Restaurant

Mailbox Estates is delighted to present an exceptional opportunity to acquire a highly popular takeaway located on a bustling main road, providing unmatched visibility and exposure.

This exciting venture presents an ideal prospect for seasoned operators seeking expansion, as well as first-time buyers drawn to its manageable size and straightforward operation

By expanding services to include delectable offerings such as kebabs and pizzas, the establishment stands to significantly boost turnover and profit margins. Moreover, tapping into the local lunchtime trade with enticing meal deals is poised to further drive profitability, especially given the proximity of the business to a secondary school and two other schools within walking distance.

Reason for Sale:
*Our clients are selling 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:
*Strategically positioned alongside complementary retail businesses, benefitting from high footfall. Bold signage and a corner location enhance visibility, with three major schools nearby, 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 offers both eat-in and take-out services, featuring an open-plan trading area with a central serving counter, a fully-equipped kitchen, spacious preparation area, storage room, staff WC, and rear access

Tenure:
*Offered via assignment of the existing lease, with 5 years remaining and the option to renew

Rent:
*The rent per annum is £13,200

Staff:
*Owner-managed with two part-time staff members

Trading Hours:
*Monday to 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
*Rear delivery access for convenient 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.