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Freehold Takeaway With 3-Bedroom Flat For Sale in Nuneaton Town Centre, Warwickshire

Nuneaton, Warwickshire
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Freehold Takeaway Located In Nuneaton Town CentreFreehold Takeaway Located In Nuneaton Town CentreFreehold Takeaway Located In Nuneaton Town CentreFreehold Takeaway Located In Nuneaton Town CentreFreehold Takeaway Located In Nuneaton Town CentreFreehold Takeaway Located In Nuneaton Town CentreFreehold Takeaway Located In Nuneaton Town CentreFreehold Takeaway Located In Nuneaton Town CentreFreehold Takeaway Located In Nuneaton Town Centre
  • Status

    FOR SALE

  • Date Submitted:

    16/04/24

  • Advert ID

    609883

  • Reference

    2988 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £225,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Freehold Takeaway Located In Nuneaton Town Centre

Freehold Takeaway Located In Nuneaton Town Centre
Three Bedroom Accommodation Above
Lease Option Available
A3 Consent
Ref 2988

Freehold Asking Price £225,000
Leasehold Asking Price £9,950

Location
This Freehold Takeaway is located within a prominent and highly visible trading position on Bond Street, Nuneaton. The town is the largest town in Warwickshire with a population of over 86,552 and offers an abundance of large retailers and an array of bars & restaurants which bring high levels of footfall to the area. The (A444) is nearby which gives easy access to the M6 motorway which links you to all major motorway networks. Nuneaton is (8 miles) north of Coventry, (18 miles) east of Birmingham, (16 miles) southwest of Leicester and (103 miles) northwest of London.

Business Description
Veritas Business Sales are privileged to offer to the market this delightful Freehold Takeaway which is located in Nuneaton town centre. The premises were built in circa 1960 and has traded as a fish & chip shop restaurant and takeaway for most of that time. Our client purchased the property back in February 2021 and has transformed it into what you see today. The first floor restaurant has been converted into a self contained three bedroomed flat. Reluctantly this is now being offered for sale due to health reasons.
Since ownership they have refurbished, redecorated and installed some items of equipment along with fixtures & fittings which are all bought and paid for and included within the sale price. The Takeaway is currently not trading so offered with vacant possession.
The property offers flexibility and would suit many cuisines. The flat is self contained and would make great living accommodation for an owner or alternatively can be sub-let. This is a superb opportunity to purchase a freehold or leasehold takeaway within the town centre which is a great base to build upon and as such early viewing is highly recommended.

Leasehold
Premium £9,950
Includes fixtures, fittings & lease
New lease to be granted
Rent: £18,000 per annum shop & flat
Business Rates: zero

Ground Floor
Takeaway with sales counter, tables & chairs to cover (12) and a baby high chair.
Staff W/C with wash basin and hot water boiler (Ariston).
Kitchen comprising with 2 x stainless steel tables, stainless steel table with pass, stainless steel shelf, extraction canopy and stainless steel wash basin. The walls benefit from stainless steel cladding.
Small storage cupboard with shelving.
Storeroom with upright Coca-Cola fridge, gas meter and electric meters.
Pot wash room with stainless steel double sink drainer, 2 x stainless steel tables, metal storage rack, chest freezer (Hotpoint), chest freezer (Ice King), 2 door stainless steel fridge (Foster) and rear exit door.
The kitchen and pot wash area benefits from new non slip flooring.

First floor
Door leading into a hallway.
Kitchen/diner with combination boiler (Biasi), worktop, base units, 4 ring gas hob, electric oven, extraction hood, washing machine (Hotpoint) and fridge/freezer (Beko).
Bathroom with bath and shower over bath, W/C and wash basin.
Double bedroom.
Double bedroom.
Double bedroom.
Lounge
The flat benefits from its own gas/electric meters, gas fired central heating, UPVC double glazing and new laminate flooring.

External
Shared gated driveway with parking for (1) and metal stairs leading to the first floor flat.

EPC Rating C

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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