Property Details

 
OIRO £89,995
Takeaway Business x 2, Mill Street, Woodley, Stockport, SK6 1QH
     
    This concern provides 2 separate lockup retail facilities which are internally connected to each other as well as a 4 bedroom residential accommodation to the first floor.

    The Bhajis Takeaway has established a strong reputation within the local community and has been a popular establishment as a local takeaway for over 14 years. The addition of the Pizza and Grill takeaway two years ago has only increased the popularity of both businesses, creating a one stop outlet to accommodate demand for the varied palate. With 5 star hygiene ratings and a loyal client base providing repeat custom, the businesses also benefit from passing trade being sited in a prime corner trading position, within a densely populated area in the heart of Woodley, Stockport.

    Each premises provides significant shop frontage which are clearly visible to passing traffic and is positioned opposite the Woodley Precint which serves thousands of shoppers on a daily basis.

    Each retail units offers a modern customer waiting area with counter and are fully equipped with commercial kitchens, each housing an excellent range of quality catering equipment, one cold room and extraction systems, worth over £50,000.

    The accommodation to the first floor currently offers a 4 bedroom flat which is accessible separately and can be accessed internally or independently.

    With additional floor space to the first floor, currently being used storage as well as a bathroom and an office room, the potential to convert the premises into a Restaurant in its entirety is being missed out.

    The highly profitable businesses operate mainly in the evenings and are currently taking on average, a combined income of £6700 weekly. The business is mainly run by staff with the current owner having to commit to many of his other concerns.

    This business would suit an ambitious and energetic person with new and innovative ideas to accommodate the ever changing palate. In the right hands this premises would suit a range of cuisines and certainly a much needed Restaurant in the area.

    With so much potential for growth this business is not to be missed and therefore early viewing is highly recommended.

    The premises will be held on a secure lease with sensible rent.

    We have been advised by the current owner, the unit has planning consent for both A3/A5 uses.

    Combined NIA commercial premises only- 2458.78 sq ft

    1.Bhajis Takeaway, Mill Street SK6 1QH, NIA – 857.77 sq ft (79.69 sq m)
    2.Pizza & Grill , Mill Street SK6 1QH, NIA – 772.09 sq ft (71.73 sq m)
    3.First Floor Storage/Office and WC, NIA – 828.92 sq ft (77.01 sq m)
    4.Residential Mill Street SK6 1QH - 4 Bedroom Flat

    Rental/Price
    Rent - £15,000 per annum
    Business price – OIRO of £ 89995

    OUTGOINGS

    With reference to the Valuation Office Agency website, the property has been assessed for uniform business rates with a rateable value in the 2018 Ratings List of £5,400 (Bhajis) and £5400 (Pizza & Grill).

    Further enquiries should be made with the business rates team to confirm actual rates payable (small business rates relief apply for properties with a rateable value less than £15,000).

    Terms:

    Leasehold: With 6 Years remaining on the current lease. Prospective tenants have the option to assign the current lease or enter into a new term.

    VAT:

    The prices and/or rentals quoted are exclusive of VAT (if applicable).
    VAT is not applicable in this case

    Legal Fees:

    Prospective Tenants will be responsible for their own legal fees as well as the assignors.

    Viewing Arrangements:

    Viewing by arrangement with the sole agents: - Maya Property Services

    PARKING NOTES

    On street parking is available to the rear and side of the premises.

    SERVICES

    We have been advised that all mains services are connected.

    ADDITIONAL INFORMATION

    We endeavour to make our sales and lettings particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.

    Map


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
     
     
     

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