Select screen Standard | Mobile | Tablet
Search
Or location

For Sale

Sponsored Links

Licensed Italian Pizza Restaurant / Takeaway Lease For Sale (West Midlands)

Licensed Italian Pizza Restaurant / Takeaway Lease For Sale (West Midlands)
Ad ID: 2050706
Posted on Mar 16, 2017
Expire: Jun 14, 2017
Ads has expired
Posted by: Unregistered user
Call or text to get email
Please quote PostAdsUK.Com when calling
Address: Coventry, West Midlands

Oregano Pizza
171 Walsgrave Road, Ball Hill, Coventry, CV1 4HZ, 02476444477

Oregano or Oregano Pizza is delight to introduce this fantastic Takeaway Restaurant for sale in North East of Coventry
Located at the heart of the City Centre Region where it benefits from busy High Street shops, bars and pubs, local school, university dormitory, and also Coventry university
This business is ideal situated opposite Old Bally Pub, Ladbroke and also B&B, also it benefits from bus stop outside the front of the restaurant entrance.

This is a very spacious, well position Takeaway Restaurant situated in a very popular food location in close to the City Centre and Coventry University
The restaurant located on the main High Street facing off street and main street.

Area Description:

Ball Hill is situated 2 miles away from junction 2 M6 North, 1.5 miles away from University of Warwick & Coventry Hospital, and also 1 mile away from Coventry University, less than mile away from Coventry City Centre
Surrounded by a huge range of outlet from Privately owned to corporate multiples, the area attracts a huge passing custom and has fanatic links via Bus, Taxi, Cycle, footpath, plenty of Car Park for customer and staff.

Business Premise Description:

This family run business has been established 16 years ago and was owned since 2012, serving range of Italian Traditional food such as, Pizza, Pasta, BBQ, Wraps, Kebab, Salad, Burger, Samosa, hot & cold drink and more
Recently has been fully refurbish after a huge lose from a fire that took place while ago and was close the business for 6 months.

The business premise currently is license from 11am until 4am everyday days of the week as Restaurant Takeaway, Alcohol free
The business premised also benefit from outside serving area (Shisha) and huge double front glass

Turnover & Lease:

At present the premise owned by single landlord for the flat above the restaurant and the business, but the asking price is not included the flat above the restaurant as it belongs to the landlord and currently is occupied
The flat can be used by business if required at a further cost which would require discussion with actual landlord.

The business currently running and has an average turnover of 120k annuals with the gross profit of 40-60%, which is weekly turnover of 2k to 3k sale
There is approximately 1 year left of a new 5-year renewable lease with rental figure of £1,180.00 pcm payable
Currently the Business rate is £380.00 pcm and £420 pcm for every 3 months for the blue bin and average of £200 pcm cost gas and £150 pcm electricity, £120 pcm insurance
The lease currently left 16 years which originally was 20 years, future new or extended lease is available at extra cost with discussion with the landlord.

Premium included all fixture and fixing and current stock in place which an asking price of 99,999.99 ONO
Price can be negotiated as close to the asking price.


* This specification has been prepared in good faith, however please take note that all and any services, equipment, fittings or heating systems have not been tested and no warranty is given that any are in working order
All dimensions are approximate and buyers are advised to make their own enquiries as to the condition and measurements of any fabric of the property.

Business Premise Comprises;

The premise comprises:

1) Customer outside seating area - Front of Shop facing High Street:

2) Customer outside seating area - Side of Shop Facing Clements Street

3) Inside customer Seating Area

4) Middle Shop Kitchen- Pizza Area

5) Main Kitchen – Kitchen Area

6) Centre Back of the Restaurant – Working area

7) Inside Storage Area

8) Sink and basin, Washing up area

9) Staff Toilet

10) Garden

11) Cold Room

12) Shade – storage area

Lease: 16 years
Full ready to move.

Rates Payable: £4,560 per year

Rent: £14,160 per year

Premium: £99,999

Thanks

Ads has expired
Posted on Mar 16, 2017

View number phone or Reply by email

Here are some similar ads

Beach Hut for sale in perfect location on Hove promenade (East Sussex)
£19,000 | UK, england, East Sussex, | Posted on Feb 18, 2018
Address: Hove, East Sussex Perfectly located, Beach Hut 325 is situated 15 metres from the beach towards the western end of Hove promenade backing onto the pitch and putt Golf course and approx 400m from Hove lagoon where you'll find water sports, the "Big Beach Cafe", children's p
13th century town-house in Caylus (Tarn et Garonne, France) (London)
£218,000 | UK, england, London, | Posted on Feb 18, 2018
Address: Victoria, London Maison des Loups (Caylus)Location: town of Caylus (Tarn & Garonne department)Surface area: 130m23 bedrooms, 2 bathroomsHistoric, three bedroom 13th century town-house across from a medieval church Thefaçade of the building is a listed historical monument,
REDUCED 4 bed freehold semi detached (South Yorkshire)
£155,000 | UK, england, South Yorkshire, | Posted on Feb 18, 2018
Address: High Green, South Yorkshire 4 bed semiIntegral garage with electric door electric lights both hot and cold water supply3 double bedroomsFitted kitchen with oven hob and dishwasherUtility areaDining areaDown stairs wcEnclosed back garden with decking area and Astro turf areaUnder house stora
Holliday cottage for sale (Manchester)
£79,950 | UK, england, Manchester, | Posted on Feb 18, 2018
Address: Pendlebury, Manchester Up and running holiday cottage New windows and doorsNew central heatingRewired Fully decorated Newly furnished Up with Sykes cottages£12000-15000 pa incomeCottage is in Cumbria 15 min from Whitehaven 20 min from Keswick
Sponsored Links
Victorian stone built 4 double bedroom through terrace. Benefiting from NO CHAIN (West Yorkshire)
£109,950 | UK, england, West Yorkshire, | Posted on Feb 18, 2018
Address: Bradford, West Yorkshire Located in a cul-de-sac Nursery at the end of the street and local schools just a short walk away Ideally located for access to Leeds and Bradford with apperley bridge station close by and Bradford city centre a shirt drive away.Gas central heatingUPVC double glaz
Building plot with full planning permission for 3 bedroom house in small village in suffolk (Suffolk)
£150,000 | UK, england, Suffolk, | Posted on Feb 18, 2018
Address: Eye, Suffolk Ideal for Self build We have decided not to build ourselves having completed a 2 bay cart lodge on the site Located in popular village with outstanding primary school within walking distance
Holiday Home in the Heart of the Yorkshire Dales Arncliffe Nr Skipton 2 bed 2017 Hemsley Lodge (North Yorkshire)
£59,950 | UK, england, North Yorkshire, | Posted on Feb 18, 2018
Address: Skipton, North Yorkshire REDUCED FOR QUICK SALE - Reluctant sale of a 2017 2 Bed Helmsley Lodge located in the heart of the Yorkshire Dales aprrox 6 Miles from Grassington The Lodge is fully insulated, DG, full CH, Dishwasher The site is a five star, open 12 months of the year so can be u
Spacious 5 bed, 3 bath Family Home, Excellent Location! Great Schools, Safe Area, Alton, Hampshire (Hampshire)
£510,000 | UK, england, Hampshire, | Posted on Feb 18, 2018
Address: Alton, Hampshire A spacious 5 bedroom, 3 bathroom, detached two story family home elevated and overlooking the Alton, Hampshire town centre Beautiful views An excellent set of schools within walking distance ranging from Wootey's Primary to Alton College Lots of storage with a full attic
Spacious Caravan for Sale- Breydon Water Holiday Park (Norfolk)
£10,000 | UK, england, Norfolk, | Posted on Feb 18, 2018
Address: Great Yarmouth, Norfolk PRIVATE SALE Thank you for looking at my advert, I am regrettable selling my Willerby Lambourn holiday homes The Lambourn has a Large spacious double bedroom and also has a single pull out bed in the lounge The large front patio doors in the kitchen lets in lots of
FRENCH HOUSE FOR SALE: heated pool, Gite and mountain views. (Manchester)
£330,000 | UK, england, Manchester, | Posted on Feb 18, 2018
Address: Bramhall, Manchester Beautiful House with amazing views of the Pyrenees and overlooking private deer park One hour to skiing, one hour to Biarritz and coast Rural setting but only 5 minutes to village schools, shops, banks, cafe and river Set in spacious garden with heated pool and FULLY
Sponsored Links

Apple iPhone X 64 GB SIM-Free Smartphone - Space Grey

£999.00
More offers

Apple iPhone X 256 GB SIM-Free Smartphone - Space Grey

£1,149.00
More offers

iPhone X Case, ESR Crystal Clear Transparent Gel Case [Slim-Fit] [Anti-Scratch] [Shock Absorption] [Supports Wireless Charging] for 5.8" Apple iPhone X / iPhone 10 (2017 Release) (Clear)

£5.87
More offers

Anker iPhone X Screen Protector for Apple iPhone X / 10 (2017) with DoubleDefence Technology, [Case Friendly] [2 PACK] Tempered Glass with Alignment Frame for Apple iPhone 10

£5.99
More offers

Apple iPhone X 64 GB SIM-Free Smartphone - Silver

£999.00
More offers

TOZO® for iPhone X Case, PP Ultra Thin [0.35mm] World's Thinest Protect Hard Case for iPhone 10 / X [ Semi-transparent ] Lightweight [Matte Black]

£24.90
More offers

iPhone X Case, Korostro Cover iPhone X TPU Case Transparent Ultra Thin Shock Absorption Gel Case Liquid Crystal Silicone shockproof Anti-Scratch Bumper Case for iPhone X Protective Case - Clear

£6.99
More offers

iPhone X Case, iPhone 10 Case, Spigen® [Ultra Hybrid] iPhone X Case Cover with Air Cushion Technology and Hybrid Drop Protection for iPhone 10 (2017) - Matte Black - 057CS22129

£8.99
More offers

TOZO for iPhone X Wireless Charger, [Ultra Thin] Aviation Aluminum [Sleep-friendly] Wireless Fast Charging Pad for iPhone X / 10 / 8 / 8 Plus, Samsung Galaxy S8, S8+, Note 8 [Black] - NO AC Adapter

£99.90
More offers

iPhone X Bumper Case, Ubegood Protective Case for iPhone X Cover [Scratch Resistant] Crystal Clear Gel Case Ultra-Thin Silicone TPU Phone Case for iPhone X Case Cover - Jet Schwarz

£6.99
More offers