Closed Takeaway Shop for Sale in Wednesbury, West Midlands – Multi Use Potential
This well-maintained property is surrounded by a variety of businesses, including supermarkets, barbers, pubs, hair and beauty salons, and other takeaways, ensuring substantial footfall.
*CLOSED* Takeaway for Sale
**Please note the store is closed and not trading**
Reason for sale:
*Our client closed the store approximately 12 months ago to concentrate on managing their existing takeaway outlets, of which they currently operate more than five.
The Opportunity:
- Potential for other use such as a barbers, Protein store, Beauty Shop, Storage space etc.
- Affordable annual rent of £7,500 with no business rates.
- Perfect trading position
Location:
* Busy Commercial Area: The store is located near Wednesbury town centre, benefiting from strong foot traffic and proximity to retail stores, offices, and local amenities
Weekly Turnover
* We have been advised that the previous historic turnover was on average £6,000 - £7,000 per week.
Tenure
*The site is to be offered by grant of a new 20 year secure renewable lease.
Rent:
* The current rent is per annum is £7,500.
Rates
* We have been advised that there are no business rates payable.
Previous Trading Hours:
* Monday - Sunday 3:00pm - 3:00am.
External:
- There is on road, customer parking available to the front of the store.
- Delivery access to the rear for loading / unloading.
Regulatory
* A5 License
Legal costs
- Each party to be responsible for their own legal costs in connection with the sale.
- Landlord's legal fees are the buyers responsibility.
Viewing arrangements:
* Please contact us to arrange a convenient time to meet at the property for viewings.
DEPOSIT
*A non-refundable deposit is required from the successful buyer(s).
We understand that the property benefits from the following services: heating and hot water, electricity, water supply, and a CCTV burglar alarm system. Please note, however, that we have not conducted any testing of these services and therefore assume that all systems are in full working order.
