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The Street, Marham, PE33

Guide Price
£59,950

Business rates & charges may apply

Belton Duffey Commercial, Norfolk
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Takeaway for sale

Description

*TAKEAWAY BUSINESS FOR SALE*  An excellent opportunity to acquire a long-established and successful hot food takeaway business, which has been operated by the same family for approximately 25 years and is now offered for sale due to retirement.

The business has built up an excellent reputation within Marham and the surrounding villages and benefits from a strong and loyal customer base, including customers associated with the nearby RAF Marham military base.

The business currently operates on a collection-only basis, with no deliveries and no reliance on Just Eat or other food delivery applications, meaning no commission is currently lost to third-party delivery platforms.

The premises are well maintained and provide a good amount of space, including additional preparation and storage areas. The business is currently operated for relatively limited hours over five days per week, providing an incoming owner with considerable potential to increase opening hours, introduce deliveries and online ordering, and further develop turnover.

Marham is a popular and well-established West Norfolk village, best known as the home of RAF Marham, one of the area’s largest employers. The substantial RAF base provides a significant and consistent potential customer base, including service personnel, their families and associated workers.

The village has a good range of local amenities and benefits from relatively limited commercial competition, providing an excellent opportunity for businesses looking to establish themselves within a strong local catchment.

Marham is conveniently situated approximately 10 miles from King’s Lynn and 8 miles from Downham Market, both offering a wider range of shopping, leisure and commercial facilities. The village is also well placed for access throughout West Norfolk and the surrounding area.

Borough Council King's Lynn & West Norfolk, King's Court, Chapel Street, King's Lynn, Norfolk, PE30 1EX.

RATES - The current owner is exempt from business rates - We advise interested parties to check direct with the Borough Council of King's Lynn & West Norfolk.

It is recommended that interested parties check direct with the Borough Council of King's Lynn & West Norfolk as small business rates may apply.

EPC D.

The tenant to pay their own electric, and water is billed by the landlord, LPG gas and private sewerage which the owner currently pays 2 payments of £70 each (£140 per annum).

KEY FEATURES

• Established for approximately 25 years under the same family ownership.
• Retirement sale offering an excellent opportunity for a new owner.
• Excellent local reputation with 4.8/5 Google reviews and 5/5 Facebook reviews.
• Consistently high standards with a 5-star food hygiene rating for over 10 years.
• Located in Marham, Norfolk, with the business stating a catchment of approximately 15,000 residents within 5 miles.
• Strong customer base from RAF Marham and the surrounding villages.
• Limited local competition, with the current owners advising there are only 3 other takeaway businesses within approximately 5 miles.
• Hot food takeaway use already established, which may be particularly attractive given the difficulties that can sometimes be associated with obtaining planning permission for new hot food takeaway uses.
• Currently trading just 5 days per week.
• Existing licence allows for 6-day trading and longer opening hours, offeri...

TERMS

The price is for the goodwill, fixtures and fittings of the established business, subject to contract and inventory.
The business is being sold with a new long length lease with the rent: for the premises is £13,000 per annum.

Brochures

The Street, Marham, PE33

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Watlington Station6.5 miles

About Belton Duffey Commercial, Norfolk

12 - 16 Blackfriars Street, King's Lynn, PE30 1NN

Click here to go to our Fakenham office.

Click here to go to our Wells-next-the-Sea office.

Notes

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