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Leasehold Café & Takeaway in Affluent Solihull for Sale, Priced at £34,950

Solihull, West Midlands
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Leasehold Café & Takeaway Located In SolihullLeasehold Café & Takeaway Located In SolihullLeasehold Café & Takeaway Located In SolihullLeasehold Café & Takeaway Located In SolihullLeasehold Café & Takeaway Located In SolihullLeasehold Café & Takeaway Located In SolihullLeasehold Café & Takeaway Located In SolihullLeasehold Café & Takeaway Located In Solihull
  • Status

    FOR SALE

  • Date Submitted:

    21/07/23

  • Advert ID

    516987

  • Reference

    2675 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £29,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Café & Takeaway Located In Solihull

Leasehold Café & Takeaway Located In Solihull
Ref 2675

Location
This delightful Café & Takeaway is located in the affluent area of Solihull. Situated within a prominent and highly visible trading position on Hobs Moat Road. The business is surrounded by large Blue Chip retailers along with complementary independent retailers all of which bring high levels of footfall to the area. There is plenty of free street parking and a car park adjacent. Solihull town centre where you have an array of retail shops, bars and restaurants is (2.5 miles).

Asking Price £29,950 plus SAV (£500)

Business Description
Veritas Business sales are privileged to offer to the market this respected Café & takeaway which is located in Solihull. The business was established by the current owners in 1984 and is now being offered for sale so that they can enjoy a well deserved retirement.
Since ownership they have kept the premises in good order and 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. Keuken Café is owner operated with the help of 1 full time staff member but will come with no staffing liabilities. They have an average weekly turnover of circa £1,800 and serve English cooked breakfasts, hot & cold sandwiches, toasties, pies, teas, coffees and cold drinks and have a lunchtime menu. All food is freshly prepared to order on site and can be enjoyed inside the cosy seating area or taken away.
We believe that there is further potential to increase revenue should you wish, by extending the current opening times and maybe expanding on the current food offering and joining the online delivery portals such as Just Eat. They have 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 a turnkey business is a busy location which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday – Saturday – 07:00am – 1:30pm
Sunday – closed

Leasehold
Term : 15 years
Remaining: 3 years
Rent: £20,000 pa
Service charge: circa £2,000 pa
Business Rates: zero

Ground Floor
Café comprising: shop comprising: tables & chairs to cover (54), baby high chair, sales counter with sales counter, serve over chilled display cabinet, cutlery holder, worktop with base units, till (Casio), drinks fridge and counter top Coca Cola fridge and an upright Coca Cola fridge.
Preparation area with worktop, hot water boiler (Lincat), 4 x wall mounted metal shelves, microwave (Panasonic),microwave (Samsung), microwave (Russell Hobbs) and upright fridge.
Kitchen comprising: 5 ring gas hob/oven, salamander grill, extraction canopy, stainless steel table, 4 x wall mounted metal shelves, dual deep fat fryer (Buffalo), stainless steel double sink drainer, stainless steel wash basin, combination boiler (Main), stainless steel table with commercial can opener, 4 slice toaster, 2 x stainless steel tables with storage cupboards below, 5 x wall mounted shelves, 4 tier metal storage rack, 2 x chest freezers, upright fridge, double door fridge, wall mounted knife & utensil racks and wall mounted paper towel dispenser.

External
Rear yard with brick built W/C with wash basin and brick built storeroom.

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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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