Takeaways (Other) for sale in Blackburn

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Freehold Takeaway & 3 Bed Accommodation, Blackburn

Blackburn, Blackburn with Darwen, England

  • Freehold Price: £199,950  Price Reduced arrow_drop_down
  • Leasehold Price: £30,000
  • Annual Turnover: £82,374
  • Annual Gross Profit: £62,859
Seller Reference: 6596
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Business Description
 
 
 
 
 
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Seller Reference: 6596
Request Details
Business Description
Busy Main Road Trading Location
Profit & Loss Year End 31st Dec 2017
Annual Turnover £82,374
Gross Profit £62,859
Accounts Available After Viewing
Close To Large Multiples
Spacious End Terraced Property
Well Presented & Equipped
3 Bedroom Accommodation
Five Star Food Hygiene Rating
Huge Potential To Introduce JustEat Etc.
Closed Mondays & Sundays
Potential To Increase Trading Hours
Retirement Sale
EPC - E
REF 6596 – Freehold Takeaway and Three Bed Accommodation

Blacks Brokers are pleased to bring to the market this freehold takeaway and three bedroom accommodation located in a densely populated and busy area of Blackburn, Lancashire.

INTRODUCTION

Pizza Italia has been trading for over 33 years with our client in ownership since 1985. The business has a large base of regular customers and a superb reputation with excellent reviews noted on Google, Trip Advisor and Facebook. The property also has a nicely presented, three bedroom accommodation within the ground and first floor with a separate entrance.

LOCATION

Set on busy main road, opposite Sainsbury’s local store the business is approximately one mile from Blackburn town centre, and only two miles from the M65 motorway. This is a busy area with a combination of both residential and commercial properties nearby. Public transport links are excellent and free parking is available immediately outside the shop.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but our client is looking to retire. Therefore, 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.

STAFF

The business is currently operating with our client and partner working on a full time basis supported by one part time member of staff.

FINANCIAL DETAILS

Pizza Italia has traded solidly during the last 30+ years. The accounts for year ending 2017 show annual turnover of £82,374 with a gross profit of £62,859. 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 freehold business and property offers a range of opportunities for a new owner from full owner occupation to part or full rental of both the business and residential areas within the property. The property is positioned in a much sought after area and the business is long established. There is plenty of scope to develop the business further with the introduction of longer opening hours to include lunchtimes and seven day opening, with permission and licencing. There is also potential to create a new online and social media profile and offer a delivery service with websites such as Just Eat and so on. This proposition could suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations, however it may also be of interest to an investor looking to rent out the property. Early viewings are strongly advised. Fixtures:
2 Double deck pizza ovens

6 Ring gas oven and burner

Refrigerated pizza counter

Walk in fridge

3 Dough mixers

Flat screen TV
Trading hours:
Mon - Closed Tue - 4pm - 9.30pm Wed - 4pm - 9.30pm Thur - 4pm - 9.30pm Fri - 4pm - 9.30pm Sat - 4pm - 9.30pm Sun - Closed
Tenure:
Leasehold, Freehold
Is accommodation included?:
Pizza Italia operates from the ground floor of a spacious, end terraced building that was once three smaller properties. The business is well branded with large, Italian themed signage on display above a mainly glazed frontage which is fitted with electric roller shutters. The accommodation entrance is to the left of the business. Inside, the main customer waiting area and servery area is presented well. The counter and preparation area is positioned to the right side and is fitted with two double deck pizza ovens, three dough mixers, refrigerated pizza counter and much more. To the rear of the shop there is a separate kitchen which is again very well equipped, and an additional preparation space. There is a large basement with two separate storage areas, one with cold room, and a small bathroom. Pizza Italia operates from the ground floor of a spacious, end terraced building that was once three smaller properties. The business is well branded with large, Italian themed signage on display above a mainly glazed frontage which is fitted with electric roller shutters. The accommodation entrance is to the left of the business. Inside, the main customer waiting area and servery area is presented well. The counter and preparation area is positioned to the right side and is fitted with two double deck pizza ovens, three dough mixers, refrigerated pizza counter and much more. To the rear of the shop there is a separate kitchen which is again very well equipped, and an additional preparation space. There is a large basement with two separate storage areas, one with cold room, and a small bathroom.
Location Details:
Blackburn
Leasehold Term:
£385 Per Week
Listed by:
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