Leasehold Fast Food Takeaway Located In Sparkbrook, Birmingham

Leasehold Fast Food Takeaway Located In Sparkbrook, Birmingham
Prominent & Highly Visible Trading Position On The Busy Ladypool Road
First Floor Producing £850 Per Month Rental Income
Would Suit Many Cuisines
Ref 3162

Asking Price £59,950 plus SAV (£3,000)

Location
This well-established Fast Food Restaurant & Takeaway occupies a prominent and highly visible trading position on Ladypool Road, Sparkbrook, Birmingham, a busy location renowned for its vibrant community atmosphere and diverse food offering. Ladypool Road is home to a wide variety of restaurants and food businesses, ranging from South Asian cuisine, traditional curries and grilled meats through to modern dessert parlours and established food chains. The premises provide an excellent opportunity for an incoming purchaser to acquire a well-equipped takeaway business in a busy and popular trading location.

Business Description
Veritas Business Sales are delighted to offer to the market this well-established Fast Food Restaurant & Takeaway, situated in the popular Sparkbrook area of Birmingham. The business was established approximately 5 years ago by our clients, who are now offering the business for sale to enable them to concentrate on their other business interests.
During their ownership, our clients have refurbished and redecorated the premises and invested substantially in new equipment, fixtures and fittings. These items are included within the sale price and have been bought and paid for, representing a significant benefit to a new owner and reducing the requirement for further immediate capital expenditure.
The business is currently owner-operated with the assistance of 4 full-time members of staff and generates an average weekly turnover of approximately £9,000.
The turnover is currently derived from approximately:
£5,000 per week – Uber Eats
£2,800 per week – walk-in trade
£1,200 per week – Just Eat
The menu has a strong parmesan theme and includes chicken parmesan, donner parmesan, Kashmiri parmesan, pulled beef brisket parmesan, parmesan burgers and smashed burgers, together with steak & rice, steak & chips, steak & pasta, box meals, loaded Mac ‘n’ cheese, fried chicken wings, wraps, sides, children's meals, soft drinks and desserts.
Please note that the trading name “Casa Parmo” is not included in the sale, as our clients operate another site under the same brand. However, should a purchaser wish to acquire both sites, the trading name may then be available.
We believe there is considerable scope for an incoming owner to further develop the business through a more rigorous advertising and marketing campaign, together with an increased presence across social media platforms.
The business has established a strong reputation within the local community and beyond, generating a high level of regular and repeat custom.
This represents an excellent opportunity to acquire a turnkey restaurant and takeaway operation, with an established customer base, substantial equipment and clear potential for further growth.
Early viewing is highly recommended.

Opening Times
Monday – Thursday – 16:00 – 23:00
Friday & Saturday – 16:00 – 01:00
Sunday – 16:00 – 23:00

Leasehold
New lease to be granted
Term: negotiable
Rent: £25,000 pa
Business rates: zero

Ground Floor
Takeaway area comprising: customer seating area for (4), stairs leading to the first floor restaurant, understairs storage cupboard, sales counter with EPOS till system & cash draw and wall mounted heater.
Kitchen comprising: 2 door drinks chiller (Staycold), chest freezer (Elya), stainless steel table, stainless steel table with 3 bulb heated pass, metal storage unit, electronic weighing scales, upright freezer, 2 x upright fridges, Convection oven (Rational i combi pro), 2 x two door stainless steel undercounter fridges, deep fat fryer (Falcon), deep fat fryer (Infurnus), 4 burner gas hob, salamander grill (Falcon), extraction canopy, chargrill with double griddle, stainless steel wash basin, 2 x stainless steel tables, commercial microwave (Samsung), 3 x wall mounted metal shelves, stainless steel breading table, 3 x flour storage containers and wall mounted paper towel dispenser.
Washroom comprising: 2 x metal storage units, worktop, vegetable cutter (iMettos), stainless steel sink with hose, wall mounted storage units, dishwasher (Hobart), and 2 x upright fridges.

First Floor
Restaurant with tables & chairs to cover (32), stairs leading to the loft space.
The first floor restaurant is sub-let for £850 per month. A purchaser can continue to receive the rental income or take the space and use it for themselves.
Customer toilet with W/C, wash basin, and wall mounted mirror.

Second floor
Loft space which is a storeroom with chest freezer, 4 x metal storage units, jacket potato oven, double panini press, kebab machine and 2 pot wet bain-marie.
External
Rear bin area.

The premises benefits from electric roller shutters to the frontage and CCTV (8 camera system).

EPC Rating C