Greek Takeaway for Sale in Nuneaton, Warwickshire with Low Rent and Fully Fitted Setup
Nuneaton, Warwickshire
- Status
FOR SALE
- Advert ID
639249
- Leasehold: £115,000
- Rent: £21,000 (£1,750 per month)
- Turnover: £300,000 (£5,769 per week)
- Profit: Not Applicable
Key Features
- Price Reduced
- Company for Sale
- High Turnover
- Attractive Business
Business Details
Greek Takeaway for sale Nuneaton
The business opportunity on offer currently operates with a total rent of £1,750, which includes two flats situated above the shop. Each flat is currently rented out for £700, meaning the effective shop rent stands at only £350 per month. This represents an attractive rental proposition given the surrounding market.
Looking ahead, the landlord plans to increase the total rent to £1,950 starting in December 2025. It’s important to note that the potential for increasing the flat rental prices means that the shop's rent should remain relatively unaffected by this change.
This business has been established for over four years, and I have personally owned it for two years. The location benefits from a variety of nearby amenities, including other shops and restaurants, which help draw in customers. Interestingly, we primarily serve as the competition within the area, suggesting a solid market presence and recognition.
The establishment is fully fitted, meaning that all necessary fixtures and fittings will be included in the sale price. The primary reason for selling the business is due to plans to move abroad. Currently, the business maintains an active online presence across platforms such as Instagram, Facebook, and TikTok, which helps in marketing and outreach.
This leasehold opportunity is available for an asking price upon request, with a current turnover of £300,000. The annual rent for the premises is £21,000, making it a viable investment for potential buyers.
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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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