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TAKEAWAY RESTAURANT BUSINESS FOR SALE - SUTTON COLDFIELD

£19,000 pa
Sutton Coldfield, B74

Essential Infomation

  • Property Type: Restaurant
Available from : 11 Jul 2023
Reference number : spectra_357547446

Key Features

  • Furnishing: Furnished
  • Tenure: Leasehold
  • Class: A5 : Hot food takeaways
  • Size

Description

Opportunity to Purchase: Established Chinese Takeaway in Sutton Coldfield for £45,000

Presenting a golden opportunity to acquire a prosperous Chinese and Fish & Chips takeaway,  situated in Sutton Coldfield. This sought-after business has created a unique space in the culinary scene with a loyal customer base, offering a diverse menu of traditional Chinese dishes and beloved Fish & Chips.

Takeaway operates six days a week, from Tuesday to Sunday, with operating hours from 15:30 to 22:00 or 22:30, while being open on all bank holidays. Mondays are reserved for rest and preparation for the following week.

Ordering is a breeze with multiple options available - customers can call, visit in person, or place an order on the user-friendly website. Business accommodates both cash and card payments, with card transactions securely processed through our website.

This business sale, at an asking price of £45,000, includes on location all kitchen and restaurant equipment, digital assets, including our online presence and customer base, and the exclusive recipes that make the Takeaway restaurant a favourite in the community.

The current passing rent is £19,000 per annum, with a lease term of 20 years since April 2022. Thus, the remaining lease term is approximately 18 years and 8 months, providing ample time for the new owner to fully capitalise on this investment. The next rent review will occur in April 2027, with rent reviews scheduled every five years. 

There are also annual service charges, currently fixed at £1,400, covering essential maintenance and services.

The current owners are committed to facilitating a smooth transition, offering support and guidance to the new proprietor to ensure the ongoing success of the restaurant. 

This is an exciting opportunity for a dedicated and passionate entrepreneur or a business veteran to take over an already thriving establishment. Youre invited to get in touch for further details or to arrange a viewing.

Act promptly to secure your place in a rich culinary heritage with this Takeaway Restaurant, and continue to offer the finest traditional Chinese and Fish & Chips takeaway experience.

Tenant's agency fee for credit checks and compliance applies £500


Tenure  : Leasehold

Short Description

Spectra presents a golden chance to own a Takeaway Restaurant, a thriving Chinese & Fish n Chips joint for £45,000. Benefit from a secure lease, loyal customer base, and a robust online presence. Act now!

ENERGY PERFORMANCE CERTIFICATES

The Energy Performance Certificate (EPC) gives the building a standard energy and carbon emission efficiency grade from 'A' to 'G', where 'A' is the most efficient and 'D' being the average to date.

Has your property's value increased? Call 0121 444 5252 to find out how much your property is worth

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