1 bedroom takeaway for sale

Walsall Road, West Bromwich,West Midlands, B71

76 sq. m. | £104,950

Property Description

Commercial information

  • Business for sale
  • 818 sq ft (76 sq m)

Key features

  • REF: 2317
  • LEASEHOLD

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market this popular takeaway business in the busy town of West Bromwich, West Midlands. The business was established in 2002 and has been in our client`s careful ownership since 2003. Only now is the business being offered to the market due to our client`s desire for a change of career. The business operates 6 evenings a week and generates a turnover in the region of 234,000 per annum, with a gross profit of approximately 66%.

Our client offers a range of hot takeaway food including a wide range of pizzas, wraps, burgers and meal deals, as well as a local delivery service. We are advised that 70% of the trade is from the local delivery service. The business has built up an enviable reputation within the area for the high quality of the food and services offered, which has resulted in a very loyal client base with a high volume of repeat trade and word of mouth referrals. The property is well-maintained and presented to a very high standard, as well as benefitting from a first floor flat, which could be used as owners' accommodation or let out to generate further income.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening 7 days per week, as well as opening at lunchtimes. The business would also benefit from a small marketing campaign to promote the business and the services offered. A new owner could also launch a website for the business to advertise the goods offered. This is an excellent opportunity for a new owner to take this popular and thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.


LOCATION
The shop occupies substantial two-storey premises, ideally located in a prominent trading position in West Bromwich, West Midlands. The business is located on the very busy Walsall Road and is surrounded by a wealth of complimentary shops and businesses; therefore benefitting from a vast amount of footfall and passing trade. The business further benefits from good parking facilities within the area. West Bromwich is the largest town within the Metropolitan Borough of Sandwell, in the West Midlands, and has a population of 75,405 residents, according to the 2011 census.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is approximately 1 mile away. The area is also well served by the A-roads, with the business being located on the A4031, which links to the vast A-road and motorway networks. Wolverhampton is approximately 9 miles away and Birmingham is 10 miles away.

PREMISES
Two-storey, mid-parade premises, briefly comprising:

Ground floor with:

Tiled walls and flooring.
Light box menu boards.
Full width counter servery with EPOS system.
2 x double chiller units.
Dough press.
Salad bar.
Stainless steel shelving system.
Twin deck Blodgett pizza oven.
Stainless steel extraction system.

To the rear:

Walk in refrigerator.
Walk in freezer.
Double stainless steel sink unit.
Pressure fryer.
Double deep fat fryer.
Microwave oven.
Store room.
WC.

First floor self-contained flat with:

Lounge.
Bedroom.
Kitchen.
Bathroom.

External:

Large forecourt.
Electric security shutter doors.
Free on-street parking.

TENURE
We are advised Leasehold:

New lease to be negotiated.
Rent: 9,600 per annum.

HOURS
The business is open:

Monday: 5.30pm - 12.00am
Tuesday: Closed
Wednesday - Sunday: 5.30pm - 12.00am

STAFF
The business is owner run and managed with family members and delivery drivers.

FINANCIAL PROFILE
The business generates a turnover in the region of 234,000 per annum, with a gross profit of approximately 66%.


Nearest stations

  • Tame Bridge Parkway (0.6 mi)
  • Bescot Stadium (1.2 mi)
  • Swan Lane (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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

  • Tame Bridge Parkway (0.6 mi)
  • Bescot Stadium (1.2 mi)
  • Swan Lane (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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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