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Leasehold Mexican Takeaway Located In Leamington Spa For Sale

Leamington Spa, Warwickshire, UK
Asking Price:
£89,950 Furniture / Fixtures included
Turnover:
£351,000
Net Profit:
Available on request

Leasehold Mexican Takeaway Located In Leamington Spa. Suitable For Different Cuisines. A5 Consent.

Veritas Business Sales offer to the market this leasehold Mexican Takeaway which is located in Leamington Spa. The business has been established for 15 years and has been in the careful hands of our client for the past 4 ½ years.
Since ownership he has kept the premises in good order and there has been continual investment in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Casa Rica is owner operated with the help of 1 part time member of staff and a couple of delivery drivers. They serve quesadillas, nachos, loaded potato skins, wraps, tacos, burritos, chimichanga, enchilada, fajitas, chilli con carne, tortilla bowls, salads, burgers, fries, pizzas, sides, desserts and cold drinks. The weekly turnover is circa £6,500-£7,000 with approximately £1200 per week via Food Hub with the remaining £5,300-£5,800 deriving from the online delivery portals Just Eat, Deliveroo and Uber Eats.
We believe that the site lends itself to a variety of different cuisines should a new owner wish to change the food offering. This is a superb opportunity to purchase a fully fitted takeaway where all the hard work has been done, which is a great base to build upon and as such early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

Term: 15 years (New lease available)
Remaining: 11 years
Reviewed: 4 yearly
Rent: £9,360 pa
Rates: zero

Location:

This respected leasehold Mexican Takeaway is located in Royal Leamington Spa. Situated within a prominent and highly visible trading position on the Brunswick street. The immediate area offers other retail businesses along with industry and an abundance of residential properties, all of which bring high levels of footfall to the area. The town boasts wide boulevards, Georgian and Edwardian architecture, award-winning parks which provide a sophisticated backdrop to this Regency shopping paradise. Often described as 'the best bits of London, all in a ten-minute walk', Leamington town centre combines a treasure-trove of independent, specialist boutiques with all the national chains you would expect to find in a large city. With an impressive array of entertainment venues, a rich choice of restaurants and some of the country's best spas and salons, we're certain you will find it one of the most appealing towns in the UK.

Premises Details:

Ground Floor
Takeaway area with serve over sales counter and EPOS till system.
Hallway with upright drinks fridge, storage racking and 2 x chest freezers.
Kitchen comprising: 2 deck pizza oven, griddle, 3 basket deep fat fryer, extraction canopy, 6 pot wet bain-marie, 5 pot wet bain-marie, stainless steel table, stainless steel worktop with 2 door undercounter fridge, saladette and understairs storage cupboard.
Preparation room with stainless steel dual sink with drainer, stainless steel wash basin, metal storage racking, hot water boiler (Ferroli), 2 x upright fridges, chest freezer, metal shelf, 2 x stainless steel tables, rice cooker, 2 x microwaves and wall mounted paper towel dispenser.
W/C with wash basin.
Numerous food warming bags are included.

External
Small yard to the side frontage.

Business Operation

Trading hours:

Monday – Thursday – 5:00pm – 11:00pm
Friday & Saturday – 3:00pm – 1:00am
Sunday – 3:00pm – 11:00pm

Years established:
15 years

Other Information

Inventory / Stock value:
£1,000