Regent Street, Hinckley
- Popular pizza takeaway originally established in 1985
- Situated in a prominent position on Regent Street
- Fully fitted kitchen
- Potential opportunities for business expansion
- NIA - 1,426 sq ft (132.5 sq m)
Business
For Sale: £75,000
1,426 Sq Ft (132.48 Sq M)
Description
BUSINESS FOR SALE ONLY. Ponchinellos is a well established pizza takeaway, established in 1985 and located in a prominent position on Regent Street in Hinckley town centre.
The accommodation comprises a servery, kitchen area, preparation room, storeroom and external store.
The business offers potential opportunities for expansion by way of increased opening hours, online ordering and card payments.
Location
The property is located on Regent Street, a secondary parade within Hinckley town centre. The surrounding area comprises predominantly retail/leisure uses, with nearby occupiers including Keysound music shop, Scope, LA Nails & Beauty Spa and a variety of other predominantly independent retailers. Hinckley's recent retail/leisure development 'The Crescent' is 150m from the property with tenants including Cineworld, Sainsbury's, TK Maxx, Poundland, Loungers, Prezzo and Wildwood.
Hinckley is a market town with a population in the order of 55,000 (Local Authority 112,000) lying approximately 13 miles to the south west of Leicester. The town enjoys good motorway communications with Junction 1 of the M69 Motorway being located on the south eastern fringe of the conurbation approximately 2 miles from the town centre. Hinckley railway station is located approximately 600m from the property and provides regular commuter services to Birmingham New Street and Leicester.
Accommodation
| Size | Description | |
|---|---|---|
| Ground | 250 Sq Ft (23.22 Sq M) | Servery |
| Ground | 596 Sq Ft (55.37 Sq M) | Kitchen Areas |
| Ground | 55 Sq Ft (5.11 Sq M) | Preparation Room |
| Ground | 104 Sq Ft (9.66 Sq M) | Store |
| Ground | 421 Sq Ft (39.11 Sq M) | External Store |
Services
We understand mains gas, electricity, water and drainage are connected to the subject property.
Tenure
The business is for sale at a guide price of £75,000 to include stock, equipment and fixture and fittings. Trading accounts are available upon request for the consideration of seriously interested parties.
A purchaser of the business will be able to take a new lease over the premises at a commencing rental of £10,500 per annum exclusive, for a term of years to be agreed.
Legal Costs
As is standard, the ingoing tenant will be responsible for the landlord's legal costs incurred in the grant of a new lease and rent deposit deed.
Energy Performance Certificate
EPC Rating - B(48)