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Lock Up Takeaway Premises In Torquay For Sale

Torquay, Devon
Asking Price:
£79,950
Sales Revenue:
£50K - £100K
Cash Flow:
Available on request

The premises has a valuable 4am Trading Licence with the approved hours from 5am through to 4am the next day (23 hrs). The current owner is presently only trading two evenings a week, Friday and Saturday, 6pm till 4am making this a business with potential to dramatically increase trade and therefore turnover. The premises is well equipped with current electrical certificates. Stuff Your Face Takeaway is operated by the owner occupier with the assistance of two part time staff. The menu consists of a selection of Doner and chicken Doner kebabs ranging from £5 - £8, burgers £3.95 - £5.75, pizzas £7.90 - £9.90, hot dogs £4.50 plus a range of side orders. The meat is sourced from local butchers and where possible local produce is used. The Kebab meat is halal, along with the chicken burgers and nuggets.

Property Information

Property:

Leasehold

Location:

Torquay, together with Paignton and Brixham, form part of the English Riviera, a favourite tourist destination. Torquay is a hub of activity year round, boosted significantly during the warmer months with the influx of visitors to the area. Stuff Your Face is a lock up takeaway premises in an excellent trading location close to the busy Harbourside area of Torquay and amongst the town’s best known clubs, bars and nightclubs.

Premises Details:

The premises comprises:-

Byfold doors
Leading from the main high street directly into the trade area. The premises have illuminated LED and florescent signage and awning.

Main counter
Refrigerated 2 ½ meter wide display unit with cold storage under. Stainless steel heated pizza display stainless steel unit with heat lamps.

Prep counter
With roll top work surface. 2 commercial microwaves, counter top drinks fridge, 2 commercial under counter fridges, large chest freezer and electronic cash register. Wall mounted illuminated menu display board, stainless steel and tiled splash backs, commercial extraction system, 2 Roller Grill 3 Phase Kebab machines, and Archway electric kebab slicer. Ace burger griddle, 4 pot bain marie, Valentine double deep fat fryer and counter top chip warmer. Crane Instant Hot drinks machine.

Rear preparation area
Stainless steel work tops, glass top chest freezer, twin decked 4 x 12” pizza oven, 2 under counter commercial fridges, wall and floor mounted shelving and storage cupboards, wash hand basin and stainless steel sink unit.

Staff cloakroom
WC and wash hand basin.
General information

Rateable value
£7,900. This business qualifies for 100% Business Rates Relief. For more information we advise you contact Torbay District Council.

BUSINESS
Turnover for Year End December 2017 was £89,026. Further accounting information will be made available after a formal viewing arranged through the agents, Bettesworths.

Tenure
We have been informed the Landlord will grant a new 15 year lease to the in-going tenant, subject to satisfactory references and credit checks. The lease has repairing and insuring obligations. The rent is currently £12,100 per annum.

Services
The premises are connected to mains drainage, water and electricity.

Stock
Wet and Dry stock in trade will be taken over by the purchaser at valuation on the day of completion.

Inventory
To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.

Energy Performance Rating:
D  View EPC Graph for this property

Contact Information

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    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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