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No longer on the market

This property is no longer on the market

Takeaway

Takeaway
Added > 14 days

Features and description

  • Established Business
  • Fully Equipped
  • Further Potential
  • Fast Food Takeaway
  • Leasehold

Leasehold Fast Food Takeaway Located In Smethwick
Tripadvisor Rating # 4.5
Ref 2644

Location
This respected Fast Food Takeaway is located in Smethwick in the West Midlands. Situated within a prominent and highly visible corner position, where Londonderry Lane meets Francis Road. The immediate area is densely populated with residential houses along with other retail shops and businesses. It borders West Bromwich and Oldbury and the thriving Birmingham city centre is just (4 miles) away.

Leasehold Asking Price: £49,950 plus SAV (£3,000)

Business Description
Veritas Business Sales are privileged to offer to the market this Fast Food takeaway which is located in Smethwick. The business has been established for over 30 years and has been in the careful hands of our client for the past 2 years and is now being offered for sale due to an unforeseen change in circumstances.
Since ownership there has been continual investment 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. Kebab Land is owner operated with the help of 2 full time members of staff and has an average weekly turnover of £4,000-£4,500. Approximately 40% is walk-in trade and the remaining 60% on deliveries from the online portals, Just Eat, Uber Eats, Food Hub and Deliveroo. They serve a fine range of pizzas, burgers, doner kebabs, wraps, naan breads, piri piri chicken, southern fried chicken, tandoori starters, fries, sides, ice cream and soft drinks.
We believe that a new owner operator could increase trade should they wish, 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 ready made takeaway with further potential which is a great base to build upon and as such early viewing is highly recommended as this is one not to be missed.

Opening Times
Tuesday - Sunday - 4:30pm - 11:00pm
Monday - closed

Leasehold
Term: 15 years
Remaining: 11 years
Rent: £9,900 pa
Reviewed: 5 yearly
Business rates: zero
Ground Floor
Takeaway comprising: customer seating area, ice cream freezer, 2 door drinks fridge, serve over sales counter with covid screen, serve over chilled display counter, hot food display cabinet, hot air blow heater over entrance door, 5 stainless steel prep tables, double kebab machine (Archway), single kebab machine (Archway), kebab meat shaver, kebab meat catcher, 6 pot wet bain-marie, chip scuttle, dual basket deep fat fryer (Elite), dual basket deep fat fryer (Pitco), single basket deep fat fryer (Lincat), 2 tandoori ovens, char grill (Falcon), 2 separate extraction canopies, and chest freezer.
Kitchen comprising: pizza oven (Zanoli), 4 pizza warming bags, extraction canopy, 6 burner gas hob, 2 stainless steel shelves, saladette with 3 door undercounter fridge, table & chairs, stainless steel prep table with cupboards below, stainless steel sink drainer, southern fried chicken fryer, convection oven (Rational), extraction hood and rear door.
Dry stores with walk-in cold room, dough mixer, 6 wall mounted shelves, chest freezer and dry good storage area.
Staff W/C with wash basin.

The takeaway benefits from electric roller shutters to the front and rear.

External
Rear and side yard with front double gated access and wooden storage shed. Storeroom with 4 chest freezers, storage shelf and pizza dough roller. Frontage with off road parking (3).

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About this agent

Veritas Business Sales - Solihull
Veritas Business Sales - Solihull
Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG
0121 721 6440
Full profileProperty listings
Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.
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