Indoor Seating for 14 Persons
High Rental Income From Flats, Therefore Effectively RENT FREE
Includes 3 Self Contained Flats
Leasehold Price £89,950
A prominent corner sited and well fitted business situated at a very busy road junction in a local shopping area. It has the benefit of ample immediate parking facilities for customers.
The very spacious Sales/Customer Area has a suspended ceiling with concealed lighting, terrazzo type flooring, fully tiled walls, and seating for around 14 persons. Fixtures and fittings include 3 pan range, four kebab machines, two x 4 pot bain maries, chilled salad dispenser cabinet, heated pie cabinet, microwave, coffee machine, double upright drinks chiller, cash register etc.
Leading to a spacious Kitchen having 4 hob cooker, southern fried chicken cooker and cabinet etc. Off is a shelved Office Area. To a Potato Room with chipper and peeler, and a Fridge Room with ample refrigeration units. To the rear is an enclosed yard with rear access.
An excellent business having a desirable trading location
The Business Premises is Rent Free after taking into account the rental income received from the flats.
The self contained and double glazed accommodation comprises:
FLAT 1 – Kitchen/Lounge; double Bedroom with ensuite.
FLAT 2 – Lounge/Bedroom; Kitchen; Bathroom.
FLAT 3 – Kitchen/Lounge; Bedroom with ensuite.
The accommodation is let giving an extra income of £16,800 per annum.
Our Client Informs Us That:
Takings and Profitability:
Retail takings are around £4,200 per week with the usual high gross margins associated with the trade.
12.00 midday – 9.00pm Monday to Saturday.
Closed Sundays and bank holidays.
Leasehold. Held on a 25-year lease from 2002, with 3 yearly reviews, at a present rent payable of £16,000 per annum for the business and accommodation flats.
PLEASE NOTE: There is incoming rental income of £16,800 per annum from the flats. Thus earning a net rental income of £800 per annum.
£89,950 plus stock at valuation for the lease, business, fixtures and fittings.
Izakaya style Bar & LoungeWell positioned in Birmingham City CentreThree Karaoke RoomsT/O circa £4,000 Net ...More Details
Prominent location45 cover RestaurantT/O Y/E 2015 - £213,522 Net of VATHighly populated area3 Bed Owners ac...More Details
Fish and Chip shop with quality food being served. Very good reputation. Run by husband and wife team, a...More Details