Takeaways (Other) for sale in Newport Pagnell

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Established Takeaway in Newport

Newport Pagnell, Milton Keynes, England

  • Leasehold Price: £110,000  Price Reduced arrow_drop_down
  • Annual Turnover: £364,000
Seller Reference: 6646
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Business Description
 
 
 
 
 
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Seller Reference: 6646
Request Details
Business Description
Residential Trading Position
Projected Annual Turnover £364,000
Extensive Equipment
Excellent Reputation
Close To Local Pub
Neighbouring Tesco Opening Soon
5* Food Hygiene Rating
Owner Operated/No Staff
Free Parking
Delivery Service In Place
Scope For Expansion Into New Cuisines
EPC - C
REF 6646 – Leasehold Takeaway

Blacks Brokers are pleased to bring to the market this leasehold takeaway located in a busy area of Newport Pagnell, Buckinghamshire.

INTRODUCTION

Takeaway 4 U has been trading on Elthorne Way since 2013 with our client in ownership since 2017. The business is well known and has a good reputation in the area with a large base of regular customers and a five star hygiene rating. Our client has set up a comprehensive website with ordering system which is popular with regular customers and the business offers delivery throughout the Milton Keynes apart from Bletchley area. There are a number of good reviews noted on Just Eat and Google.

LOCATION

This business is positioned within a well populated residential area with parking available immediately outside. The area is well linked by the M1 and A509 with superb public transport links and Milton Keynes Central within a short drive. Neighbouring businesses include a local pub and a Tesco Express is currently under construction.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s family commitments and lack of time, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a competitive rent on an External Repair Only lease. The current lease is a twenty year lease which began in 2006 at a cost of £385 + VAT per week.

BUILDING LAYOUT AND DESIGN

Takeaway 4 U operates from a spacious, single storey property with large patio area to the front. The business has striking branding displayed above a fully glazed frontage. Inside, the business is modern and well presented with tiled waiting area and large servery counter fitted with display ovens and till point. There is a preparation area and kitchen to the rear with excellent fixtures and fittings throughout, this includes pizza oven, two kebab rotisseries, stainless steel preparation units, range, potato chipper and much more. All areas have been finished well.

STAFF

The business is currently operating with our client and two partners in full time employment.

FINANCIAL DETAILS

Takeaway 4 U has traded well during since opening. We are advised that the business currently has projected annual turnover of £364,000. This is the figure since our client took ownership in 2017. Full financial details are available upon viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business occupies a superb trading position within a busy residential area with good transport links to maintain a large customer base. There is plenty of scope to develop the business further with the introduction of a new menu, marketing campaign and a stronger online and social media presence. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Drinks Fridge x 2

Heated Display Counter

Salad Display Fridge

Hopkins 3 Pan Range

Till

Toaster

Kebab Rotisserie x 2

Grill

Pizza Oven

5 Stainless Steel Work Tables

Stainless Steel Sink

Potato Chipper

Potato Peeler

Commercial Dough Mixer

Commercial Dough Slicer

Microwave x 2

Walk in Fridge

Walk in Freezer

Freestanding Fridge x 2

Freestanding Freezer x 1

Bain Marie

Remote Control Roller Shutter to Front and Rear

CCTV

Cook Tek Delivery Bag Warmer

15 Delivery Bags

Extraction System To Front & Rear

Gas Tandoori x1

Fastron Southern Fried Chicken Cooker

Shelving

Large Steamer Machine
Trading hours:
MON - THUR: 12:00 - 23:00 FRI & SAT: 12:00 - 00:00 SUN: 13:00 - 23:00
Tenure:
Leasehold
Location Details:
Newport Pagnell
Leasehold Term:
£385 Per Week + VAT
Listed by:
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