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COMMERCIAL

Sutton Coldfield, B74

£1,583 pcm
£19,000 pa
Spectra Property Services, Kings Heath

Letting details

Let available date:
Now
Let type:
Long term
Furnish type:
Furnished
PROPERTY TYPE

Restaurant

SIZE

Ask agent

Key features

  • BUSINESS FOR SALE FOR £45,000
  • PASSING RENT £19000 PA

Description

Opportunity to Purchase: Established Chinese Takeaway in Sutton Coldfield for £45,000

Presenting a golden opportunity to acquire a prosperous Chinese and Fish & Chips takeaway,  situated in Sutton Coldfield. This sought-after business has created a unique space in the culinary scene with a loyal customer base, offering a diverse menu of traditional Chinese dishes and beloved Fish & Chips.

Takeaway operates six days a week, from Tuesday to Sunday, with operating hours from 15:30 to 22:00 or 22:30, while being open on all bank holidays. Mondays are reserved for rest and preparation for the following week.

Ordering is a breeze with multiple options available - customers can call, visit in person, or place an order on the user-friendly website. Business accommodates both cash and card payments, with card transactions securely processed through our website.

This business sale, at an asking price of £45,000, includes on location all kitchen and restaurant equipment, digital assets, including our online presence and customer base, and the exclusive recipes that make the Takeaway restaurant a favourite in the community.

The current passing rent is £19,000 per annum, with a lease term of 20 years since April 2022. Thus, the remaining lease term is approximately 18 years and 8 months, providing ample time for the new owner to fully capitalise on this investment. The next rent review will occur in April 2027, with rent reviews scheduled every five years. 

There are also annual service charges, currently fixed at £1,400, covering essential maintenance and services.

The current owners are committed to facilitating a smooth transition, offering support and guidance to the new proprietor to ensure the ongoing success of the restaurant. 

This is an exciting opportunity for a dedicated and passionate entrepreneur or a business veteran to take over an already thriving establishment. Youre invited to get in touch for further details or to arrange a viewing.

Act promptly to secure your place in a rich culinary heritage with this Takeaway Restaurant, and continue to offer the finest traditional Chinese and Fish & Chips takeaway experience.

Energy Performance Certificates

EPC

Sutton Coldfield, B74

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Butlers Lane Station2.4 miles
  • Four Oaks Station2.5 miles
  • Sutton Coldfield Station2.6 miles

About the agent

Spectra Property Services, Kings Heath

281 Vicarage Road, Kings Heath, Birmingham, B14 7NE

Welcome to Spectra Property Services,

Here at Spectra Property Services, what we aim to achieve is every time we interact with our client's we provide a WOW experience like no other in terms of our professional approach and our company standards. Whether you're on a viewing with our agents, or having a meeting in our offices we will always ensure your experience was one to remember. Our slogan is to "Listen, Act and Deliver".

Spectra Property Services is an independent Estate Agen

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Notes

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Disclaimer - Property reference spectra_357547446. 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 Spectra Property Services, Kings Heath. 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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