Property Information
Address:
England: West Midlands
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Leisure, Restaurant, Shop, Businesses For Sale,
Property Ref/Movehut: MH590064
Property Ref/Agent: 4684
*Please use the agent ref when calling the agent directly.
Property description
Exceptionally Long Established Business
Award-Winning Fish & Chip Shop with an Excellent Local Reputation
Large Shop with Impressive Triple Shop Front
Includes 20-Seater Restaurant
High Takings £6,000 per week
60% Gross Profit Margin
Mainly Staff Operated
Leasehold Price £174,950
Description and Trade:
A successfully operated and highly profitable Fish & Chip Shop situated in a prominent trading position on a busy main road. The Business has been in the same family’s hands for two generations, has built a fine local reputation and is now offered for sale due to the owner’s pending retirement.
The Shop is fitted to a high standard, and has a dining area with tables and seating for around 20 diners.
The menu comprises: traditional Fish & Chips, Kebabs, Burgers, Pizza, Southern Fried Chicken, Vegetarian options and some Indian Foods, all for eating-in or taking away. A few local deliveries are also undertaken.
There are good customer car parking facilities to the rear.
Premises:
Entrance door to the Sales & Serving Area with suspended ceiling and tiled walls & floor.
Easy access to the Dining Area with tables & seating for 20 diners and customer w.c.
Preparation Area/Kitchen; Potato Room to rear; w.c.
There is a comprehensive inventory of equipment included in the sale: long chilled cabinet, five pan frying ranges (including one island range), gas cooker, salad bar, double kebabs rotisserie, microwave ovens, pizza oven, stainless steel sink and work surfaces, peeler, chipper, ample fridge & freezer equipment and other equipment for the trade.
Accommodation:
There is a house next door and two flats available for rent under separate negotiation with the landlord when available.
Comments:
This is a rare opportunity to acquire a fish & chip shop with many excellent features and impressive trading history. The Business has deservedly earned a five-star food hygiene rating and has consistently high weekly takings and profits from reasonable trading hours.
Our Client Informs Us That:
Takings and Profitability:
Takings are consistently High at £6,000 per week. Gross Profits are stated to be around 60%.
Trading Hours:
12.00midday to 9.00pm Monday to Thursday
12.00midday to 10.00pm Friday
12.00midday to 9.00pm Saturday
Closed Sunday
Potential exists to extend opening times into the evenings and on Sundays.
Staff:
The Business is mainly operated by thirteen part-time assistants.
Tenure:
Leasehold. A new negotiable-term lease will be prepared. Commencing rent to be £12,000 per annum for the first 3 years, rising to £14,000 per annum, then review dates every 3 years.
Price:
£174,950 plus stock at valuation for the Lease, Business, Fixtures, Fittings and Equipment.
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