Fully Equipped Indian Takeaway and Restaurant for Sale in Selly Oak, West Midlands
Selly Oak, West Midlands
- Status
SOLD
- Advert ID
623357
- Leasehold: £18,000 (Stock at valuation)
- Rent: £8,400 (£700 per month)
- Turnover: On request
- Net Profit: Not Applicable
Key Features
- Price Reduced
- Retirement Sale
- Prime Location
- Established Business
- Unique Business
- Offers Invited
- Small Business
Business Details
Open offer sale Indian TAKEAWAY and restaurant
The Indian cuisine takeaway and restaurant business is now available for sale in the heart of Selly Oak, West Midlands. This established business, operational for 11 months, boasts a prime location near BC University and QE Hospital, making it a highly attractive investment opportunity.
Fully equipped for an efficient culinary operation, the sale includes essential kitchen equipment such as an 8-burner cooker, hot plate storage, grill, two fridges, two deep freezers, four fryers, and a tandoori oven. Additionally, the property includes extraction fans installed in both rooms, as well as a dishwasher, seating area, and a till system for smooth business operations.
The leasehold price is set at £22,500, negotiable, with all stock included. The current annual turnover reaches £91,000 against an annual rent of £8,400, offering a viable business venture. The premises offer cheap rent and parking access, adding to its convenience. Located within a student accommodation area, the property also benefits from its proximity to public amenities.
Prospective buyers are invited to make offers, and viewings are welcome. The sale is prompted by retirement, providing a unique opportunity for interested investors to own a small and distinctive business. Don't miss out on this price-reduced, urgent sale opportunity.
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This listing has been withdrawn from the market. We're currently awaiting confirmation from the seller. Please check back soon for updates.
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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