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Established Hot And Cold Food Takeaway For Sale

Paignton, Devon, UK
Asking Price:
£27,000 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

Well-established Paignton hot and cold food takeaway with an excellent reputation, 14 customer covers and clear potential to extend the current trading hours.

This ready-to-trade takeaway provides a range of freshly prepared hot and cold food for eating in or taking away. The premises are well equipped for the existing operation, with a 14-cover trade area, service counter, drinks preparation facilities, dedicated hot food preparation area and a substantial commercial kitchen.

The business serves a densely populated residential area, generating regular local custom supplemented by seasonal visitor trade. It currently opens seven days a week, operating from 8am-3pm during the summer and 9am-2pm during the winter.

There is scope for a new owner to increase the existing trading hours, particularly during the summer months. The business is currently operated by the owner with one full-time member of staff, providing an opportunity for an owner-operator to acquire an established and fully equipped food takeaway.

The owner is reluctantly selling due to a change in circumstances. Enquiries are invited for further information and to arrange a viewing.

Property Information

Property:

Leasehold

Lease Terms:

Assignment of a 7-year lease commencing March 2022 at £9,500 per annum.

The lease has internal and shop-front repairing and insuring obligations.

Leasehold Rent:

£9,500 per annum

Location:

Big Baps occupies a prominent trading position on Manor Road within the popular seaside town of Paignton and is only a short flat walk of 0.4 miles to Preston Beach. The immediate vicinity is a densely populated residential area and the business benefits from regular local trade together with seasonal visitor trade.

Premises Details:

The premises comprises:-

TRADE AREA
Seating for 14. Service Counter with inset prep chiller and EPOS till system. Wall mounted LEB display screens showing the menu. Drinks prep area with Vitro fresh coffee machine, blender and milkshake machine. Under and over counter storage, 2 under counter fridges and countertop heated pie cupboard. Hot food prep area with contact griddle, Tefel compact fryer, 4 pot Bain Marie, countertop ECO turbo chef oven, extraction fan.

CLOAKROOM

COMMERCIAL KITCHEN
Good working space with central prep island. Hot prep with countertop Blue Seal turbo fan oven, Adexa oven & grill, 2 commercial microwaves, 2 compact fryers, 3 Breville panini machines and food mixer. Upright fridge and freezer, large dry store. Wash up area with Ariston electric water heater, Kingfisher commercial dishwasher and double sink with drainer. Small office / storage space with 2 chest freezers.

GENERAL INFORMATION

TENURE
The premises is available via assignment of a 7 year lease from March 2022 at a rent of £9,500 per annum.

The lease has internal & shop front repairing and insuring obligations.

THE BUSINESS
The business has an impressive turnover of over £100,000 per annum. Accounting information will be made available to Bona Fide applicants following a formal viewing arranged through Bettesworths.

RATEABLE VALUE
2026 List: £6,400. Please note this is not Rates Payable. 100% Small Business Rates Relief will be available to eligible parties. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council

SERVICES
The premises is connected to mains electricity, water and drainage.

INVENTORY
To include furnishings and equipment as per an inventory to be supplied but excluding the owner’s personal effects.

STOCK
Wet and Dry stock in trade will be taken over by the purchaser at valuation on the day of completion.

EPC RATING B

VIEWING
Viewing is highly recommended and can be arranged by prior appointment with the Sole Agents, Bettesworths.

Energy Performance Rating:
B

Business Operation

Management type:
This business is owner operated.

Other Information

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