Leasehold Fast Food Takeaway Located In Wolverhampton
Google Rating 4.7
Ref 2683

Location
This respected Fast Food Takeaway is located in Wolverhampton. Situated within a prominent and highly visible trading position on The Wolverhampton Road and within Crossways Shopping Centre. Other retailers within the centre include Farm Foods, Focus Eye Clinic, Drink Buster, Bet Fred and Asda Supermarket. All of which bring high levels of footfall to the area. The immediate area is densely populated with residential houses along with other businesses and industry. Wolverhampton town centre is (1 mile) and the M6 motorway (5.3 miles).

Leasehold Asking Price: £39,950 plus SAV (£1,000)

Business Description
Veritas Business Sales offer to the market this Fast Food takeaway which is located in Wolverhampton. 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. Pizza Stube is owner operated with the help family and 1 full time & 1 part time members of staff and has an average weekly turnover of £3,000-£3,500. Approximately 50% is walk-in trade and the remaining 50% on deliveries via their own website and the online portals, Just Eat and food hub. They serve a fine range of pizzas, burgers, doner kebabs, sausages, pasta, southern fried chicken, fish & chips, sides, ice cream and soft drinks.
We believe that a purchaser 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.

Opening Times
Monday - Saturday - 12:00pm - 10:00pm
Sunday - 3:00pm - 10:00pm

Leasehold
Term: 15 years
Remaining: 13 ½ years
Rent: £12,000 pa
Reviewed: 5 yearly
Business rates: zero

Ground Floor
Takeaway comprising: customer seating area for (8), ice cream freezer, ice cream serving counter, serve over sales counter with covid screen, 5 x digital menu display monitors, 2 pan range with 2 chip boxes, scrap's box and 2 food warming cabinets, EPOS till system, stainless steel wash basin, 2 deck pizza oven (Prismafood), stainless steel table, dough roller, stainless steel worktop with 3 door undercounter fridges (Polar), dough mixer, extraction canopy, stainless steel table for sauces, 4 slice toaster, 2 slice toaster, stainless steel table, 4 pot wet bain-marie, dual deep fat fryer, single kebab rack (Archway), double kebab rack (Archway), kebab meat shaver, extraction canopy and upright 2 door drinks fridge.
Kitchen comprising: 2 x stainless steel tables, 2 door stainless steel fridge, dual stainless steel sink, 6 burner range, extraction canopy, stainless steel wash basin, metal storage rack, wall mounted knife rack, utensils rack, stainless stell table, southern fried chicken cooker (Kuroma), insect zapper and chest freezer.
Rear kitchen with chest freezer, upright freezer, racking for potato storage, combination boiler and rear exit door.
Chipping room with potato chipper, potato peeler and 3 x plastic chip bins.
Office with stainless steel table, office desk and chest freezer.
Staff W/C with wash basin.
The takeaway benefits from electric roller shutters to the front and gas fired central heating.

External
Front customer car park for the shopping centre. Rear service road for deliveries.

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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