Ref 6389 – Leasehold Takeaway Blacks Brokers are pleased to bring to the market this leasehold takeaway located in a busy area of Rochdale, Greater Manchester. Introduction
Fatty's Fried Chicken has been trading on Eskdale Avenue since 2017 when our client took ownership of the business. The business has a fantastic refurbished shop front and seating area and currently offers Fried Chicken, Pizza, Milk Shakes and Deserts all under one roof. The business has become well known in this residential area and with additional advertising the business takings could be boosted further. There is a good social media presence and excellent reviews in place. Location
The business is positioned within a small parade of shops in a busy residential area of Rochdale. The area is well linked by the M62 and free parking is available immediately outside. The business is also in close proximity of the local schools and public park which boasts high footfall. There is little competition in the surrounding area and the public transport links are also excellent. Reason for sale
The current owner is offering the business for sale due to other commitments. 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 three years and began in 2017 at a cost of only £100 per week. The current landlord is fully flexible with the lease and would be happy to extend should a new owner wish to have a longer lease agreement. Building layout and design
Fatty's Fried Chicken operates from the ground floor of a large, mid terraced property with large signage displayed above a fully glazed frontage. Inside, the main takeaway is colourful and well presented with large, refrigerated display counter, ice cream display unit and menu boards displayed. The kitchen is positioned to the rear of the premises and is well equipped with pizza oven, fridges, freezers and stainless steel worktops in place. There is also a toilet and storage room. Each area is finished well and presented to a good standard. Staff
The business is currently operating with our client on a full time basis, along with a delivery driver who also helps in the shop. Financial details
Fatty's Fried Chicken has traded solidly since opening. We are advised that the business currently has annual turnover of £100,000. Full financial details are available upon viewing. It is to be stressed that the business is currently being run at a pace to suit and there is plenty of scope for expansion. Business rates
The business is exempt from business rate. Summary
This leasehold business is well established and priced for a quick sale. There is plenty of scope to develop the business further with the introduction of new cuisine choices and a marketing drive. This proposition would be equally suited to an owner operating team or new start-up purchaser due to such an appealing asking price, looking to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £10,550.
New Church Court, Elizabeth Street, Whitefield, Manchester M45
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