Restaurants for sale in Birmingham

View the "FISH & CHIP SHOP IN KINGSTANDING, BIRMINGHAM" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I’m really happy having just sold my online business within 2 weeks of advertising on Daltons 

Sarah Davies (June 2014) View More
Leasehold Price: £89,950 Price Reduced Annual Turnover: £218,400
Request Details
Business Description
Very Spacious Premises

Indoor Seating for 14 Persons

High Rental Income From Flats, Therefore Effectively RENT FREE

Includes 3 Self Contained Flats

Leasehold Price £89,950

Description:

A prominent corner sited and well fitted business situated at a very busy road junction in a local shopping area. It has the benefit of ample immediate parking facilities for customers.

Premises:

The very spacious Sales/Customer Area has a suspended ceiling with concealed lighting, terrazzo type flooring, fully tiled walls, and seating for around 14 persons. Fixtures and fittings include 3 pan range, four kebab machines, two x 4 pot bain maries, chilled salad dispenser cabinet, heated pie cabinet, microwave, coffee machine, double upright drinks chiller, cash register etc.

Leading to a spacious Kitchen having 4 hob cooker, southern fried chicken cooker and cabinet etc. Off is a shelved Office Area. To a Potato Room with chipper and peeler, and a Fridge Room with ample refrigeration units. To the rear is an enclosed yard with rear access.

Comments:

An excellent business having a desirable trading location

The Business Premises is Rent Free after taking into account the rental income received from the flats.

Accomodation:

The self contained and double glazed accommodation comprises:

FLAT 1 – Kitchen/Lounge; double Bedroom with ensuite.

FLAT 2 – Lounge/Bedroom; Kitchen; Bathroom.

FLAT 3 – Kitchen/Lounge; Bedroom with ensuite.

The accommodation is let giving an extra income of £16,800 per annum.

Our Client Informs Us That:

Takings and Profitability:

Retail takings are around £4,200 per week with the usual high gross margins associated with the trade.

Trading Hours:

12.00 midday – 9.00pm Monday to Saturday.

Closed Sundays and bank holidays.

Tenure:

Leasehold. Held on a 25-year lease from 2002, with 3 yearly reviews, at a present rent payable of £16,000 per annum for the business and accommodation flats.

PLEASE NOTE: There is incoming rental income of £16,800 per annum from the flats. Thus earning a net rental income of £800 per annum.

Price:

£89,950 plus stock at valuation for the lease, business, fixtures and fittings.

 

Tenure: Leasehold

Listed by: Everett Masson and Furby
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

CF31616K
Seller Reference:
Bookmark and Share
You May Also Like...
loading...