£94,950

Restaurant for sale

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£94,950

Restaurant for sale

Coleshill Street, Fazeley, Tamworth B78

Local area information

Property location

Nearby amenities

  • Millfield Primary School 0.1 miles
  • Two Gates Community Primary School 0.6 miles
  • Wilnecote (Staffs) 0.9 miles
  • Tamworth 1.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold Pizza & Piri Piri Chicken Takeaway
  • Only Trades 5 Days
  • Staff Operated
  • Great Reputation
  • Ideal Starter Business
  • Fully Fitted & Newly Refurbished
Leasehold Pizza & Piri Piri Chicken Takeaway Located In Tamworth
Fully Fitted & Newly Refurbished
Only Trades 5 Days
Staff Operated
Ref 3021

Asking Price £94,950 plus sav (£1,500)

Location
This delightful Pizza & Piri Piri Chicken Takeaway is located in Fazeley, Tamworth. Situated within a prominent and highly visible trading position on Coleshill Street. Its part of a busy parade of shops to include an Indian Restaurant, Pharmacy, Chinese Takeaway, Fish & Chip Shop and Tesco Express. All of which brings high levels of footfall to the area. Tamworth town centre is (1.7 miles) and the M42 motorway (3 miles) which gives easy access to all motorway networks.

Business Description
Veritas Business Sales are privileged to offer to the market this respected Pizza & Piri Piri Chicken Takeaway which is located in Tamworth. The premises was transformed into what you see today by our client 2 1⁄2 years ago. They are now offering the business for sale so that they can concentrate on other projects.
Since ownership the premises have been kept in good repair and includes new equipment along with fixtures & fittings to the tune of (£150,000) 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. The Takeaway is operated by a team of 6 part time members of staff which have been in place since 2021 and are experienced and reliable. The Takeaway has an average weekly turnover of circa £4,500 based on just 5 days trading. Approximately 50% of turnover derives from walk-in trade, phone orders and their own website and the remaining 50% comes from Just Eat & Uber Eats. Deliveries are made by their own in-house drivers. They are rated 4.4 on Just Eat, 4.4 on Google, 4.7 on UberEATS with many repeat customers. The business also has a gourmet burger brand call Top Buns and has a pitch side sponsorship boarding at Tamworth fc agreed and paid for the 2024/2025 season. Their website and app offers sales subject to 1% commission which is much better than the portals, giving scope to boost margins by driving more traffic the own website. They serve pizzas, piri piri chicken, wings, burgers, fries, sides, dips, veggie options, desserts and soft drinks.
We believe that there is potential to increase trade should you wish by extending the current opening times and opening on Sundays & Monday. The business in a short time has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. 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.

Opening Times
Tuesday & Wednesday - 16:00 - 22:00
Thursday - Saturday - 16:00 - 22:30
Monday & Sunday - closed

Leasehold
Lease: 15 years
Remaining: 12 years
Rent: £16,000 pa
Reviewed: 5 yearly
Rates: Zero

Ground Floor
Takeaway comprising: Serve over sales counter with epos till system, 5 x digital menu boards, undercounter drinks fridge, pizza oven (Lincoln), 2 x stainless steel tables, stainless steel hot cupboard with heated gantry, saladette with marble worktop and 3 door undercounter fridge, stainless steel trolley, 4 slice toaster, stainless steel wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser, (Rational) oven, dual deep fat fryer (Fastfri), stainless steel table, chargrill (Bonnet), griddle, extraction canopy, chip scuttle (Lincat), 3 x metal shelves and undercounter fridge (Kenwood).
Kitchen comprising: Stainless steel upright 2 door freezer (Polar), 2 x commercial microwaves (Samsung), stainless steel wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser, 2 x metal storage units, stainless steel fridge (Ozti), dough mixer (Prismafood), stainless steel table with commercial can opener, dough roller (Prismafood), blender (Sammic), 2 x metal shelves, stainless steel dual sink with directional hose, hot water boiler (Main), induction hob (Buffalo), chest freezer, walk-in cold room and rear exit door.
Staff W/C with wash basin, wall mounted mirror, wall mounted soap dispenser, wall mounted soap dispenser and staff changing area.

External
Rear shared yard with bin area.

EPC Rating C

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Property descriptions and related information displayed on this page are marketing materials provided by - Veritas Business Sales Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Veritas Business Sales Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Staffordshire
  4. Tamworth
  5. Fazeley
  6. Coleshill Street