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Cafe Takeaway And Catering Business In Halesowen For Sale

Halesowen, West Midlands, UK
Freehold Price:
£275,000
Leasehold:
£75,000
Turnover:
£156,000
Net Profit:
Under £50K

Well established café takeaway and catering business for sale superbly located on the busy A458 Stourbridge Road with ample customer car parking. The business has been in the present owners hands for the last 20 years and selling now due to retirement. Gross sales average £3,000 per week with a 50% gross profit yield. The majority of the income comes from takeaways in the shop but the business also has two vans that deliver Monday to Friday at regular spots. Also the business caters for funerals christening parties etc. It is operated by the owners with 4 part time staff and operates 7.00am to 2.00pm Monday to Friday. The property comprises front sales area with rear kitchen/preparation area store WC and cellar and outside rear terrace/garden. There is a separate entrance self contained two bedroom flat with lounge kitchen and shower room. Sales include breakfast sandwiches hot and cold sandwiches jacket potatoes salad boxes and hot and cold drinks. For sale either freehold or with the property secured on a lease with a rent of £15,000 per annum for the ground floor only or £20,000 for the whole property. Tremendous opportunity.

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

A new lease is available for the whole property with a rent of £20000 per annum or for the ground floor only with a rent of £15000 per annum

Leasehold Rent:

£20,000 per annum

Living Accommodation:

2 bedroom accommodation

Location:

Superbly located on the busy A458 Stourbridge Road in Halesowen with plenty of customer car parking

Premises Details:

The property comprises front sales area with rear kitchen/preparation area store WC and cellar and outside rear terrace/garden. There is a separate entrance self contained two bedroom flat with lounge kitchen and shower room.

Planning Consent:

A3 Cafe & Restaurent use

Business Operation

Reasons for selling:

Retirement sale

Trading hours:

7.00am to 2.30pm Monday to Friday

Employees:
4 part time
Years established:
20 years

Other Information

Support & training:

Full support and training will be given to any new owner

Financing available:

Hurdley & Co can introduce you to various business brokers depending on your circumstances. We have built up a good relationship over many years and have every confidence in them to provide you with a first class professional service please telephone us for contact details.

Leasehold asking price:
£75,000

Contact Hurdley & Co

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