Traditional Fish & Chip Shop Est Since 1975

  • Leasehold Price: £115,000
  • Annual Turnover: £260,000
West Midlands, England, England
Seller Ref:DMBL
For Sale

Traditional Fish & Chip Shop Est Since 1975

West Midlands, England, England
Seller Ref:DMBL
  • Leasehold Price: £115,000
  • Annual Turnover: £260,000

Description

Mailbox Estates are pleased to offer a traditional Fish & Chip Shop for sale.

Our clients are now offering an opportunity for an existing operator or an ambitious entrepreneur to take over this already successful business. The takeaway offers a wide selection of foods from Fish, Kebabs, Burgers, sundries, pies and children’s meals.

This excellent fish bar sits within an ideal location and takes advantage of the passing foot traffic along with easy parking for collections. This business sits within a popular parade with a neighbouring convenience store, pet store, butchers, an aesthetics clinic and supermarket. There are free ample parking spaces directly outside. It is surrounded by a housing estate, upon a local bus route, and has 4 primary schools within walking distance.

The Opportunity:
*Est by the family since 1975 with many existing customers
*Very Low rent, £10,500 per annum.
*Well run Facebook page with over 1,500 followers
*Business website for direct App deliveries
*5* Food Hygiene Rating
*Option to add Just Eat and other delivery platforms for more exposure

Weekly Turnover:
*We have been advised by our client that the turnover is £5,000 per week on average.
*Delivery sales contribute to around £1,500 per week.
*With Telephone home deliveries and Uber Eats only covering a 1.5mile radius and no affiliation with brands like Just Eat, Deliveroo & Food hub there is a huge scope to build and grow the business further.

Tenure:
*The site is offered by way of assignment with 5 years remaining and an option to renew at the end of the term.

Rent:
*The rent per annum is £10,500.

Rates:
*The business benefits from Small Business Rates Relief.

Staff:
*The business operates with three full time members of staff, two part time and three delivery drivers.

Trading Hours:
*Monday – Wednesday 4:30pm – 8:30pm
*Thursday – Saturday 12:00pm – 2:00pm, 4:30pm – 9:00pm
*Option to extend the current trading hours or to take advantage of the trade and open on Sundays.

Internal:
*Internal area of 80 sqm (861 sq. ft)
*Main shop serving area, separate kitchen and preparation area plus a further chipper area

External:
*To the front of the building there are 15 designated customer parking spaces.

Fixtures and Fittings:
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price such as:
*4 Pot Bain-marie plus 2 Pot (dry)
*4 X Kebab Machines
*Stainless Steel Counters
*Tall Fridge Freezer
*Double Stainless-Steel chiller
*3 X Chest Freezers
*Chicken Machine
*4 Channel CCTV
*Microwave
*Electric Shutters

Regulatory:
*A5 License
*5*Food Hygiene Rating

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 shared equally.

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

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.

* DEPOSITS
*Successful applicants will be required to pay a non-refundable deposit.

Leasehold Terms:
* The site is offered by way of assignment with 5 years remaining and an option to renew at the end of the term.
Trading Hours:
* Monday - Tuesday 4:30pm - 8:30pm * Wednesday 12:00pm – 2:00pm, 4:30pm – 8:30pm * Thursday – Saturday 12:00pm – 2:00pm, 4:30pm – 9:00pm * Option to extend the current trading hours or to take advantage of the trade and open on Sunday
Number of Employees:
* The business operates with three full time members of staff, two part time and three delivery drivers.
Support and Training:
Hand over can be provided to ensure continued success
Location Details:
The business is located in the heart of Lichfield
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/48671-dmbl

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