt pizza oven, refrigerated making table, double sink and drainer, wash hand basin etc.
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, large residential estate, WEST MIDLANDS
Opening Hours : Monday - Saturday inclusive - 11 a.m. - 10 p.m.
NO SUNDAY TRADING
Turnover : WE ARE INFORMED the turnover averages £2,500 p.w. takeaway and delivery, in our opinion the business offers tremendous potential for further increase, especially with the additional houses being built in the area and with the business being situated within 300 yards of a large student college. Gross profit 65% approx.
Tenure : We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 3 years unexpired at a rental of £6,000 p.a. exclusive of rates, fixed for the remainder of the term. We further understand the landlord will consider a surrender of the existing lease and the granting of a longer lease at terms and rent to be agreed.
Uniform Business Rates: £1,200 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated by the vendor with the assistance of 2 full time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
