Fast Food Takeaway in Birmingham For Sale

Detached property, excellent main road trading position, residential and commercial area, BIRMINGHAM BIRMINGHAM

Turnover £ 4,500
Price £140,000

Features

Fast Food Takeaway Specialising In Fish and Chips, Kebabs and Chicken

6 DAYS OPENING

AMPLE CUSTOMER PARKING TO THE FRONT.

SINGLE FRONTED PREMISES in the region of 1,500 ft², Alarm, CCTV (10 cameras), Vinyl non slip flooring, suspended ceiling with spotlights.

Cust waiting area. Television screen menus.

Sales counter - Electric cash register, soft drinks fridge.

Open plan kitchen - Stainless steel extractor, New 4 pan Hewigo Range (£70,000), chip dump, hot cabinet, 3 doner machines, microwaves, Henny Penny chicken cooker, charcoal grill, 2 further grills, 3 fridges, small freezer, stainless stell preparation tables, etc

Walkin fridge

Walkin freezer

Potato store, cutter, peeler, sink.

Staff room.

Staff cloakroom with toilet and wash hand basin.

Store room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a Gross Profit of 60% approx.

NB - No online or deliveries presently under taken.

Staff

The business is at present operated by the Husband & Wife team with 1 full time and 1 part time staff employed.

We are informed the wage bill averages £300p.w. approx.

Trading Hours

6 Day week
MONDAY - SATURDAY 4pm - 9.30 pm

Local deman for longer hours.

Accommodation

THE SELF CONTAINED ACCOMMODATION, entrance via door to the side of the shop to 2 flats, both newly refurbished and decorated.

Flat 1 - Fitted Kitchen
Bathroom with shower over, sink and toilet.
1 double bedroom
Living room

Flat 2 -
Fitted Kitchen

Stairs to
2 bedrooms (1 double, 1 single)
Bathroom with shower over, sink and toilet.
Living room.

Outside

Yard / Garden.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in January 2024 with reviews every 4 years (next review 2028) at a current rent of £25,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESSIS OFFERED FOR SALE SOLELY DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 70,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote