Situated In A Nice Residential Area
Superbly Fitted & Presented Throughout
Same Owner Since 1983
Taking £4,500 per week
Leasehold Price £127,000
Situated in a parade of six shops in a nice residential area of west Wolverhampton, the double fronted shop is spacious and fitted out to a very high standard throughout. There is car parking to the front and rear of the business.
The modern and attractively presented Sales/Serving Area (5.5m x 4.9m) has a suspended ceiling with concealed lighting, terrazzo type flooring and is fully wall tiled. Fixtures and fittings include 3 pan range, three kebab machines, 6 pot bain marie, upright drinks chiller, illuminated menu board, insect killer unit, cash register etc. CCTV is installed.
Leading to a well fitted Kitchen having 4 hob cooker, microwave, chest freezer, insect killer unit, stainless steel work table, deep bowl sink, hand wash basin etc. To a Potato Room with chipper, peeler, upright fridge and upright fish fridge. Off is a Stock Room with chest freezer.
There is no living accommodation.
This superior fish & chips shop that has been in the present owner’s hands since 1983 and is now only on the market due to his retirement plans. There is scope to open a little later in the evening.
Our Client Informs Us That:
Takings and Profitability:
Retail takings are around £4,500 per week with the usual high gross margins associated with the trade. Accounts show net profit, after expenses, of around £50,000 per annum.
12.00midday – 2.00pm & 5.00pm – 10.00pm Monday to Wednesday.
12.00midday – 2.00pm & 4.30pm – 10.00pm Friday & Saturday
Three part time staff are employed.
Leasehold. Held on a 15-year lease from 2018 at a present rent of £19,000 per annum.
£127,000 plus stock at valuation for the lease, business, fixtures and fittings.