Location
The business is located on Fowler Street which is one of the main roads leading into the town centre. The new public transport interchange is nearby and the immediate area is a mixture of retail, office and leisure occupiers.
Business
This is a highly reputable and profitable opportunity with further potential for new owners. This traditional pizza takeaway has been in our clients’ ownership since 1990 but is now placed on the market as they wish to retire.
The business is located within the town centre confines so enjoys the benefit of the walk-in night-time trade from the town’s leisure district but can also service the general delivery requests via easy access to the main roads. The business is not currently traded hard and there is potential for new owners to drive sales by extending the hours. The business has only recently joined the online platform "Just Eat".
Whilst the business has built its reputation on pizza, the menu also incorporates kebabs and burgers but in all cases the quality of the product is paramount. There is a bespoke dough proving room installed and service is protected through consistent working practices. The unit is in excellent order throughout and the fixtures and fittings are of the highest standard and calibre.
Property
Comprises a mid-terraced two storey property of traditional brick construction;
Ground Floor:
Front Shop circa 290 sq.ft. (27 sq.m.).
Open Kitchen circa 180 sq.ft. (17 sq.m.).
Preparation Area circa 160 sq.ft. (15 sq.m.).
Staff Toilets
First Floor:
Stores circa 160 sq.ft. (15 sq.m.).
Office circa 65 sq.ft. ( 6 sq.m.).
External
Rear Yard Delivery and Wash Area.
EPC
Rating - C.
Trading Hours
Sun – Thur closed
Friday 4.00pm – 4.00am
Saturday 4.00pm – 4.00am
Staff
The business is operated by 2 family members and with 12 additional staff.
Services
Mains electricity, gas, water and sewerage services are connected to the property.
Tenure
A new FRI lease is available for a term to be agreed. Rent £15,600 per annum (£300 per week) and the ingoing tenant would be responsible for the landlord’s reasonable legal costs in the creation of a new lease. Business price £95,000.
Rates
Rateable Value £8,600
Rates free incentives are available subject to status.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
