Fish & Chip Shops for sale in Oldbury

View the "Well Established Fish & Chips/Takeaway in Oldbury" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Well Established Fish & Chips/Takeaway in Oldbury

Oldbury, West Midlands, England

  • Leasehold Price: £99,950
  • Annual Turnover: £234,000
  • Annual Gross Profit: £150,000
Seller Reference: 5944
Request DetailsEmail email
Business Description
 
 
 
 
 
Image 1 of 5 video_library
Seller Reference: 5944
Request Details
Business Description
Projected Annual Turnover (2019/20) £234,000
Projected Gross Profit (2019/20) £169,000
Long Lease Available
Closed On Sundays
Strong Online Presence
EPC - D
REF 5944 – Leasehold Fish & Chips/Takeaway With Accommodation

Blacks Brokers are proud to bring to the market this leasehold fish and chips shop and takeaway with accommodation located in the much sought-after area of Oldbury, West Midlands.

INTRODUCTION

Chip & Whale has been trading on Dudley Road West for over 25 years, with our client in ownership since 2015. The business is well-renowned for top quality fish and chips, pizzas and other takeaway choices at competitive prices and even offers delivery. During this impressive trading history, the business has firmly established itself within the local community, having gained a large customer base and superb reputation.

LOCATION

Chip & Whale is positioned on a busy main road in a densely populated residential area, parking is available directly outside with a selection of other complementary businesses close by.

REASON FOR SALE

Chip & Whale is only being offered for sale as our client under estimated the demand for the business and it has now become of a size that would suit a team of people rather than a single hands-on owner operator.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 19 years with rent reviews every 3 years. The current lease began in 2015 at a cost of £12,500 per annum.

BUILDING LAYOUT AND DESIGN

Chip & Whale is housed within the ground floor of a mid-terraced property within a parade of shops and residential properties. The business has striking signage and branding on display above a fully glazed frontage. Inside, the main customer servery and waiting area is well presented and overlooks a large, stainless steel servery counter with electronic menus displayed above. To the rear is a large preparation area and very well-equipped kitchen complete with pizza ovens, donner machines, chipper, rumbler and much more.
The first floor houses a small, one bedroom accommodation with shower room.
All areas are presented well..

STAFF

Chip & Whale is currently operating with only our client in employment.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Chip & Whale has traded solidly over its trading history. Projected Annual Turnover (2019/20) £234,000 Projected Gross Profit (2019/20) £169,000.

SUMMARY

This leasehold business has been trading for many years and is well loved within this community offering a good range of menu choices. There is plenty of scope to develop the business further with the re-introduction of Sunday opening and a large marketing drive. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
2 Pan range

2 Pot Bain Marie

4 Pot Bain Marie

3 x Donner machines

Drinks display fridge

Pizza oven

3 Door Pizza topping fridge

4 Burner cooker

Microwaves x 2

Two bowl stainless steel commercial sink

Pressure fryer

Tandoori Oven

St St Pizza Fridge

2 x freezers

Fridge

Washing machine

Extraction canopy

Menu board illuminated

Electric roller shutters

Chipper

Rumbler

#Base units
Worktops
Some stainless steel wall cladding
Flat Screen TV
CCTV
Hand wash
Trading hours:
MON-THU: 12:00 - 14:00 / 14:40 - 22:30
FRI & SAT: 12:00 - 22:30
SUN: CLOSED
Tenure:
Leasehold
Location Details:
Oldbury
Leasehold Term:
£240 Per Week
Downloadable Documents:
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image