Restaurants and takeaway properties on the market across the West Midlands for less than £50,000
There's a range of cheap takeaways and restaurants currently on the market for aspiring business owners to take over across the region.
Property website Zoopla has posted listings for seven properties across the Black Country and Staffordshire which are available to either buy the leasehold or buy outright for less than £40,000.
The cheapest listing is for pizza business Le-Italiano, which has been a part of Darlaston's high street for years and has enjoyed a steady stream of customers, for a low price of £20,000.
The takeaway on Victoria Road has been put on the market by estate agents Empire Estates due to the previous owners' health-related circumstances and has been listed as an investment opportunity for any aspiring entrepreneur looking to build a business.
The description on Zoopla also pointed to the place having high foot traffic, which ensured visibility and accessibility to customers.
Anyone looking to take on the takeaway would purchase fixtures and fittings and take on a new lease with a minimum of three years, as well as a monthly rental fee of £700 and the potential for small business relief.
The leasehold on The Old Dresser Restaurant and Cafe on Bearwood Road in Smethwick has been listed for £25,000 by Silverwood Estate UK Ltd.
The cafe is clearly visible from the street and by other shops and comprises of a large front shop which has seating eat in area the kitchen and the storage at the back. The cafe is well decorated and attractive.
Silverwood Estate said the buyer will receive a new lease after purchased, with rent of the property around £575 per month and a weekly turnaround of sales of around £2,000 per week without advertising, while all of the appliances and equipment are included in the price.
