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Takeaway for sale

High Street, Middlesbrough, Cleveland, TS6

£40,000
140 sq. m.

Property Description

Commercial information

  • Business for sale
  • 1,506 sq ft (140 sq m)

Key features

  • LEASEHOLD
  • Ref 13306A

Full description

Tenure: Leasehold

LOCATION
Burgers & Pud's is situated in the busy Eston Square which is central to a large number of households and businesses making it a perfect location for a food outlet. The business is located on the main thoroughfare within the town centre, surrounded by a plethora of independent and high street retail outlets, eateries, pubs and town centre amenities ensuring a constant and high footfall in the area.

The business benefits from a bus stop and loading bay/parking directly to the front and parking within the town centre. Eston is located on the outskirts of Middlesbrough and is served by the A174 and has a good public transport links and is very close to major conurbations such as Bankfields, Whale Hill, Grangetown, Redcar, Marske, Wilton, Normaby, Ormesby, Park End as well as Middlesbrough town centre.

BUSINESS
Hilton Smythe welcomes to the market Burger & Pud's.

Burger & Pud's is a brand new concept opened in October 2017 by the current owner. The business has enjoyed fabulous success in the short period it has been opened and is set to grow even further.

Burgers & Pud's offers Restaurant Quality Gourmet Burgers and Desserts for delivery across a wide geographical area in TS Postcodes.

The business opened trading as a 5 day operation, closing Monday and Tuesdays, the opportunity to extend and fine tune the opening hours exists allowing for further growth.

The emphasis of the business is delivering a very high quality product at a premium price which generates a higher gross profit consistently. There is a very strong team in place, all trained in Food Hygiene and understand the product offer very well.

This leasehold premise occupies a prime trading location and is very well-appointed to suit the trade with a high level of equipment installed. The shop was completely refurbished in October 2017 and all equipment is in perfect working order and the site enjoys a brand new extraction system, This presents a turnkey opportunity with no further capital outlay required and there is an extensive opportunity to increase the menu offer.

This excellent opportunity arises due to our clients' other business interests and is competitively priced for a quick sale.

PREMISES
Good vibrant signage on the outside, windows and interior counter.

The interior is very stylishly decorated with a very nice ambient feel, very fashionable lighting and furniture is also included all of which is brand new.

The shop front comprises of a seating area and multi deck dairy cabinet and leads to the serving area with full Epos till which has Hersheys Ice Drinks machine and Popcorn Machine behind the counter.

Behind the serving area is an open plan kitchen, fully equipped with:-

Brand new chargrill,
Gas fryers,
Chip scuttle,
Bain Marie,
1 x upright stainless steel commercial fridges,
1 x under counter stainless steel fridge,
1 x upright freezer,
1 x under counter freezer,
Soft drinks fridge,
Commercial ice cream machine,
Commercial microwave oven,
All other necessary equipment to suit the trade.

We are advised all in good working order.

To the rear is a large storage area, staff toilet and rear exit to a yard.

TENURE
We are advised leasehold.
The original lease length is 25 years
As of 2018, 21 years remain on the lease.
Rent is 15,000 per annum.

HOURS
The business currently opens as a 5 day operation, closing Monday and Tuesdays.

The opportunity to extend and fine tune the opening hours exists allowing for further growth.

STAFF
To be advised.

FINANCIAL
The business is currently generating an average weekly taking of circa 2,500 weekly.


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