Restaurant for sale

Leasehold Chinese Takeaway Located In Stirchley, Birmingham B30

Leasehold Chinese Takeaway Located In Stirchley, Birmingham
Self Contained Accommodation Above
Would Suit Many Cuisines
Ref 3145

Asking Price £74,950 plus sav (£1,500)

Location
This respected Chinese Takeaway is located in Stirchley, Birmingham. Situated within a prominent and highly visible trading position on the busy (A441) Pershore road. The immediate area offers plenty of retail businesses, an abundance of residential properties and has a large student population which brings decent levels of footfall to the area. Birmingham city centre can be easily accessed and is (4.5 miles) away.

Business Description
Veritas Business Sales are privileged to offer to the market this delightful Cantonese Takeaway which is located in Stirchley, Birmingham. The business was established by our clients 1 year ago and they are now offering the takeaway for sale as they wish to relocate.
Since ownership they have transformed the premises into what you see today and have invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Takeaway is owner operated by a husband & wife team with 1 part time driver and has an average weekly turnover of £3,500-£4,000. Walk-in trade equates to 60% of turnover with the remaining 40% deriving from deliveries via their own website and the online delivery portals. The menu offers authentic traditional Chinese food which is cooked fresh to order using only the finest produce.
We believe that there is further potential to increase turnover by extending the current opening times. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a growing takeaway with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday - Sunday - 17:00 - 22:00

Leasehold
Original term: 12 years
Remaining: 11 years
Rent: £18,000
Reviewed: 3 yearly
Rates: Zero

Ground Floor
Takeaway comprising: Tables & chairs to cover (4), customer seating for (2), sales counter with epos till, 2 door undercounter drinks fridge (Interlevin), wash basin and upright freezer (Whirlpool). Kitchen comprising: Stainless steel fridge (Polar), upright stainless steel freezer (Beko), upright stainless steel freezer (Grundig), upright fridge (Kool), 6 burner range (Lincat), gas deep fat fryer (Pitco), 7 burner wok station, extraction canopy, 2 x wall mounted metal shelves, stainless steel table with shelf, chopping block, upright fridge, stainless steel table, microwave, 2 x rice cookers, 2 x rice warmers, small chopping blocks 7 Knife rack, stainless steel sink, metal utensil hanger and insect zapper.
Washroom with dual stainless steel sink & directional hose, metal shelf, stainless steel wash basin and wall mounted soap and rear exit door.
W/C with shower cubicle, wash basin and water heater (Riannai).
The shop benefits from electric roller shutters to the frontage

First Floor
Accommodation
Entrance door leading into a lounge with cupboards.
Kitchen with wall & base units, sink drainer, microwave, washing machine (Miele), fridge/freezer (Beko) and 4 ring electric hob/oven (Hotpoint).
Bathroom with shower cubicle, W/C, wash basin and water heater (Ariston).
Front bedroom.
The flat could be sub-let for circa £650 pcm.

External
Rear yard with wooden built storeroom and covered decking area (this has power & lighting). Metal stairs leading to the accommodation.