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Rent: £1,600 PCM

Address: Papion Chicken, Stratford Road, Sparkhill B11 4BS

Property Type: Running Business

Description:

BUSINESS FOR SALE - 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 in making a weekly income of around £5500 per week not including profits made from the flat above which makes a monthly income of £400 alone which we believe is relatively low for the area. 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 1000 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, grill or deserts. 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 - Specialise in Fried Chicken
• Running for over 2 years successfully – (Previously was a fast food shop too)
• Business For Sale – 18 Year Lease remaining
• Sizes approx 1000 Sq Ft
• Currently making approx £5500 per week turnover on average
• 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
• 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 £1600pcm including the 3 bedroom first floor flat which makes a monthly income of £400.
Business premium £75,000 – 18 year business lease remaining
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 18 years term remaining

Viewings
Available immediately upon request – call now on 0121 773 5500

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