Ref 6061 – Leasehold Pizza Takeaway Blacks Brokers are proud to bring to the market this leasehold pizza takeaway located in a busy and densely populated area of Maghull, Merseyside. Introduction
Papa Jeets Perfect Pizza has been trading since 2012 with our client in ownership since opening. The takeaway has become very popular in the local area and gained a large base of regular customers. Location
The business is positioned well within a very busy shopping parade close to many other shops and complementary businesses. The area is well linked by the A58, linking Liverpool with Maghull, Ormskirk, and PrestonKirkby is also close by and public transport links are excellent in the area. Parking is available to the rear of the shop. The area is under mass development with a local housing estate currently being built with 500-600 new properties planned. Reason for sale
Papa Jeets Perfect Pizza is only being offered for sale due to our client’s retirement. Lease
The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is 10 years with rent reviews every 5 years. The current lease began in 2014 at a cost of £384 per week. Building layout and design
The business is housed within the ground floor of a well-presented retail unit which is positioned within a busy shopping parade. The business is well branded with clear signage displayed above a fully glazed frontage. Inside the customer servery and waiting area is large with counter in place and open plan kitchen area to the rear. The kitchen and food preparation area is well-equipped with good quality fixtures and fittings in place. There is also a staff toilet and wash facilities. All areas are presented well. Staff
Papa Jeets Perfect Pizza is currently operating with three members of staff in employment in addition to our client. Financial details
Financial details are available upon a viewing of the business and Papa Jeets Perfect Pizza has traded solidly over its trading history. The business generates weekly takings of £2,000 with gross profits of 64%. Summary
This leasehold business is well-established and has a good base of regular, local customers in place. There is plenty of scope for expansion into other food lines such as chicken and kebabs along with a delivery service and longer opening hours. This proposition would ideally suit an owner-operating team able to continue to drive this business forward. Early viewings are strongly advised. Business: £29,995.
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