Leasehold Peri Peri Chicken Takeaway & Restaurant Franchise Located In Perry Bar

Perry Barr
£64,950
Business ID:
#2725
£64,950
  • Ref: 2725
  • Type: Restaurants
  • Availability: Sold
  • Veritas Categories: Catering, - Restaurants, Franchise, Takeaways
  • Business ID: 2725
  • Commercial Tenure: Leasehold
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Property Features

  • Leasehold
  • Peri Peri Chicken Restaurant/Takeaway
  • Franchise
  • Fully Fitted & Newly Refurbished
  • 2 Bedroom Flat Above Producing Income
  • Weekly Turnover £6,500

Full Details

Leasehold Peri Peri Chicken Takeaway & Restaurant Franchise Located In Perry Bar
Ratings / Just Eat 5.0 / Uber Eats 4.7 / Google 4.5
Ref 2725

Location
This respected leasehold Peri Peri Chicken Takeaway & Restaurant is located in Perry Bar, Birmingham. Situated within a prominent and highly visible trading position on the (A34) Walsall Road. The very busy One Stop Shopping Centre is (1 mile), Alexander Stadium is (0.5 miles) and Birmingham city centre is (4.1miles). The immediate area offers plenty of businesses, industry, schools and an abundance of residential houses, all of which bring high levels of footfall to the area.

Leasehold Asking Price: £64,950 plus SAV (£10,000)

Business Description
Veritas Business Sales are privileged to offer to the market this busy Peri Peri Chicken Takeaway & Restaurant which is located in Perry Barr. The current owner transformed the premises into what you see today back in 2020 and are now offering the business for sale due to a change in circumstances.
Since ownership they have undertaken refurbishment, redecoration and there has been continual investment in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Veri Peri is operated with the help of 3 full time & 6 part time members of staff and has an average weekly turnover of circa £6,500. Approximately £3,000 is taken instore and the remaining £3,500 derives from the online portals Just Eat, Deliveroo, Uber Eats. They serve peri peri chicken, wings, platters, burgers, wraps, pittas, paninis, sides, ice cream, desserts, milkshakes and soft drinks.
We believe that there is potential to increase trade by extending the current opening times and increasing the food offering such as pizzas. The business in a short time has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a fully fitted takeaway where all the hard work has been done, which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Wednesday – 5:00pm – 10:30pm
Thursday & Friday – 12:00pm – 10:30pm
Saturday & Sunday – 5:00pm – 10:30pm

Leasehold
Term: 7 years
Remaining: 4 years
Reviewed: yearly
Rent: £17,000 pa
Rates: zero

Ground Floor
Takeaway comprising: tables & chairs to cover (32), bench seating for customer waiting, metal storage racking, serve over sales counter, double door drinks fridge, ice ream freezer, 4 digital menu boards, and 2 EPOS till systems.
Preparation kitchen with 2 x metal storage racks, convection oven (Blue Seal), extraction canopy, 2 x stainless steel tables, stainless steel pass with hot food cupboard, walk-in cold room, walk-in freezer, stainless steel upright fridge (Foster), stainless steel worktop with 3 door undercounter fridge, order ticket printer, 2 x blenders (Blendtec), ice cream machine (Malibu), and side exit door.
Commercial kitchen comprising: stainless steel worktop with 3 door undercounter fridge, microwave (Panasonic), dual panini press, 2 x metal shelves, stainless steel prep table, hot food hold (Buffalo), chargrill, 2 x dual deep fat fryers (Fast Fri), chip scuttle, extraction canopy, large gas burner, convection oven (Rational), metal storage rack, stainless steel dual sink drainer with directional hose, wall mounted knife rack, stainless steel wash basin, combination boiler (Baxi), stainless steel fridge (Foster), stainless steel freezer (Foster), stainless steel table and side exit door.
W/C with wash basin, baby change, wall mounted soap dispenser and wall mounted paper towel dispenser.
The premises benefits from electric roller shutters to the frontage and a CCTV (6 camera system).

First Floor
storeroom
Office
Flat
Comprising: 2 x Double bedrooms, lounge, kitchen and bathroom.
This is sub-let for £700 PCM to include water and gas.
External
Rear yard with metal stairs leading to the first floor. Front off road parking for (2).

EPC Rating C