Featured Brokers
CONFIDENTIAL
FOR SALE
641566
CS03066 / Rightbiz
This well-maintained property is surrounded by a variety of businesses, including supermarkets, barbers, pubs, hair and beauty salons, and other takeaways, ensuring substantial footfall.
*CLOSED* Takeaway for Sale
**Please note the store is closed and not trading**
Reason for sale:
*Our client closed the store approximately 12 months ago to concentrate on managing their existing takeaway outlets, of which they currently operate more than five.
The Opportunity:
* Potential for other use such as a barbers, Protein store, Beauty Shop, Storage space etc.
*Affordable annual rent of £7,500 with no business rates.
* Perfect trading position
Location:
* Busy Commercial Area: The store is located near Wednesbury town centre, benefiting from strong foot traffic and proximity to retail stores, offices, and local amenities
Weekly Turnover
* We have been advised that the previous historic turnover was on average £6,000 - £7,000 per week.
Tenure
*The site is to be offered by grant of a new 20 year secure renewable lease.
Rent:
* The current rent is per annum is £7,500.
Rates
* We have been advised that there are no business rates payable.
Previous Trading Hours:
* Monday - Sunday 3:00pm - 3:00am.
External:
* There is on road, customer parking available to the front of the store.
* Delivery access to the rear for loading / unloading.
Regulatory
* A5 License
Legal costs
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord's legal fees are the buyers responsibility.
Viewing arrangements:
* Please contact us to arrange a convenient time to meet at the property for viewings.
DEPOSIT
*A non-refundable deposit is required from the successful buyer(s).
We understand that the property benefits from the following services: heating and hot water, electricity, water supply, and a CCTV burglar alarm system. Please note, however, that we have not conducted any testing of these services and therefore assume that all systems are in full working order.
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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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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