For Sale

Restaurant

CS0306 Closed Takeaway Wednesbury


£21,950 Fixed Price

This well-maintained property is surrounded by a variety of businesses, including supermarkets, barbers, pubs, hair and beauty salons, and other takeaways, ensuring substantial footfall.

*CLOSED* Takeaway for Sale

**Please note the store is closed and not trading**

Reason for sale:
*Our client closed the store approximately 12 months ago to concentrate on managing their existing takeaway outlets, of which they currently operate more than five.

The Opportunity:
* Potential for other use such as a barbers, Protein store, Beauty Shop, Storage space etc.
*Affordable annual rent of £7,500 with no business rates.
* Perfect trading position

Location:
* Busy Commercial Area: The store is located near Wednesbury town centre, benefiting from strong foot traffic and proximity to retail stores, offices, and local amenities

Weekly Turnover
* We have been advised that the previous historic turnover was on average £6,000 - £7,000 per week.

Tenure
*The site is to be offered by grant of a new 20 year secure renewable lease.

Rent:
* The current rent is per annum is £7,500.

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

Previous Trading Hours:
* Monday - Sunday 3:00pm - 3:00am.

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

Regulatory
* A5 License

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

Viewing arrangements:
* Please contact us to arrange a convenient time to meet at the property for viewings.

DEPOSIT
*A non-refundable deposit is required from the successful buyer(s).

We understand that the property benefits from the following services: heating and hot water, electricity, water supply, and a CCTV burglar alarm system. Please note, however, that we have not conducted any testing of these services and therefore assume that all systems are in full working order.


Tenure: Leasehold
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