FOR SALE
647252
Hotway / Rightbiz
Hotway
7 Carfin Street, New Stevenston, Motherwell, ML1 4JL
LOCATION
The subjects benefit from a prominent trading position within a busy retail parade on Carfin Street within a well-established commercial and residential area of New Stevenston, situated between Motherwell and Bellshill in North Lanarkshire.
The surrounding locality comprises a mix of predominantly local retailers, pubs and takeaway operators anchored by Scotmid supermarket. Surrounding community amenities include both primary and secondary schools, churches and Holytown railway station, all of which provide consistent footfall which is supplemented by nearby housing and passing traffic.
Carfin Street serves as a connecting route through the area, providing convenient access to the wider Motherwell town centre as well as surrounding districts. The premises are well positioned to attract both local residents and passing trade, with on-street parking available nearby and good public transport links within walking distance.
The area is densely populated, supporting strong demand for convenience food offerings, and the property’s location makes it well suited for a takeaway business looking to capitalise on an established customer base.
THE PROPERTY
The subjects form part of a retail parade and comprise this mid-terrace, single-storey and attic property all under a new pitched tiled roof. The property was extensively refurbished approximately 5 years ago at a cost of over £130,000, including new roof, completely rewired (3-phase), replumbed, new extraction systems etc.
DESCRIPTION
As mentioned above, the property was completely refurbished 5 years ago, and the premises have been designed and fitted to an exacting standard with no expense spared and the highest quality of finishings used throughout. The premises benefit from electric roller shutter, multi camera CCTV system and alarms.
The property is accessed directly from Carfin Street via an entranceway positioned to the left-hand side of the large display frontage with prominent signage above.
The front section provides seating for approximately 18 customers by way of loose tables and chairs.
To the rear of the seating area there is a serve-over marble topped counter with 3x flat screen televisions above to display menus, and an open kitchen to the rear with a range of equipment including 2x kebab grills, 6 pan bain-marie, fridge and a hot cupboard.
To the rear of this, the back shop area is home to a larger kitchen with a separate large l-shaped canopy and extraction system. Equipment in this area includes 6-ring gas burners, double fryers, microwave, stainless steel workbenches, fridges, freezer, as well as dishwasher and sinks/basins.
The subjects benefit from a large, renovated attic, currently accessed by ladder, which provides a further chest freezer and a large storage/office area.
SIZE
We understand that the subjects have an approximate ground floor area of 61 SqM (656 SqFt) which does not include the large attic area above.
FIXTURES & FITTINGS
We have been advised that all trade fixtures and fittings are owned outright and are free from any hire purchase or lease agreements.
RATES
The subjects are entered into the current valuation roll as having a rateable value of £5,200 and are therefore eligible for zero rates.
TENURE
Our client is willing to offer a fresh FRI lease of negotiable terms and duration, and we are seeking initial rental offers in excess of £20,000 per annum.
Freehold offers will be considered.
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 SolicitorThe data showed regarding this advert 'Fully Fitted Takeaway Restaurant Opportunity within busy retail parade - Hotway / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.