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Asking Price
£80k
Description
This superbly appointed take-away is situated in an area of Walsall, adjacent to a number of other busy retail outlets. It enjoys high visibility on it's main-road position, and boasts a flat above, which could be converted to additional stores if preferred. The property is leasehold, with the balance of 10 years remaining on a 12-year lease taken out in 2006. Hence it expires in 2018, although it is understood that there are options to renew. Considering the flat above is included, the rent payable of £8,148 per annum makes it a very good proposition for most potential purchasers. The business rates are also very low - rates payable are only £1,228 per annum. The main product of the business is pizzas, although there is also a range of other food sold. Turnover is currently £2,900 - £3,000 per week. Price for Goodwill, lease, and fixtures & fittings (bought new, worth over £20,000) is £79,950.
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