**BUSINESS FOR SALE ON STRATFORD ROAD IN SPRINGFIELD SHOPPING PARADE** Midland Housing Ltd are proud to present this outstanding investment opportunity to acquire a unique and highly profitable running Fast food take away and 3 Bedroom flat located on the Stratford Road of Birmingham. This well established take away has a loyal and strong client base due to its location being on the main road in a strong residential and business area. The business itself has a very successful turnover with a high return profit making a good weekly income not including profits made from the flat above which makes a monthly income of £600 alone. It is a growing business so the profits can only increase year by year. The business is located in a very busy parade with massive potential for expansion. The property is approx 900 sq ft and available immediately. The business has excellent opportunity to progress on return especially if further cuisine was added to the menu such as pizza. It would be an ideal opportunity as business is all set up with a regular customer base. The property is based on the very busy 6 bus route and is located only 10 mins to the city centre. To arrange a viewing contact a member of staff on 0121 773 5500!!!

 

Commercial Information

•Running Business as full Take Away – Including Grilled Food

•Running for over 9 years successfully

•Business For Sale – 20 Year Lease available

•Sizes: Front  approx 500 sq ft and Back approx 300 Sq Ft

•Currently making a good weekly turnover 

•Currently only opened from 12pm to 11pm 

•Massive scope for increased profits

•Business rates relief applicable

 

Key Features

• Ground floor shop and First floor 3 bedroom flat

•Well Sought After Area – Prime Location

•Flexible lease terms available

•Competitive 

•Display Fridge, Drinks Fridge, Charcoal Grill, Hot plate Griddle, Imperial fryer, Spit Roast for whole chickens, Tandoor, Henny Penny, Storage fridges and freezers and brand new extractor fans fitted

•Price including all fixtures, fittings and appliances required for the same trade

 

Location

The property is situated on the main road of Stratford Road (A34) in a mixed business and residential location approached from the A4540, A45, A47 and the A41 which is easily accessible from the M5, M6 and M42 on the motorway. It is located South to the Birmingham City Centre in an established location. It is placed ideally for all communications in the local area. There are a lot of local businesses and residential homes within walking distance proving to be an excellent location for lunch time and late night trade.

 

Rents and Rates

Price is £1000pcm including the 3 bedroom first floor flat which makes a monthly income of £600.

Business premium £30,000 OIRO – 20 year business lease (willing to negotiate)

Rates Relief may be applicable saving you approx £1200 annually

 

Planning

The property is considered suitable for A2, A3 and A6 use. All interested parties are to make their own specific enquiries directly with the Local Planning Authority as to their intended use.

There is a great deal of potential in the property and can be used for many trades.

 

Tenure

The accommodation is available by way of a new lease on flexible terms

 

Viewings

Available immediately upon request – call now on 0121 773 5500