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Leasehold Café & Takeaway Located In Birmingham City Centre

Birmingham, West Midlands
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  • Leasehold: £32,500
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Café & Takeaway Located In Birmingham City Centre
Trades Only Weekdays
Ref 2674

Location
This respected Café & Takeaway is located in Birmingham City centre. Situated within a prominent and highly visible trading position on Theatre Approach which is surrounded by other retail shops, businesses and offices. You have great transport links with New Street Station & Grand Central being in close proximity along with the A38. Birmingham offers an array of shops, bars and restaurants which bring high levels of footfall to the area.

Asking Price £32,500 plus SAV (£750)

Business Description
Veritas Business sales are privileged to offer to the market this delightful Café & Takeaway which is located in Birmingham City centre. The business has been established for over 30 years and has been in the careful hands of our clients since 2005 and they are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership they have continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. The Little Tea Shop is owner operated and comes with no staffing liabilities. Pre covid they used to turnover circa £1,600 per week. As more offices re-open turnover will no doubt increase and there is some building redevelopment work being done towards the end of this year nearby so there will be an influx of builders requiring food. They serve a range of cooked English breakfasts, sandwiches, baguettes, toasties, jacket potatoes, chips, salad boxes, teas coffees and cold drinks. All food is freshly prepared to order on site and can be eaten inside the café or taken away.
We believe that there is further potential to increase revenue should you wish, by extending the current opening times and opening weekends. They have a built a strong reputation within the local community and beyond and enjoy a high level of regular and repeat trade. This is a superb opportunity to purchase an established eatery with further scope which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday – Friday – 7:30am – 2:00pm
Saturday & Sunday – closed

Leasehold
New lease available
Rent: £7,500 plus vat pa
Service charge: £359 plus vat pa
Business Rates: zero

Ground Floor
Café comprising: tables & chairs to cover (10), upright drinks fridge, serve over chilled display counter, bake-off oven (Bakebar), cooling racks, wall mounted shelf, worktop with base units, cash register (Casio), Coffee machine (on lease), filter coffee machine, storage draws, upright fridge/freezer (Hoover), upright fridge/freezer (Thompson) and menu boards.
Ladies W/C with wash basin, wall mounted soap dispenser and wall mounted paper towel dispenser.
Gents W/C with wash basin, wall mounted soap dispenser and wall mounted paper towel dispenser.
Kitchen comprising: 2 x deep fat fryers, electric 4 ring hob/oven (Beko), 4 slice toaster x 2, 2 wall mounted shelves, two stainless steel sinks, wash basin, worktop, undercounter fridge, undercounter freezer, extraction canopy, 3 x domestic microwaves, hot water boiler and wall mounted knife rack.
Staff W/C with wash basin.

External
Shared bin area.

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Contact seller

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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