Italian Pasta Takeaway Located in Birmingham City Centre

  • Leasehold Price: £159,950
  • Weekly Turnover: £6,500
Birmingham, West Midlands, England
Seller Ref:11254
For Sale

Italian Pasta Takeaway Located in Birmingham City Centre

Birmingham, West Midlands, England
Seller Ref:11254
  • Leasehold Price: £159,950
  • Weekly Turnover: £6,500

Description

The takeaway has been established since 1996 and operates from a super location in Birmingham City centre opposite New St Station with a very high footfall. Gross takings average around £6,500 per week with the usual high gross profit margin operating 10am to 10pm 6 days per week (closed on Sundays). The business which is mainly takeaway with very few deliveries and some interior seating serves pasta paninis ciabatta baguettes sides salad boxes jackets desserts and drinks all prepared fresh each day. The premise is secured on a 5 year lease with a rent of £33,000 per annum inclusive of VAT and briefly comprises ground floor sales area with some seating and kitchen area and to the first floor further kitchen and storage area with toilets in the office building next door. Over £100,000 has been spent on fitting out the property with brand new commercial kitchen products in the last couple of years. The business is run by a husband and wife team with 4 part time staff. There is a service charge of £1,000 per annum and the business has a 5 star hygiene rating. This is an absolute quality business operating to a very high standard with the latest commercial equipment being sold due to the owners moving abroad.

Leasehold Terms:
The lease is for 5 years with approximately 3 years remaining and a rent of £33,000 inclusive of VAT. The lease is secured under the landlord and tenant act and fully renewable at the end of the term
Trading Hours:
10am to 10pm Monday to Saturday
Number of Employees:
4
Support and Training:
Full support and training will be given to any new owner
Location Details:
Located in the City centre in a very busy location opposite New St Station
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

Listed By:

If this business isn't quite right for you, click 'Show Similar Results' for others you may be interested in. If this is for you, enter your details below to enquire today, we'll show you more suggestions once you've sent your enquiry to this seller.

Show Similar Results

Schedule a Tour

Your information

Find out more about this business opportunity

Your Personal Details * Required Field

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?
You must agree before submitting.

Similar Listings

Find out more about this business opportunity

Compare listings

Compare
Send Enquiry