The Opportunity: * Weekly turnover in excess of £10,000 * Option to purchase a new lease or the freehold * Nill Business Rates * Two bedroom flat with rental income of £800.00 per month * 5 Food Hygiene Rating
Opportunity to keep the franchise brand name for £50 per week
Reason For Sale: * Our client is selling this business in order to focus on other business interests that are geographically closer to home.
Location: * The store is located on a busy street close to a residential area and benefits from high levels of footfall and passing trade. * The shop sits alongside other complimentary retail businesses including several well-known high street names. * The store is well presented and maintained, with clear visible signage.
Internal: * Internal area of 158 sq.m (1700 sq. ft)
External: * There is secure customer parking available to the front and rear. * Delivery access to the rear
Weekly Turnover * We have been advised by our client that the weekly turnover on average £10,000. *The business is a member of Just Eat, Uber Eats and Deliveroo.
Tenure * The business is offered for sale with a new 20 year lease with further further terms to be negotiated.
* Option to purchase the freehold for £350,000 plus the goodwill of £220,000.
Staff * The business is run and managed by one full time and five part time members of staff.
Accommodation * included in the sale, a two bedroom flat that benefits from seperate access. Currently rented out for £800.00 per calender month but may be vacant upon possession if required.
Rent: * The rent payable per annum is £22,000 ( Includes the accommodation ) * Rental income from the accommodation can offset the rent payable to £12,400 per year.
Fixtures and Fittings The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
Rates * Purchasers should enquire with relevant local authorities to confirm the rates payable
Legal costs * Each party to be responsible for their own legal costs in connection with the sale.
Trading Information * Full accounts will be made available to seriously interested parties after they have viewed the business.
Regulatory * A5 Licence * 5 Food Hygiene Rating
Viewing arrangments: * 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.
Mailbox Estates highly advise early viewing to avoid disappointment.