For Sale

Restaurant

CS0223 Outstanding Burger Bar Takeaway


£40,000 OIRO

Mailbox Estates Present an Opportunity to Acquire a popular takeaway situated on a main road with huge visibility.

An exciting opportunity to run a profitable business within a busy town centre. This would suit an experienced operator looking to expand but also perfect for a first time buyer due to its size and ease of operation.

By adding services such as kebabs & pizzas, the operation would benefit from the increased turnover and profit margins.

Taking full advantage of the local lunch trade such as introducing meal deals etc will aid an increase in profit. The local secondary school is 500 yards away with two other schools within easy walking distance.

Reason for Sale
*Our clients sell due to family commitments.

The Opportunity:
* Weekly turnover of £2,000
* Nil Business Rates
* Option to add Pizzas and increase the delivery radius
* Extend the opening hours for the lunch time trade
* Low rent of £1,100 per month. 

Location:
* The store sits alongside other complimentary retail businesses so it benefits from the footfall.
* A bold signage is displayed above the width of the shop with an entrance door and large glass window that floods the store with natural light.
* The corner positioning provides the store with higher success rate as it is more visible.
* 3 major schools on the door step of this business also including a local football stadium.

Weekly Turnover
* We have been advised by our client that the weekly turnover on average is £2,000.
The business is a member of food hub, Just eat, Uber eats and have their own website. 

Internal
*The store provides an eat in or take out service. The main trading area is open plan and has one serving counter where orders are taken. There is a main kitchen on the ground floor along with a spacious preparation area, one storage room, staff WC and rear access.

Tenure
* The site is offered by way of assignment of the existing lease with 5 years remaining, with the option to renew the lease at the end of term.

Rent:
* The rent per annum is £13,200.

Staff
* The business is run and managed by the owner with two part time members of staff.

Trading Hours:
* Monday - Sunday 4:30pm - 10:30pm

Fixtures and Fittings
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price such as.
* Large Griddle 
* Panini grill x 1 
* Flame grilled fires x2
* Food warmer 
* Stainless Steel Fridge
* Single Freezer X1
* Chest Freezer x 3 double
* Mini Red bull Fridge x 1
* Drinks Fridge x 1
* Stainless steal canopy with extractors 
* Fryers x 2

External:
* There is customer parking available to the front of the store.
* Delivery access to the rear for loading / unloading.

Rates
* We have been advised that there are no business rates payable.

Regulatory
* A3 License 
* 5* Food Hygiene Rating

Legal costs
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally.

Trading Information
* Full accounts and trading history will be made available to seriously interested parties after they have viewed the business.

Viewing arrangements:
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF.

DEPOSIT
* Successful applicants will be required to pay a non-refundable deposit.

Tenure: Leasehold (5 years)
Service Charge: £0 per year (reviewed every 0 years)
5 Years remaining with the option to renew the lease at the end of term.
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