Bearwood Road, Smethwick

B66 4NA

£65,000
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Description


DoorStepAgents present this great commercial property. The business is located in Bearwood at the bottom of the High Street, in a prominent location where the main crossroad meets. It has easy delivery access to all the major areas including the main university campuses, city centre along with Harborne, Quinton, Edgbaston and others. The business has been running for 2.5 years during which we have become one of the most popular Indian Takeaways in the area. We have phenomenal reviews on Just Eat, Hungry House, Facebook and TripAdvisor.

"We have been voted top 10 for best food business by Just Eat for 2016 and 2015. We have received the the Tried and Tasted award for 2 years in a row and we should be receiving it for the third year. We are rated number 7 in Birmingham for all fast food restaurants by Just Eat. Excellent weekly takings, which I am happy to discuss with any interested party. "

There is still plenty of potential to increase revenue and we are currently developing our own online ordering platform which will be launched during December. A new set of menus will be ready to print by end of December also. We have Just Eat (Touch Screen Terminal), Hungry House along with our own online ordering platform. We have just launched our own mobile app for both android and ios. We own our own web domain which is currently being developed along with the twitter and facebook pages. As well as the running business there are 4 flats/bedsits upstairs which are available to rent out once refurbishment is completed (currently in progress).
Possible rental income from upstairs ranges from 800 - 1200 depending on which company you choose to manage the lets (or you can manage the lets yourself). We have also received permission from the landlord to underlet the garage at the side of the business further increasing revenue (suitable for a small shop/car wash).
All fixtures and fittings will be included with the sale. Ideally we are looking for a quick sale due family illness we are looking to fly out to visit family. Lease and Rent details: Lease has 7 Years and 4 Months remaining with the option of a 5 Year extension Current rent is £1044 PM which includes buildings insurance Rent review is every 5 years Details of the business:
Trading for 3 years (in March 2017) Established turnover Excellent reviews Superb branding Fixtures and fittings included

The details of the building are as follows:
Ground floor premises include:
The main shop floor with adjacent hallway/storage area Separate storage area which has 2 deep freezers and a double fridge (commercial) Kitchen with 10 burner cooker 1 year old tandoori oven double hot cupboard microwave x2 food preparation area Outdoor storage Single Toilet Joining Garage 4 good size bedrooms over 2 floors. Upstairs Kitchen with separate shower/bathroom and separate toilet
Ground floor premises includes separate stock room Cellar which includes same square footage as ground Adjacent garage with permission to underlet Outdoor storage area adjacent to Kitchen There is plenty of parking in front of the premises.
If the new owner wants to turn the property into flats they will require a plan of how the downstairs will be laid out. So this shouldn't be an issue for potential investors. I am willing to provide training for any potential buyer along with providing all cash and carry details etc. All you have to do is simply walk in to a running business.

Location