Fish and Chip Shop Fully Kitted out High Turnover

  • Leasehold Price: £200,000
  • Annual Turnover: £520,000
Birmingham, West Midlands, England
Seller Ref:CS0161
For Sale

Fish and Chip Shop Fully Kitted out High Turnover

Birmingham, West Midlands, England
Seller Ref:CS0161
  • Leasehold Price: £200,000
  • Annual Turnover: £520,000

Overview

Seller Ref: CS0161

Description

Mailbox Estates offer an exciting opportunity to acquire a freehold long standing and well-run traditional fish and chip shop.

The Opportunity:
•Weekly turnover in excess of £10,000
•Nil Business Rates
•Two bedroom flat with rental income of £800.00 per month
•5* Food Hygiene Rating

Reason For Sale:
•Our client is selling this business in order to focus on other business interests that are geographically closer to home

Location:
•This excellent fish bar is located on a busy street close to a residential area, upon a local bus route and benefits from high levels of footfall and passing trade
•The shop sits alongside other complimentary retail businesses including several well-known high street names
•The store is well presented and maintained, with clear visible signage

Internal:
•Internal area of 158 sq.m (1700 sq. ft)

External:
•There is secure customer parking available to the front and rear
•Delivery access to the rear

Weekly Turnover:
•We have been advised by our client that the weekly turnover on average £10,000
•The business is a member of Just Eat, Uber Eats and Deliveroo

Tenure:
•The business is offered for sale with the freehold

Trading Hours:
•Monday – Thursday 12:00pm – 9:30pm
•Friday – Saturday 12:00pm – 10:00pm
•Sunday – Closed

Staff:
•The business is run and managed by one full time and five part time members of staff

Accommodation:
•Included in the sale, a two bedroom flat that benefits from separate access. Currently rented out for £800.00 per calendar month but may be vacant upon possession if required

Fixtures and Fittings:
•The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.

Rates:
•Purchasers should enquire with relevant local authorities to confirm the rates payable

Legal costs:
•Each party to be responsible for their own legal costs in connection with the sale

Trading Information:
•Full accounts will be made available to seriously interested parties after they have viewed the business

Regulatory:
•A5 Licence
•5 Food Hygiene Rating

Viewing Arrangements:
•Mailbox Estates highly advise early viewing to avoid disappointment
•Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT’S STAFF.

DEPOSIT:
•Successful Applicants will be required to pay a non-refundable deposit.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
NA
Website address:
https://www.mailboxestates.co.uk/commercial-sales/area/restaurant/52276-pype

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