High Turnover Fish and Chip Takeaway

  • Leasehold Price: £220,000
  • Annual Turnover: £416,000
West Midlands, England
Seller Ref:SVZ
For Sale

High Turnover Fish and Chip Takeaway

West Midlands, England
Seller Ref:SVZ
  • Leasehold Price: £220,000
  • Annual Turnover: £416,000

Description

Mailbox Estates present a High turnover Fish and Chip Takeaway with a reputable name and under staff management.

Traditional Fish & Chip shop situated on a bustling main road, enjoying a prominent position amidst local stores and businesses. With a weekly turnover of £8,000 and glowing online ratings and reviews, this business is highly esteemed and immensely popular within the local community

The Opportunity:
•Recently refurbished premises
•Efficiently managed by dedicated staff
•Well-established presence for over 3 years
•Enjoying high profit margins

Location:
•Situated on a bustling street near a residential area, attracting significant foot traffic and passing trade
•Adjacent to complementary retail establishments, including popular high street brands such as One Stop supermarket
•Well-maintained premises with clear, visible signage, enhancing its appeal to customers

Internal:
•Internal area of 113 sq.m (1216 sq. ft)
•Eye catching double frontage, good size customer reception area, frying area with 3 pan counter range, rear preparation/kitchen/wash-up area, potato room and storage room. Walk in Fridge and Freezer.

External:
•There is secure customer parking available to the side of the store
•Delivery access to the rear
•Garage included

Turnover:
•We have been advised by our client that the weekly turnover on average is £8,000
•The business is a member of Just Eat, Uber Eats and Deliveroo

Tenure:
•The site is offered for sale by way of assignment of the existing lease with 12 years remaining. Option to renew at the end of the term.

Trading Hours:
•Mondays – Thursdays 12:00pm – 9:30pm
•Fridays – Saturdays 12:00pm – 10:00pm
•Sundays – Closed
•The store is licenced to open seven days

Staff:
•The business is run and managed by staff with two full time and seven part time

Rent:
•The rent per annum is £18,000. ( Includes Service charge )

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

Rates:
•There are no business rates payable.

Legal Costs:
•Each party to be responsible for their own legal costs in connection with the sale.
•Landlord’s legal fees are the buyers and sellers responsibility and are to be payable equally.

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

Regulatory:
*A5 Licence

Viewing Arrangements:
•Mailbox Estates highly advise early viewing to avoid disappointment.

*****THIS IS A CONFIDENTIAL SALE, PLEASE DO NOT APPROACH STAFF OR THE VENDOR, PLEASE VISIT AS CUSTOMER ONLY.*****

Deposit:
The successful buyer will be required to pay a non-refundable deposit.

Leasehold Terms:
* The site is offered for sale by way of assignment of the existing lease with 12 years remaining. Option to renew at the end of the term.
Trading Hours:
* Monday - Thursday 12:00pm - 9:30pm * Friday - Saturday 12:00pm - 10:00pm * Sunday - Closed * The store is licenced to open seven days.
Number of Employees:
* The business is run and managed by staff with two full time and seven part time.
Support and Training:
Handover can be provided to ensure continued success
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation
Website address:
https://www.mailboxestates.co.uk/commercial-sales/area/restaurant/50567-svz

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