Popular Fish and Chip Shop in a Desirable Location

  • £55,000
Wolverhampton, West Midlands, England
Popular Fish and Chip Shop in a Desirable Location
Wolverhampton, West Midlands, England
  • £55,000

Overview

  • Business, Food Service Businesses, Fish & Chip Shops,Fast Food Restaurants, Fish & Chip Shops, Pizza Takeaways and Delivery Shops, Takeaways Businesses (Other)
  • Property Type

Description

Mailbox Estates is excited to present a well-established Fish & Chip Shop to the market. With an exceptional reputation and a loyal customer base developed over the past 20 years, this business offers a fantastic opportunity for potential buyers.

The shop operates as a traditional takeaway and has recently undergone extensive refurbishment, showcasing a modern and contemporary style.

THE OPPORTUNITY:
* Newly opened Heron Foods next door occupying more than 3,000 Sq.ft with footfall to increase massively
* Delivery Partnerships: The business is partnered with Just Eat, Deliveroo, Uber and also has its own website and App.
* Nil business rates
* Free and convenient customer parking
* Recently refurbished, so there’s no need for additional expenditures, allowing full focus on the store’s operations

REASON FOR SALE:
* The owner is selling due to the need to dedicate full attention to other business commitments

TURNOVER:
* Our client has informed us that the average weekly turnover is between £2,500 and £3,000

RENT AND OTHER UTILITIES:
* Total rent and utilities amount to £35,000 per annum.
* This includes unlimited use of electricity, waste disposal, broadband, and service charges.

TRADING HOURS:
* Monday – Friday 12:00pm-20:00pm
* Saturday 15:00pm-20:00pm
* Sunday: Closed

STAFF:
* The business is run by 2 full-time staff and 1 driver

MAIN SHOP:
* TV Menu Boards, Online CCTV, and a front car parking area for customers.

FIXTURES & FITTINGS:
* 5 TV Menu Display Screens
* EPOS System Till: Integrated into the website and APP
* 2 double-large fridges
* 2 Archway Kebab Machines
* Kebab machine cutter
* Gas griddle for burgers
* Tandoor
* Pizza oven
* 1 smaller fridge
* 1 chest freezer
* 6 pan bain marie
* 3 pan fryers
* Valentino fryer, 2 pan
* Potato peeler
* Potato chipper
* Commercial microwave
* Batter mixer
* All fixtures and fittings are included within the sale price.

REAR SHOP AREA:
* Large storage room
* Open-plan area with ample preparation space
* Large pot washing area space
* Separate W.C. leading to wash room

EXTERNAL:
* Shared Car park up to 35 spaces for customers.
* Rear loading access.

TENURE:
* The site is offered by way of assignment of the existing lease with 15 years remaining on a renewable lease.

RATES:
* The business benefits from Small Business Rate Relief.

ACCOMMODATION:
* The business is being offered for sale as a lock-up; therefore, no accommodation is available.

REGULATORY:
* A5 Licence

LEGAL COSTS:
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord’s legal fees are the vendor’s and buyers responsibility. This will be shared equally and payable by both parties.

TRADING INFORMATION:
* Trading information will be made available to genuinely interested parties who have signed a non-disclosure Disclosure Agreement and viewed the premises.

VIEWING ARRANGEMENTS:
* Mailbox Estates highly advises 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.

Details

Updated on January 5, 2025 at 5:36 am
  • Price:

    £55,000

  • Property Type:

    Business, Food Service Businesses, Fish & Chip Shops,Fast Food Restaurants, Fish & Chip Shops, Pizza Takeaways and Delivery Shops, Takeaways Businesses (Other)

  • Tagline:

    Fast Food Restaurants, Fish & Chip Shops, Pizza Takeaways and Delivery Shops, Takeaways Businesses (Other)

  • Annual Turnover:

    £136,000

  • Website:

    https://www.mailboxestates.co.uk/commercial-sales/area/restaurant/64233

Find out more about this business opportunity:

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