Takeaways (Other) for sale in Kettering

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Pizza & Kebab Takeaway With Accommodation

Kettering, Northamptonshire, England

  • Leasehold Price: £79,000  Price Reduced arrow_drop_down
  • Annual Turnover: £195,000
  • Annual Gross Profit: £135,000
Seller Reference: 6797
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Business Description
 
 
 
 
 
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Seller Reference: 6797
Request Details
Business Description
Main Road Trading Position Established in 1992
Projected Annual Turnover (2019/20) £195,000
Projected Gross Profit (2019/20) £135,000
Financial Information After Viewing
5* Star Food Hygiene Rating
Free Parking Available, Close To Large Multiples
Rental Income From First Floor
Scope To Introduce Lunch Time Trade
Opportunity New Delivery Areas, Extend Opening Hours
Good Public Transport Links
Retirement Sale
EPC – F
REF 6790 – Leasehold Takeaway & Accommodation

Blacks Brokers are pleased to bring to the market this leasehold takeaway and accommodation located in the town centre of Rothwell, Kettering.

INTRODUCTION

Jess's Kebabs & Pizza was established in 1992 and initially was a mobile unit. Due to huge success and significant growth, the business moved to this building in 2003. Our client has established a large base of regular customers and an excellent reputation with a five star hygiene rating and superb reviews are noted on Google, Facebook and Trip Advisor.

LOCATION

The business occupies a prime main road trading location in the village of Rothwell, a five minute drive from the large town of Kettering in Northamptonshire. The village has a busy centre with great amounts of footfall. The area is predominantly residential and offers a large and loyal client base for the business. The area is well linked by the A14 with strong public transport links and free parking is available close by.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE INFORMATION

The building is available on a competitive rate on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a fifteen year lease which began in 2018 at a cost of £154 per week. We are advised that the landlord is happy to transfer the lease to a new owner.

STAFF

The business is currently operating with four members of staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS

Jess's Kebabs & Pizza has traded well during an impressive history since 1992. We are advised that the business currently has a Projected Annual Turnover (2019/20) £195,000 and a Projected Gross Profit (2019/20) £135,000. 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 on a busy main road and has the added bonus of first floor accommodation which may be used by a new owner occupier or sub let. There is plenty of scope to develop the business further with the introduction of a new delivery round in the neighbouring town of Kettering – a strong marketing drive could be very beneficial for this to progress. There is also potential to offer lunchtime opening and new opening days as the business is currently trading across five business days. 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:
Donner Machine

Kebab Machine Slicer

Griddle

Charcoal Grill

4 Pot Bain Marie

Chip Fryer

Counter Top Fridge x 2

Large Drinks Fridge

Pizza Oven

Conveyor Belt Pizza Oven

Chest Freezer With stainless Steel Top

Small Fridge

Extraction System

Kitchen

Large Stainless Steel Fridge

Large Stainless Steel Top Chest Freezer x 2

Sink

Shelving

Chest Freezer In Storage Room and Large Stainless Steel Fridge
Trading hours:
MON & TUE: CLOSED WED & THU: 17:00 - 23:00 FRI & SAT: 17:00 - 00:00 SUN: 17:00 - 23:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
The business operates from the ground floor of a two storey, end terraced property. The accommodation is within the first floor and has a separate entrance. Jess's Kebabs & Pizzas is well branded with large signage displayed above a mainly glazed and branded frontage. Inside, the main servery area is well presented with large counter to the right and fully equipped commercial kitchen to the rear. There is also a small storage area and staff toilet facilities.

The first floor of the property comprises of two bedrooms, one of which is used for storage by the business owner (this is accessed separately to the rest of the flat), domestic kitchen, bathroom and large lounge. This generates income of £110 per week which covers much of the entire lease cost.

Location Details:
Kettering
Leasehold Term:
£154 Per Week
Listed by:
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