Mailbox Estates is pleased to present an exceptional opportunity to acquire a Freehold property in Tamworth. This property features a high-turnover Fish and Chip shop along with accommodation, offering a unique investment prospect.
The establishment operates as a traditional fish and chip shop, offering a diverse menu that includes fish, kebabs, savoury items, wraps, naans, and Southern Fried Chicken.
This opportunity represents an exceptional investment prospect, attracting aspiring restaurant owners and property investors alike who seek a secure income stream through leasing the premises.
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Furthermore, there’s an opportunity to acquire the Freehold property with a 20-year lease, ensuring a steady stream of rental income. Additionally, the property can be rented out on a room-by-room basis privately, providing even greater potential for rental income.
Reason For Sale:
•Established for over 40 years and under our client’s ownership since 2021, this Freehold gem is now being offered for sale due to family commitments.
The Opportunity:
•Rare Freehold detached property in a desirable trading position
•Accommodation included
•High turnover with potential for growth with delivery platforms
•Current owner happy to offer a handover to ensure the continued success
•5 Food Hygiene Rating
Location:
•Occupying a valuable trading position where premises are always in demand and rarely become available
•Adjacent is a Co-op supermarket, a local bus stop and a very busy Pub.
•Bold signage is displayed above the width of the shop with an entrance door and large glass window that floods the store with natural light.
Turnover:
•We have been advised by our client that the turnover is £6,500 per week.
•Huge opportunity to increase profits by introducing a delivery service with Just Eat or Uber Eats etc or offering Pizzas.
Staff:
•The business is run and managed by the owner with the help of three part time members of staff.
Internal:
•Staff Washroom
•Rear access leads to preparation room and secure Garden and car spaces
External:
•Secure owner parking ( 5 spaces ) at the rear and on street customer parking.
Fixtures and Fittings:
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price such as:
•3 Pan Tom Preston Range
•Double Archway Kebab Machine
•Bold Chipper / Peeler
•Epos System
•CCTV
•4 Pot Baine Marie
•Stainless Steel Microwave
•Coca Cola drinks chiller x 2
•Salad Counter Bar
•Steel Fridge
Please note any items that are owned by a third party or personal to our clients will be exempt
Accommodation:
•Living quarters are located above the shop which is centrally heated and double glazed and is in excellent condition throughout.
•The ground floor compromises:
-Day room
-Large hallway with a front entrance door
-Generously sized fitted kitchen/diner
-Spacious lounge/dining room
-Utility room
-Cloak room
•The upper floor compromises:
-Master Bedroom with fitted wardrobes and an en-suite shower room
-Two spacious Double bedrooms, one of which includes fitted wardrobes
-Additional bedroom
-Family bathroom equipped with a bath, shower, W.C and airing cupboard
Opening Hours:
•Monday – Saturday 12.00am – 2:00pm then 4:30pm – 9:30pm
•Sunday – closed
Rates:
•Purchasers should enquire with relevant local authorities to confirm the rates payable.
Tenure:
•The freehold property is offered for sale including the business, fixtures and fittings and equipment.
Legal costs
•Each party to be responsible for their own legal costs in connection with the sale.
Regulatory Licence
•A5 Licence
•5 Food Hygiene Rating
Trading Information
•Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises.
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.
