Caribbean Restaurant in Willenhall For Sale

Situated in a parade, excellent trading position, residential, office and commercial area, WEST MIDLANDS WILLENHALL

Turnover £ 1,000
Price £16,500

Features

Afro Caribbean Takeaway

REFITTED IN 2020 TO A HIGH STANDARD

6 DAYS OPENING

SINGLE FRONTED PREMISES with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with spotlights. Cool display counter with refrigerated storage section, EPOS till, glass fronted upright double door.

OPEN PLAN KITCHEN AREA. Stainless steel extractor unit, 6-burner gas cooker, large double fridge, large deep freeze, 2 microwaves, 2-pan deep fryer, 3 stainless steel preparation tables.

Ladies' & gentlemen's toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,000 p.w. with a gross profit of 65% approx. (35% via online portals)

Staff

The business is at present operated by 2 full time staff.

Trading Hours

6 Day week
TUESDAY - SATURDAY 12 noon - 9 p.m
SUNDAYS 12 noon - 4 p.m

Outside

Rear access for deliveries

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2010 with reviews every 4 years (next review 2026) at a current rent of £13,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £16,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.