Taking £2,000 per week with Lots of Potential For More
Well-Fitted Shop with Self-Contained Living Accommodation
Leasehold Price £79,500
Description and Trade:
A long established Fish & Chip Shop occupying a prominent corner position in a residential area of Birmingham.
The Business sells Fish & Chips, Kebabs, Burgers, Breakfasts, Hot & Cold Sandwiches, Pasta and Salads, all for taking away, and has been in the present owner's hands for many years.
Bright and well-presented Sales & Serving Area (around 185 sq. ft.) with suspended ceiling and tiled walls & floor.Preparation Room; Potato Room; Storage Rooms/ Kitchen; w.c; rear lean-to Verandah to Garden
Fixtures and fittings include: 2-pan frying range, double kebabs machine, chilled drinks cabinet, bain marie, microwave oven, rotisserie, air extraction canopy, grill, gas oven, fridge & freezer equipment, peeler, chipper and other ancillary equipment for the trade.
The Premises are protected with roller shutters to front windows and CCTV system.
Above the Shop is a self-contained Flat with one bedroom, which is let and earning rental income of £110 per week (£5,720 per annum).
A super business with lots of untapped potential. Takings and profits could be increased by extending trading hours, introducing a local delivery service, and offering a Halal menu to the local residents.
Our Client Informs Us That:
Takings and Profitability:
Takings are, on average, £2,000 per week, with the usual High Gross Profits associated with the trade.
Monday to Friday: 9.00am - 2.00pm and 5.00pm - 9.00pm
Saturday: 9.00am - 11.00am
The Business is operated by a husband & wife team, with the help of two part-time assistants.
A new negotiable-term lease is offered with 3-yearly review dates and a commencing rent payable of £12,000 per annum for the whole property.
£79,500 plus stock at valuation for the new Lease, Business, Fixtures, Fittings and Equipment.
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