Birmingham A5 Takeaway and 3-Bedroom Living Space for Sale
Birmingham, West Midlands
- Status
SOLD / WITHDRAWN
- Date Submitted:
28/09/23
- Advert ID
600388
- Leasehold: £45,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- Currently Closed
- Adjacent to Multiple Retailers
- Potential for Alternative Use
Business Details
A5 takeaway for sale with 3 bed living
The property features a takeaway restaurant space, classified as A5, on the ground floor. Above, it offers accommodation consisting of three bedrooms.
Located on a busy main A-road in Birmingham, B43, the establishment further benefits from ample free parking at the front and private parking to the rear. In addition, no business rates are applicable for this property.
Its location, positioned in close proximity to a busy neighboring fast food retailer, increases its desirability. Previously, the takeaway earned weekly takings of £3k without the use of any online platform.
Upon branching out to online platforms like Just Eat, revenue increased substantially, with weekly takings of between £6 to £7k. Regrettably, it is to be closed due to personal circumstances.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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