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BUSINESS REFERENCE : 10480 / RightBiz LEASEHOLD FISH & CHIP SHOP IN THE WEST MIDLANDS | | | | | | Fish & Chip Shops West Midlands Prominent position in dense Birmingham Suburb T/O: £234,000 approx Spacious 7 bedroom accommodation Well equipped and well presented trading area. | | | BUSINESS LOCATION: | Smethwick West Midlands UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fish & Chips Shops | | SALE: | Agent Sale | LEASEHOLD: | £220,000 + SAV | ANNUAL RENT: | £23400 | | | | | | | | | | | BUSINESS DETAILS: | The business occupies a prominent position on a main road running through the centre of Smethwick, which is a busy suburb of Birmingham. The area is primarily residential, however also attracts custom and footfall as a result of the many surrounding complementary shops and businesses. The fish and chip shop boasts a wide frontage with ample on-road parking, making it easily accessible and attractive for repeat custom. Within the local vicinity there are a number of excellent educational establishments as well as a selection of interesting attractions including Black Patch Park. Smethwick offers a prospective resident excellent transport links including the local train station, Smethwick Rolfe Street, and is just a short drive from the M5, linking Birmingham to the North and South of the country.
Bag a Business is delighted to offer for sale this profitable and thriving business that boasts exceptionally spacious, well presented living accommodation. The Chippy was established by our clients in 1976 and has been operated as a family concern throughout its existence. Our clients are only now placing the business onto the market due to their wish to pursue business interests abroad. The business benefits from an excellent level of repeat custom, due to its reputation for high quality fish and chips, whilst also boasting high levels of new trade, due to its prominent wide frontage onto the busy Stony Lane. The premises are equipped to an excellent standard, accompanied by a high standard of fixtures and fittings. Of particular note is the living accommodation, which offers a prospective purchaser seven bedrooms, two reception rooms and a good sized kitchen/diner. At present the business has a weekly turnover of £4,500 derived from the sale of fish & chips, kebabs and chicken. The business has been run at a pace to suit our client's lifestyle and therefore offers expansive scope for development. Our clients have previously considered converting the ground floor living accommodation into a restaurant, however decided against this as it would have involved employing staff as opposed to being family operated. We feel that this offers a new owner an excellent base to build upon by possibly extending the opening hours, proactively marketing the business, extending the menu and introducing seating. This is a highly profitable business that is expected to attract high levels of interest, therefore early discussions with Bag a Business is recommended.
FINANCIAL DETAILS
W/T: £4,500 approx.
OPENING HOURS
Mon - Sat: 11:45am - 2:00pm and 4:45pm - 11:00pm
Sun: Closed
ACCOMMODATION DETAILS
The business is housed within a three-storey building of brick construction situated underneath a pitched tile roof. Briefly comprising;
GROUND FLOOR
Separate entrance/exit glazed doors in addition to a separate entrance for living accommodation
Good sized tiled trading area
3-pan range with heated display cabinets above
3 kebab gyros
3 drink chillers
Bain Marie
Interchangeable menu boards
Preparation area housing oven, microwave, potato rumbler and chipper
Access to the living area offering good sized kitchen/diner and sitting room
FIRST FLOOR
Master bedroom
Two good-sized bedrooms large enough for a queen sized bed
Four double bedrooms
Shower room with WC and wash hand basin
Bathroom
Extensive storage space
LOFT CONVERSION
Double bedroom
EXTERNAL
Spacious garden ideal for a family
Side access for deliveries
External toilet
TENURE
Leasehold
Original lease length: 21 years
Remaining lease length: 21 years
Review every 3 years
Rent: £430 per week | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10480 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
