Leasehold Mexican Takeaway Located In Leamington Spa
Suitable For Different Cuisines
A5 Consent
Ref 2864

Location
This respected leasehold Mexican Takeaway is located in Royal Leamington Spa. Situated within a prominent and highly visible trading position on the Brunswick street. The immediate area offers other retail businesses along with industry and an abundance of residential properties, all of which bring high levels of footfall to the area. The town boasts wide boulevards, Georgian and Edwardian architecture, award-winning parks which provide a sophisticated backdrop to this Regency shopping paradise. Often described as 'the best bits of London, all in a ten-minute walk', Leamington town centre combines a treasure-trove of independent, specialist boutiques with all the national chains you would expect to find in a large city. With an impressive array of entertainment venues, a rich choice of restaurants and some of the country's best spas and salons, we're certain you will find it one of the most appealing towns in the UK.

Leasehold Asking Price: £89,950 plus SAV (1,000)

Business Description
Veritas Business Sales offer to the market this leasehold Mexican Takeaway which is located in Leamington Spa. The business has been established for 15 years and has been in the careful hands of our client for the past 4 ½ years.
Since ownership he has kept the premises in good order and there has been continual investment in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Casa Rica is owner operated with the help of 1 part time member of staff and a couple of delivery drivers. They serve quesadillas, nachos, loaded potato skins, wraps, tacos, burritos, chimichanga, enchilada, fajitas, chilli con carne, tortilla bowls, salads, burgers, fries, pizzas, sides, desserts and cold drinks. The weekly turnover is circa £6,500-£7,000 with approximately £1200 per week via Food Hub with the remaining £5,300-£5,800 deriving from the online delivery portals Just Eat, Deliveroo and Uber Eats.
We believe that the site lends itself to a variety of different cuisines should a new owner wish to change the food offering. This is a superb opportunity to purchase a fully fitted takeaway where all the hard work has been done, which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday - Thursday - 5:00pm - 11:00pm
Friday & Saturday - 3:00pm - 1:00am
Sunday - 3:00pm - 11:00pm

Leasehold
Term: 15 years (New lease available)
Remaining: 11 years
Reviewed: 4 yearly
Rent: £9,360 pa
Rates: zero

Ground Floor
Takeaway area with serve over sales counter and EPOS till system.
Hallway with upright drinks fridge, storage racking and 2 x chest freezers.
Kitchen comprising: 2 deck pizza oven, griddle, 3 basket deep fat fryer, extraction canopy, 6 pot wet bain-marie, 5 pot wet bain-marie, stainless steel table, stainless steel worktop with 2 door undercounter fridge, saladette and understairs storage cupboard.
Preparation room with stainless steel dual sink with drainer, stainless steel wash basin, metal storage racking, hot water boiler (Ferroli), 2 x upright fridges, chest freezer, metal shelf, 2 x stainless steel tables, rice cooker, 2 x microwaves and wall mounted paper towel dispenser.
W/C with wash basin.
Numerous food warming bags are included.

External
Small yard to the side frontage.

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

No longer on the market

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