Fish and Chip Shop on main road with huge potential for further growth

  • £90,000
West Midlands, England
Fish and Chip Shop on main road with huge potential for further growth
West Midlands, England
  • £90,000

Overview

  • Fast Food Restaurants, Fish & Chip Shops, Kebab Shops, Takeaways Businesses (Other)
  • Tagline

Description

Mailbox Estates is delighted to present an exceptional opportunity: a traditional Fish & Chip Shop now available 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, southern fried chicken, pies and children’s meals.

THE OPPORTUNITY:
•Low rent of £989 per calendar month including accommodation
•Ideal for an experienced operator looking to expand but also perfect for a first time buyer due to its size and ease of operation
•Ability to start trading immediately
•Nil business rates

REASON FOR SALE:
•After owning the business for over 15 years since February 2009, our client has decided to offer it for sale due to their upcoming retirement.

LOCATION:
•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 road with a neighbouring off licence, barbers, laundrette and hairdressers.
•The shop benefits from easy access via a local bus route and is within walking distance of three primary/secondary schools, ensuring a steady flow of potential customers.

WEEKLY TURNOVER:
•Our client has informed us that the average weekly turnover is £5,000
•Just Eat sales account for approximately £1,000 per week

•No association with major brands Deliveroo and Food Hub. This indicates significant potential for business expansion and growth opportunities

ACCOMMODATION:
•The property includes a two-bedroom accommodation above the shop, featuring two double bedrooms. One of the bedrooms is en-suite with a shower. Access to the accommodation is through the shop.

TENURE:
•The site is offered by way of assignment of the existing lease with 18 years remaining and is renewable.

STAFF:
•The business is operated by the owner with the help of his son and 2 part time staff

TRADING HOURS:
•Monday – Friday 11:30pm -14:00pm and 16:00pm – 21:00pm
•Saturday 11:30am – 21:30pm
•Sunday 16:30pm – 21:00pm

FIXTURES & FITTINGS:
•The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price. All fixtures and fittings are owned outright.

INTERNAL:
•Main shop serving area leading to preparation area, storage, downstairs W.C and wash area

EXTERNAL:
•Rear delivery access
•Off road parking for easy collections

RENT:
•The rent per annum is £989.35 pcm

RATES:
•No business rates payable

LEGAL COSTS:
• The buyer is responsible for the landlord’s legal fees.

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

REGULATORY:
•A5 licence
•Gas and electricity service up to date with Certification

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

  • Area England, West Midlands

Details

Updated on February 2, 2025 at 8:18 pm
  • Price:

    £90,000

  • Property Type:

    Business, Fast Food Restaurants, Fish & Chip Shops, Food Service Businesses, Kebab Shops, Takeaways Businesses (Other)

  • Tagline:

    Fast Food Restaurants, Fish & Chip Shops, Kebab Shops, Takeaways Businesses (Other)

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