Takeaway for sale

Lawnswood Road - DY8

£100,000

Property Description

Commercial information

  • Business for sale

Key features

  • 2 bed flat accom/rental income
  • Reluctant sale due to ill health
  • On a parade of shops, with parking
  • Great potential for growth

Full description

Tenure: Leasehold

DESCRIPTION
The property is located in Stourbridge on a parade of shops that enjoys a high level of foot fall as well a passing traffic. Surrounding the property is a residential area and benefits from easy access and off road customer parking at the front of the shop.

The business is 5 star catering with a Food & Hygiene award offers customers a made to order sandwich bar and deli. There is a wide range of filling on offer and all prepared to the customer’s requirements. The business also does occasional buffets but this side of the business has not been fully marketed. The business currently turns over £2,500 pw and has great potential for buffets and outside catering to be introduced, and run a sandwich round to the local area which could be marketed within the local area.

The business has a self contained 2 bedroomed flat located on the first floor that could either be lived in by the new owner, or rented out for an additional income.


Sales
Currently average £2,500 approximately.
Income from flat- £395pm

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday — Saturday 07:00 — 15:00

STAFF
Managed by the owners with full/part time staff.

Building External
The very well presented mid terraced 2 storey property has 1st floor self contained private accommodation, as well as off road customer parking.

BUILDING INTERNAL
The very well presented retail area profits from 6 covers, and a large glass fronted display chiller with a preparation area along the back wall. The good sized kitchen area complete with storage and staff area is to the rear of the property.

RESIDENTIAL ACCOMMODATION
This part of the property has not been inspected but we are advised by the owner that it comprises of 2 double bedrooms lounge, kitchen and bathroom.

TENURE
We are advised that the property is held on a 15 year lease which commenced in 2008. The annual rent is £14,000 exclusive (correct as advised on 26/05/10). Rent reviews are at 3 yearly intervals.

SUMMARY
A very well presented and equipped business in a great location with potential to increase the turnover further. We are informed a well presented and good sized private accommodation making this a great business for someone looking for a change of life style.


Nearest stations

  • Stourbridge Town (2.3 mi)
  • Lye (2.9 mi)
  • Stourbridge Junction (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Stourbridge Town (2.3 mi)
  • Lye (2.9 mi)
  • Stourbridge Junction (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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