Home :: Search :: Results :: Detailed View

Manchester. M25 1af

Property Details
Agent Ref No: 0023
Category: For Sale
Business for Sale
Business Type: Food
Offer Type: Offers invited
Price: £9,000.00
Rent: £10,400.00 per annum
Yield: Not Applicable
Further Property Details
Date Listed: 2012-05-02
Size:
Tenure: Leasehold
Min Rental Size: Not Applicable
Property Status: Vacant Now

B2B Commercial Mortgage Quotes

B2B
  • Up to 80% LTV
  • Rates from 1.5% over base
  • Borrow from £50k - £40m
  • NO BROKER FEE!

Description

Urban Locks Business Sales are delighted to offer to the market this Busy, refurbished, modern Italian Takeaway in the Prestwich Town centre. Situated within a parade of shops with an excellent main road trading position, the Takeaway is surrounded by a variety of complementary pubs, Bars, Restaurants & retail outlets, aswell as being a densely populated residential area.

Urban Locks Business Sales are delighted to offer to the market this Busy, refurbished, modern Italian Takeaway in Prestwich Town Centre, Manchester.

Situated in Prestwich town centre, the Takeaway enjoys a prominent main road position, complimented by a variety of other businesses including bars, pubs, Restaurants and retail outlets. Aswell as being a densely populated residential area surrounding the takeaway, its position offers fantastic scope and lends itself well, to passing trade as well as local repeat custom.

Having only been established since December 2010, the current owner has had to return to Italy due to family commitments.
Therefore the business has recently closed during July 11.
The recent turn over was aproximately £1000 p/w and rising.

The Takeaway offered a wide variety of Italian cuisine aswell as burgers, Kebabs, sundries and desserts. There was also a delivery service available within a 4 mile radius.

The shop itself is 2 storeys, on a 9 year lease with 8 years remaining.

Having been fully refurbished during december 2010, it has a fresh modern feel to it and comes with an array of brand new stainless steel fixtures and fittings and a brand new gas safety system that is still under warranty.

The Ground floor is fully open plan with a shop / waiting area to the front, new modern counter / till point, preparation area and a new, modern stainless steel kitchen area. There is also a downstairs w/c and access to the rear yard.

On the 1st floor there are two spacious rooms that are currently used for further preparation.

The Takeaway traded 6 days per week from 4pm until late.

We believe this to be a great opportunity for a motivated, new owner to build upon, by introducing longer trading hours aswell as further dishes. The business has been priced to achieve maximum interest.
Early viewing is strongly recommended.

The brand new stainless steel fixtures, fittings and kitchen ware are included in the sale and consist of;


Stainless Steel Extractor
Glass fronted drinks chiller
Pizza preparation cooler trolley
Gas Fryer
Six ring gas cooker & seperate Electric grill
2 x Preparation tables
Gas safety system (still under warranty)
Dough machine
Meat Slicer
2 x fridges and a Freezer
Soup & Chip warmer

We have been advised that the above is included in the sale price and cost the current owner over £20,000.

RECENT TURN OVER ADVISED WAS - £1,000 p/w,
Gross profit - 60%
Lease - 8 years remaining - £200 p/w
RATES - TBC
SALE PRICE - £9,000 INCLUDING ALL FIXTURES AND FITTINGS,
* Viewing strictly by appointment with Urban Locks Business Sales *