Business for Sale in Stafford, Staffordshire - Hot Food Takeaway - Conversion Opportunity - Leasehold: £20,000

Key Information

Ref
CF35029V
Type
Food Service Businesses: Other Takeaways
Location
England: Staffordshire
Tenure
Leasehold
Status
For Sale
Accommodation
3 Bedrooms
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EMF are pleased to bring to the market this leasehold vacant premises with valuable Sui Generis (old A5 use class) Hot Food Takeaway use class located in a prime position on the A518, Stafford.

LOCATION

Perfectly situated near Stafford ring-road on the A518, this property is located nearby plenty of residential accommodation, and has the benefit of 30 minutes of free parking on the roadside.

TENURE

Leasehold – 23 years are remaining on a 25-year lease, subject to rent reviews every 5 years. The rent stands at £12,000 per annum including the accommodation. The rateable value for this shop is £6,000 per annum and would be suitable for 100% small business rates relief.

PREMISES

Access to the shop is via a single door to the front. The ground floor shop is c. 720 ft2 and has an A5 Hot Food Takeaway use class. There is a three-bedroom flat on the first floor, access to the flat is via the rear of the premises.

COMMENTS

The accommodation is currently let out on an Assured Shorthold Tenancy agreement for £600 per calendar month, making the NET rent on the shop only £400 per month. The shop needs refitting out to a suitable specification but would make an ideal place for a takeaway food business to operate.

  • Low Monthly Rent of only £1,000 per month
  • Included is a 3-bedroom income-producing flat
  • Flat produces £600 PCM in rent
  • Valuable A5 Use Class
  • c. 720 sq ft of commercial space


Leasehold offers around £20,000

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