Hilton Smythe is delighted to welcome to the market this well-established and busy fish and chip shop in the town of Tipton, West Midlands.
The business was originally established in the 1970’s and has been in our clients’ careful ownership since 2014. Only now is the business being offered to the market due to our clients’ desire to concentrate on other business interests. The business currently operates 6 days per week and generates a turnover in the region of £104,000 per annum, with a good gross profit.
Our clients offer traditional fayre including fish and chips, scampi, sausages, pies, chicken nuggets, garlic bread, pizzas, kebabs and burgers, to name a few, as well as a selection of beverages. Our clients also offer a delivery service within the area. The modern purpose built unit was built approximately 4 years ago, although there has been a food based business on the site for many years. The property offers a spacious waiting and service area, as well as a large rear kitchen, which is fitted out to suit the trade.
The business has built up an excellent reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel the turnover could be increased by extending the opening hours and by operating on Sundays. A new owner could build up the pizza and delivery side of the business, as this has currently not been marketed and advertised, which offers exceptional scope for future development, there is also the possibility to explore outside catering.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
Star Fish occupies substantial ground floor premises, ideally located within the town of Tipton in the West Midlands. The property is surrounded by densely populated residential areas, from which the business derives much of its trade. The business benefits from off street car parking facilities to the side of the property, as well as free on-street parking. The property is situated on a bus route; therefore benefiting from a high volume of footfall and passing trade.
Tipton is a town in the borough of Sandwell in the West Midlands. According to the 2011 census, the town had a residential population of 38,777. The town is a very popular place in which to live and work, due to its close proximity to West Bromwich, Dudley and Wolverhampton.
The area of the property is very well served by the public transport system, with a bus stop directly opposite the business. Tipton railway station is approximately 1½ miles away. The area is also well served by the A-roads, with both the A461 and A4037 being within easy driving distance, which link to the national A-road and motorway networks. Dudley is approximately 3 miles away and Wolverhampton is 6 miles away.
Substantial ground floor premises, ideally located in a prime trading position, briefly comprising:
Duel aspect with large windows, creating a light and airy interior.
New feature menu boards.
Three pan fryer.
Bespoke counter/wrapping area.
Three pot Bain Marie.
2 x kebab machines.
New double pizza oven.
Glass fronted drink chiller unit.
Rear kitchen with:
Stainless steel preparation tables.
Twin stainless steel sink unit and drainer.
Hand wash basin.
Rear dry goods/freezer room with two chest freezers and perimeter shelving.
WC with wash hand basin.
Bright attractive signage.
Free car parking to front and side of property.
Secure yard to rear with double gates and brick built potato room with a chipper and potato rumbler.
We are advised Leasehold:
Original lease length: 5 years
Remaining lease length: 4 years
Review every: 3 years
Rent: £10,400 per annum
A new lease could also be negotiated.
The business is open:
Monday – Saturday: 12.00pm – 2.00pm and 4.00pm – 9.00pm
The business is currently manager run with 2 x part time staff members.
The business generates a turnover in the region of £104,000 per annum, with a good gross profit of 65%.
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