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The Fireball Pizza Co, 8 Chatterton Road, Bromley, BR2 9QN

Offers in Excess of
£25,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Restaurant for sale

Key features

  • LEASEHOLD Restaurant with trade area hosts 50+ covers
  • Fully electric commercial kitchen
  • Established takeaway trade
  • Class E Premises Licence
  • 1 mile from Bromley Town Centre
  • 120 square meters, Energy Rating B
  • Christie & Co Ref: 2460415

Description

LEASEHOLD

Description

Fireball Pizza is an attached, single storey, flat roof restaurant on a parade of shops in Chatterton Road, Bromley. The restaurant entrance has a takeaway section before leading down, past the bar and pizza oven to the restaurant. Toilets and kitchen, which has recently had its 5 star hygiene rating reviewed, are based at the rear. The business opened in 2015 and has built up a loyal customer base over the last 10 years, evident in the strong reviews on Trip Advisor (4.5 Stars) and Google (4.8). The business is unique with its local offering, family friendly, achieves good GP's and an established takeaway trade, used by locals in the immediate and surrounding villages. The restaurant benefits from 3 phase electric and is heated via a gas boiler. There is free parking on Chatterton Road after 18:30 weekdays and all day Saturday and Sundays.

Location

Fireball Pizza is located on a parade of retail and hospitality units on Chatterton Road, Bromley. This area is a vibrant part of Bromley with a variety of local businesses, amenities, and residential properties. The area is characterised by its neighbourhood feel, with several local shops, cafes, and other eateries nearby. Fireball Pizza is conveniently located for locals and visitors alike offering a cosy spot for dining with a reputation for quality Pizza. Fireball Pizza is a short walk from Bromley South Station, Town Centre, and several bus routes.

Internal Details

- Bar servery which includes pizza oven and takeaway bay seating
- Boothed seating along right hand wall on route to restaurant
- Open plan restaurant area with large skylight.
- Bin store area to the left of the restaurant.
- W.C.s including disabled toilet and baby changing facilities
- Electric commercial kitchen with extraction and walk in fridge at the rear.

Fixtures & Fittings

All trade fixtures and fittings in the property are included in the sale with the sale with the exception of the tills which are leased.

The Opportunity

There is a clear opportunity to expand the opening hours at the restaurant. The business focusses on key sessions and takeaway as is the owner?s preference however, expanding the retail offering would lead to opportunities for trade in other sessions. While there is a strong takeaway trade, the restaurant does not currently subscribe to any delivery companies which would expand their reach beyond the immediate local area. Like many of the neighbouring properties, there is also potential for external seating at the front which would provide an opportunity for al fresco dining on the Chatterton Road.

Staff

The proposed purchaser will be required to offer continuity of employment in accordance with the Transfer of Undertakings (Protection of Employment) Regulations. Prospective purchasers should complete their own enquiries and due diligence to satisfy themselves as to the rights, contracts and obligations that may run with the Property and business, and also the registrations, licences, permits and certificates required to trade.

Trading Information

Trading information provided show that as of 30/04/2023, the business generated an annual turnover of over £250,000 net of VAT. Full Trading Profit and Loss Accounts will be made available to seriously interested parties on request after a formal viewing of the business has been undertaken.

Trading Hours

The opening hours of the premises are as follows:

Tuesday to Wednesday 5-9pm (Takeaway only)
Thursday to Saturday 5-10pm

Licensed opening hours:

Monday to Saturday: 10am - 11pm
Sunday: 10am - 10pm

Tenure

The property is available for freehold purchase or alternatively, on a fully repairing and insuring lease for a term of 10-20 years, contracted in to the landlord and tenant act 1954. Our client is looking for an annual rent in excess of £25,000 per annum, which will be reviewed every 5 years. A 3 month rent deposit and a minimum of two personal guarantees will be sought by the landlord.

Business Rates

The VOA lists the property as a restaurant and premises with a rateable value of £12,250 from April 2023. The local authority is Bromley Council.

Energy Performance Certificates

EPC 1

Brochures

The Fireball Pizza Co, 8 Chatterton Road, Bromley, BR2 9QN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bickley Station0.7 miles
  • Bromley South Station0.9 miles
  • Bromley North Station1.3 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 2460415lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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