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Leasehold Pizza & Piri Piri Chicken Takeaway in Busy Tamworth Area for £109,950

Tamworth, Staffordshire
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Leasehold Pizza & Piri Piri Chicken Takeaway Located In Tamworth Photo 1
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Leasehold Pizza & Piri Piri Chicken Takeaway Located In TamworthLeasehold Pizza & Piri Piri Chicken Takeaway Located In TamworthLeasehold Pizza & Piri Piri Chicken Takeaway Located In TamworthLeasehold Pizza & Piri Piri Chicken Takeaway Located In TamworthLeasehold Pizza & Piri Piri Chicken Takeaway Located In TamworthLeasehold Pizza & Piri Piri Chicken Takeaway Located In TamworthLeasehold Pizza & Piri Piri Chicken Takeaway Located In TamworthLeasehold Pizza & Piri Piri Chicken Takeaway Located In TamworthLeasehold Pizza & Piri Piri Chicken Takeaway Located In TamworthLeasehold Pizza & Piri Piri Chicken Takeaway Located In TamworthLeasehold Pizza & Piri Piri Chicken Takeaway Located In TamworthLeasehold Pizza & Piri Piri Chicken Takeaway Located In Tamworth
  • Status

    UNDER OFFER

  • Date Submitted:

    13/10/23

  • Advert ID

    601092

  • Reference

    2935 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £99,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Pizza & Piri Piri Chicken Takeaway Located In Tamworth

Leasehold Pizza & Piri Piri Chicken Takeaway Located In Tamworth
Fully Fitted & Newly Refurbished
Operated Under Management
Ref 2935

Location
This delightful Pizza & Piri Piri Chicken Takeaway is located in Fazeley, Tamworth. Situated within a prominent and highly visible trading position on Coleshill Street. Its part of a busy parade of shops to include an Indian Restaurant, Pharmacy, Chinese Takeaway, Fish & Chip Shop and Tesco Express. All of which brings high levels of footfall to the area. Tamworth town centre is (1.7 miles) and the M42 motorway (3 miles) which gives easy access to all motorway networks.

Leasehold Asking Price: £99,950 plus SAV (£2,000)

Business Description
Veritas Business Sales are privileged to offer to the market this respected Pizza & Piri Piri Chicken Takeaway which is located in Tamworth. The premises was transformed into what you see today by our client 18 months ago. They are now offering the business for sale so that they can concentrate on other projects.
Since ownership they have undertaken total refurbishment, redecoration and they have installed brand new equipment along with fixtures & fittings to the tune of (£150,000) which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Pizzarino is operated by a team of 6 part time members of staff and has an average weekly turnover of circa £6,500. Approximately 50% of turnover derives from walk-in trade, phone orders and their own website and the remaining 50% comes from Just Eat & Uber Eats. Deliveries are made by their own in-house drivers. They serve pizzas, peri peri chicken, wings, burgers, fries, sides, dips, veggie options, desserts and soft drinks.
We believe that there is potential to increase trade should you wish by extending the current opening times. The shop has previously turned over £13,000 per week so the potential is certainly there. The business in a short time has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a fully fitted takeaway where all the hard work has been done, which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Wednesday – 16:00 – 22:00
Thursday – Saturday – 16:00 – 22:30
Sunday – 16:00 – 22:00

Leasehold
Lease: 15 years
Remaining: 13 years
Rent: £16,000 pa
Reviewed: 5 yearly
Rates: zero

Ground Floor
Takeaway comprising: serve over sales counter with EPOS till system, 5 x digital menu boards, undercounter drinks fridge, pizza oven (Lincoln), 2 x stainless steel tables, stainless steel hot cupboard with heated gantry, saladette with marble worktop and 3 door undercounter fridge, stainless steel trolley, 4 slice toaster, stainless steel wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser, (Rational) oven, dual deep fat fryer (Fastfri), stainless steel table, chargrill (Bonnet), griddle, extraction canopy, chip scuttle (Lincat), 3 x metal shelves and undercounter fridge (Kenwood).
Kitchen comprising: stainless steel upright 2 door freezer (Polar), 2 x commercial microwaves (Samsung), stainless steel wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser, 2 x metal storage units, stainless steel fridge (Ozti), dough mixer (Prismafood), stainless steel table with commercial can opener, dough roller (Prismafood), blender (Sammic), 2 x metal shelves, stainless steel dual sink with directional hose, hot water boiler (Main), induction hob (Buffalo), chest freezer, walk-in cold room and rear exit door.
Staff W/C with wash basin, wall mounted mirror, wall mounted soap dispenser, wall mounted soap dispenser and staff changing area.
The premises benefits a CCTV (5 camera system).

External
Rear shared yard with bin area.

EPC Rating C



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THIS BUSINESS IS NOW UNDER OFFER

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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