Well-equipped, high-turnover takeaway with flat above and catering growth potential.
Turnover approaching £500,000 per year
Well-established take-away and outside-catering business in central Norwich, offered as a leasehold sale including goodwill, fixtures, fittings and equipment. The operation is staff-led with an in-house delivery team, online ordering via its own app and website, and a 5-star food hygiene rating — all supporting a high weekly turnover and repeat trade. The sale also includes a 3-bedroom, two-storey duplex flat above, useful for an owner-operator or rental income.
This business suits an investor or hands-off owner looking for an income-generating hospitality asset with immediate trading history. Key running costs are transparent: current rent £18,000 pa, qualifying for Small Business Rate Relief (nil rates payable presently), and a staffed team of 14 in rotation. There is clear scope to grow the catering/events side and to increase delivery or daytime trade through marketing or menu expansion.
Buyers must note material considerations: the business transfers as a leasehold with 17 years remaining — shorter leases can limit mortgage options and some lenders may refuse lending. The area records very high crime levels, which could affect insurance costs, staffing and late-night trading. The premises are electrically heated and rely on electricity tariffs; prospective purchasers should verify service and equipment condition and confirm stock valuation at completion.
Financials, location details and full accounts are available on completion of a non-disclosure form. Interested parties should commission their own due diligence on trading figures, lease assignment costs, and insurance implications before offer.
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