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Restaurant/cafe for sale

£35,000

7 Becketwell Lane, Derby DE1

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well-established and busy takeaway business in the delightful city of Derby, Derbyshire.

The business was established in the 1990’s and has been in our client’s careful ownership since 1995. Only now is the business being offered to the market due to our client’s desire to concentrate on other business interests. The business currently only operates three days per week and generates a turnover in the region of £141,000 per annum, with a good gross profit.

Our client offers a wide variety of fayre including pizza with various toppings, kebabs, chips etc. The premises are maintained to a very high standard and very well presented. The business has built up an enviable reputation within the area for the high quality of the food and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We are advised that the area opposite the business is due to be redeveloped and suggestions include a leisure centre, a shopping centre or a supermarket, which would massively increase the footfall in the area.

We feel there is scope to increase the turnover by extending the opening hours as it is currently run at a pace to suit our client. A new owner could also embark on a modest marketing campaign to promote the goods and services offered. The business would also benefit from the launch of a website, which could include online ordering facilities.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Location
A.B. Fast Food occupies substantial corner premises, ideally located within the centre of Derby city centre in Derbyshire. The business is situated within a small parade of complimentary shops and businesses and benefits from a high volume of footfall and passing trade. The business further benefits from good car parking facilities within the area, with a pay and display car park within easy walking distance.

Derby is a popular city within the East Midlands region of England. It lies on the banks of the River Derwent in the south of the county of Derbyshire. According to the 2011 census, the city had a residential population of 248,700 and 1,543,000 in the wider metro area. The town is an internationally renowned centre for advanced transport manufacturing, and is home to the world’s largest aero-engine manufacturer, Rolls Royce.

The area of the business is very well-served by the public transport system, with several bus stops within easy walking distance of the property. Derby railway station is approximately one mile away. The area is also well served by the a-roads, with both the A601 and A516 being within easy driving distance, which link to the national a-road and motorway networks. Burton-on-Trent is just over 11 miles away and Nottingham is 15 miles away.
Premises
Substantial corner premises in a town centre location, briefly comprising:

Ground floor with:

Large windows to front and side creating a light and airy feel.

Easy clean tiled flooring.

Serve over counter with electronic cash register.

6 x pot salad bar.

9 x pot Bain-Marie.

Twin pizza oven.

Glass fronted drink chiller unit.

2 x double kebab machines.

Twin fryer.

Walk-in chiller unit.

Walk-in freezer.

Tandoori oven.

4 x burner gas hob.

Stainless steel preparation tables.

Double stainless steel sink unit and drainer with storage beneath.

Full extraction system.

WC.

Office.

Potato room with chipper and rumbler.
Tenure
We are advised Leasehold:

Original lease length: 15 years

Remaining lease length: 7 years

Review every: 5 years

Rent: £15,000 per annum
hours
The business is open:

Monday – Wednesday: Closed

Thursday – Saturday: 9.00am – 4.00am

Sunday: Closed
staff
The business is owner run and managed with 10 x casual staff members.
Financial profile
The business generates a turnover in the region of £141,000 per annum, with a good gross profit.

What Zoopla users think of Derby

Overall rating:

  • currently 4 stars
Very good - 78% (133 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Derby (0.8 miles)
  • Peartree (1.6 miles)
  • Spondon (2.9 miles)
  • East Midlands Airport (8.9 miles)
  • Birmingham International Airport (34.3 miles)
  • Coventry Airport (38.2 miles)
  • Liverpool Pier Head Ferry Terminal (71.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (71.4 miles)
  • Woodside Birkenhead Ferry Terminal (71.5 miles)

Nearby schools

View all schools in Derby
  • Becket Primary School (0.4 miles)
  • St Joseph's Catholic Primary School, Derby (0.6 miles)
  • St James' Church of England Aided Infant School (0.6 miles)
  • Derby College (0.8 miles)
  • Derby Manufacturing UTC (1.1 miles)
  • Repton School (6.4 miles)
  • Landau Forte College (0.5 miles)
  • Kingsmead School (0.5 miles)
  • The Bemrose School (1.0 mile)
Note: Distances are straight line measurements

Local info for Derby

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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