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Friday 21st of Jul 2017 - My Account - Register - Brokers - Bookmark RightBiz
Leasehold:
£149,500

Exceptional Fish & Chip Shop In Erdington Premium Advert

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ReferenceCF32899K / RightBiz
Status
FOR SALE
Advert ID193089
LocationBirmingham, West Midlands
SectorFish And Chips Shops, Catering Businesses
Leasehold Price£149,500
Annual Turnover£260,000
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Excellent Trading Position on a Busy Main Road

Taking £5,000 per week, and Capable of Much More

Fully Refurbished Shop, Fitted to a Very High Standard

Leasehold Price £149,500





Description and Trade:

A highly profitable Fish & Chip shop situated in an excellent trading position on a very busy road close to bus stops, bank, off licence and Lidl. The Business was established by the present owner in 2015 and enjoys increasing sales and profits from selling Fish & Chips, Kebabs, Pies & Pasties, Chicken, Burgers and other related foods, mostly for taking away, although some local deliveries are undertaken.

There is easy car parking for customers in the rear car park, and roadside parking to the front.




Premises:

The Shop and Serving Area (over 300 sq. ft.) is bright, superbly fitted and equipped, and has tiled walls and a suspended ceiling.

There is a comprehensive inventory of equipment, including: 3-pan frying range, illuminated menu board, kebabs rotisseries, bain marie, pie cabinet, salad bar, microwave ovens, stainless steel cupboards and surfaces, chilled drinks cabinets, plus other ancillary equipment for the trade.

Preparation Room with pressure fryer, walk-in fridge and ample fridge & freezer equipment, peeler, chipper etc.

Cloakroom and w.c.

Rear door to shared car park and secondary customer access.



Accommodation:

There is no living accommodation.

Comments:

This Business has been fully refurbished and fitted out to a very high standard indeed. Lots of potential exists to increase sales and profits by extending opening hours and expanding the delivery service. It is worth noting that a trial period of joining ‘Just Eat’ resulted in a sharp increase in takings to over £7,000 per week, but the trial was terminated by the vendor due to lack of manpower. This service could easily be reinstated, and would be sure to result in much higher sales and profits.

Highly Recommended for Viewing.



Our Client Informs Us That:

Takings and Profitability:

Retail takings average around £5,000 per week. The usual High Gross Profits associated with the trade will apply.

The trade split is approximately 80% takeaway trade and 20% delivered trade.



Trading Hours:

11.30am – 3.00pm and 5.00pm to 10.00pm Monday to Saturday.

Closed Sunday.

NB. Extending trading hours would undoubtedly increase sales and profits even further.

Tenure:

The Shop is held on a 25-year lease from 2015. The present rent is £12,000 per annum.

Price:

£149,500 plus stock at valuation for the Lease, Business, Fixtures and Fittings.

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