Restaurant/cafe to let in Boundary Road, Streetly, Sutton Coldfield B74

£19,000 pa (£365 pw)
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Restaurant/cafe to let

Property features

  • Business for sale for £45,000
  • Passing rent £19000 pa

Property description



Opportunity to Purchase: Established Chinese Takeaway in Sutton Coldfield for £45,000

Presenting a golden opportunity to acquire a prosperous Chinese and Fish & Chips takeaway, situated in Sutton Coldfield. This sought-after business has created a unique space in the culinary scene with a loyal customer base, offering a diverse menu of traditional Chinese dishes and beloved Fish & Chips.

Takeaway operates six days a week, from Tuesday to Sunday, with operating hours from 15:30 to 22:00 or 22:30, while being open on all bank holidays. Mondays are reserved for rest and preparation for the following week.

Ordering is a breeze with multiple options available - customers can call, visit in person, or place an order on the user-friendly website. Business accommodates both cash and card payments, with card transactions securely processed through our website.

This business sale, at an asking price of £45,000, includes on location all kitchen and restaurant equipment, digital assets, including our online presence and customer base, and the exclusive recipes that make the Takeaway restaurant a favourite in the community.

The current passing rent is £19,000 per annum, with a lease term of 20 years since April 2022. Thus, the remaining lease term is approximately 18 years and 8 months, providing ample time for the new owner to fully capitalise on this investment. The next rent review will occur in April 2027, with rent reviews scheduled every five years.

There are also annual service charges, currently fixed at £1,400, covering essential maintenance and services.

The current owners are committed to facilitating a smooth transition, offering support and guidance to the new proprietor to ensure the ongoing success of the restaurant.

This is an exciting opportunity for a dedicated and passionate entrepreneur or a business veteran to take over an already thriving establishment. Youre invited to get in touch for further details or to arrange a viewing.

Act promptly to secure your place in a rich culinary heritage with this Takeaway Restaurant, and continue to offer the finest traditional Chinese and Fish & Chips takeaway experience.

Property info

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Spectra Property & Services Limited, B14 on +44 121 659 0344 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Spectra Property & Services Limited, and do not constitute property particulars. Please contact Spectra Property & Services Limited for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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