• CTL211-1
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  • CTL211-6
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Property ID : CTL211

For Sale £32,500 Asking Price - Commercial, Shop

Cotterills Lane B8 3RS

This is a well established fast food pizza business which enjoys all the considerable commercial advantages of a highly visible and sought after corner trading position with good turnover and huge potential.

Leasehold Fast Food Business For Sale

Leasehold Price £37, 500 – *NOW REDUCED £32,500 Negotiable

  • Consistently good levels of turnover and profitability
  • A prime corner trading position
  • Secure lease
  • Established reputation with regular customer base
  • Lots of passing trade benefits
  • Huge further development potential
  • Inventory of valuable fixtures and fittings included
  • Adaptable to host of alternative dining and hospitality styles
  • Sensibly priced for quick genuine sale
  • Early viewing is highly recommended

THE BUSINESS

This is a well established business which enjoys all the considerable commercial advantages of a highly visible and sought after corner trading position on Cotterills Lane, East Birmingham with excellent access to major roads.
Operating from two-storey premises, this busy concern currently primarily offers full and varied lunchtime and evening in-house and fast food takeaway menus of classic and contemporary Pakistani cuisine, kebabs and pizzas.
Financial Information
Current average weekly takings in the region of £2, 000 with excellent profits and scope to increase. (Currently trading 5pm-11pm due to health reasons)

Tenure
Leasehold

Lease
The premises are being offered with the benefit of a secure 6 year lease which is extendable

Seller
Private Sale

Rent
The current rent is £700 per calendar month (a figure which we understand is inclusive of VAT), this includes the accommodation above.

Business Rates
We are advised that the business currently qualifies for 100% Small Business Rates Relief.

Trading Hours
Monday to Sunday 12pm to 11pm

Number of Employees
The business at present employs 2 full time and 2 part time staff including delivery drivers.

PROPERTY DESCRIPTION

Fitted and presented to good specifications throughout, this well maintained two-storey premises occupy a highly visible corner trading position and provides functional internal business accommodation which, to the ground floor, briefly comprises an inviting double fronted public entrance directly off Cotterills Lane into a welcoming take away reception and service area.
Boasting tiled flooring, service counter with food display units, the customer servery facilities afford open access to a fully fitted and well equipped commercial food preparation area with extraction system housing ample stainless steel work surfaces, storage units, large pizza oven, double fryer, display fridge, 3x freezers, chicken fryer, dough mixer, dough roller, menu display, of which is to be included in the sale price. The main dining area currently has 8 seating with scope to increase.
Accessed by means of staircase from ground-floor level, to the first floor the property provides further accommodation comprising 3 bedrooms and 1 bathroom.
The property also enjoys the added safety and security benefits of shutter front and intruder alarm systems.

PROPERTY DIMENSIONS

Ground Floor Area 505 Sq Ft
First Floor 425 Sq Ft

Please note all the area measurements given above are approximate.

EXTERNALLY

Occupying an excellent corner trading position, to the front the premises are well signed and presented and afford ample and inviting display window space. The property has customer parking at front and also features a service personnel access through the rear garden.

FIXTURES & FITTINGS

The business is well fitted throughout and a valuable inventory of all equipment is to be included in the sale price.

VIEWING AND CONFIDENTIALITY

All arrangements to view are strictly by an appointment through the offices of Property Link UK Ltd and no approaches whatsoever should be made to the owner or the business.

Disclaimer

Property Link UK Ltd Estate Agents have not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Measurements are all approximate and have been taken as a guide to prospective buyers only. The accuracy of the details for the property is not guaranteed and they do not constitute or form part of any contract. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to view a property. If you require further information, please contact us.

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