Ref 6646 – Leasehold Takeaway
Blacks Brokers are pleased to bring to the market this leasehold takeaway located in a busy area of Newport Pagnell, Buckinghamshire.
Takeaway 4 U has been trading on Elthorne Way since 2013 with our client in ownership since 2017. The business is well known and has a good reputation in the area with a large base of regular customers and a five star hygiene rating. Our client has set up a comprehensive website with ordering system which is popular with regular customers and the business offers delivery throughout the Milton Keynes apart from Bletchley area. There are a number of good reviews noted on Just Eat and Google.
This business is positioned within a well populated residential area with parking available immediately outside. The area is well linked by the M1 and A509 with superb public transport links and Milton Keynes Central within a short drive. Neighbouring businesses include a local pub and a Tesco Express is currently under construction.
The business is ideally suited to a hands-on owner-operator but due to our client’s family commitments and lack of time, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a competitive rent on an External Repair Only lease. The current lease is a twenty year lease which began in 2006 at a cost of £385 + VAT per week.
Takeaway 4 U operates from a spacious, single storey property with large patio area to the front. The business has striking branding displayed above a fully glazed frontage. Inside, the business is modern and well presented with tiled waiting area and large servery counter fitted with display ovens and till point. There is a preparation area and kitchen to the rear with excellent fixtures and fittings throughout, this includes pizza oven, two kebab rotisseries, stainless steel preparation units, range, potato chipper and much more. All areas have been finished well.
The business is currently operating with our client and two partners in full time employment.
Takeaway 4 U has traded well during since opening. We are advised that the business currently has projected annual turnover of £165,193 and a gross profit of £91,988. This is the figure since our client took ownership in 2017. Full financial details are available upon viewing.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This leasehold business occupies a superb trading position within a busy residential area with good transport links to maintain a large customer base. There is plenty of scope to develop the business further with the introduction of a new menu, marketing campaign and a stronger online and social media presence. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £89,950.
Please quote ref: 6646
Drinks Fridge x 2
Heated Display Counter
Salad Display Fridge
Hopkins 3 Pan Range
Kebab Rotisserie x 2
5 Stainless Steel Work Tables
Stainless Steel Sink
Commercial Dough Mixer
Commercial Dough Slicer
Microwave x 2
Walk in Fridge
Walk in Freezer
Freestanding Fridge x 2
Freestanding Freezer x 1
Remote Control Roller Shutter to Front and Rear
Cook Tek Delivery Bag Warmer
15 Delivery Bags
Extraction System To Front & Rear
Gas Tandoori x1
Fastron Southern Fried Chicken Cooker
Large Steamer Machine
Mon - thur: 12:00 - 23:00
Fri & Sat: 12:00 - 00:00
sun: 13:00 - 23:00