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Fully Fitted Hot Food Takeaway/restaurant Opportunity, Motherwell For Sale

Motherwell, North Lanarkshire, UK
Freehold Price:
Undisclosed
Leasehold Price:
£50,000
Turnover:
Not applicable
Net Profit:
Not applicable

Hotway
7 Carfin Street, New Stevenston, Motherwell, ML1 4JL

  • Fully fitted hot food takeaway/café opportunity (16 covers)
  • Prominent trading position within busy retail parade
  • Designed & fitted to an exacting standard (c.£130k refurb)
  • 2 separate kitchen areas & extraction systems
  • Opposite Scotmid supermarket. Plentiful free car parking
  • Nearby amenities include pubs, schools and railway station
  • Strong historic levels of turnover

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

Our client is willing to offer a fresh FRI lease of negotiable terms and duration, and we are seeking initial rental offers in excess of £20,000 per annum.
Freehold offers will be considered.

Leasehold Rent:

£20,000 per annum

Location:

The subjects benefit from a prominent trading position within a busy retail parade on Carfin Street within a well-established commercial and residential area of New Stevenston, situated between Motherwell and Bellshill in North Lanarkshire.

The surrounding locality comprises a mix of predominantly local retailers, pubs and takeaway operators anchored by Scotmid supermarket. Surrounding community amenities include both primary and secondary schools, churches and Holytown railway station, all of which provide consistent footfall which is supplemented by nearby housing and passing traffic.

Carfin Street serves as a connecting route through the area, providing convenient access to the wider Motherwell town centre as well as surrounding districts. The premises are well positioned to attract both local residents and passing trade, with on-street parking available nearby and good public transport links within walking distance.

The area is densely populated, supporting strong demand for convenience food offerings, and the property’s location makes it well suited for a takeaway business looking to capitalise on an established customer base.

Premises Details:

THE PROPERTY
The subjects form part of a retail parade and comprise this mid-terrace, single-storey and attic property all under a new pitched tiled roof. The property was extensively refurbished approximately 5 years ago at a cost of over £130,000, including new roof, completely rewired (3-phase), replumbed, new extraction systems etc.


DESCRIPTION
As mentioned above, the property was completely refurbished 5 years ago, and the premises have been designed and fitted to an exacting standard with no expense spared and the highest quality of finishings used throughout. The premises benefit from electric roller shutter, multi camera CCTV system and alarms.

The property is accessed directly from Carfin Street via an entranceway positioned to the left-hand side of the large display frontage with prominent signage above.

The front section provides seating for approximately 18 customers by way of loose tables and chairs.

To the rear of the seating area there is a serve-over marble topped counter with 3x flat screen televisions above to display menus, and an open kitchen to the rear with a range of equipment including 2x kebab grills, 6 pan bain-marie, fridge and a hot cupboard.

To the rear of this, the back shop area is home to a larger kitchen with a separate large l-shaped canopy and extraction system. Equipment in this area includes 6-ring gas burners, double fryers, microwave, stainless steel workbenches, fridges, freezer, as well as dishwasher and sinks/basins.

The subjects benefit from a large, renovated attic, currently accessed by ladder, which provides a further chest freezer and a large storage/office area.

Size in square feet:
We understand that the subjects have an approximate ground floor area of 61 SqM (656 SqFt) which does not include the large attic area above.

Other Information

Related Documents:
Leasehold asking price:
£50,000