High Standard Fish & Chips Shop For Sale in West Wolverhampton
Wolverhampton, West Midlands
- Status
FOR SALE
- Date Submitted:
30/05/19
- Advert ID
243666
- Reference
CF34301K / Rightbiz
- Call Agent:
- Leasehold: £107,000
- Turnover: £208,000 (£4,000 Per week)
- Net Profit: Not Applicable
Business Details
FISH & CHIPS WEST WOLVERHAMPTON AREA
Situated In A Nice Residential Area
Superbly Fitted & Presented Throughout
Same Owner Since 1983
Retirement Sale
Taking £4,000 per week
Leasehold Price £107,000
Description:
Situated in a parade of six shops in a nice residential area of west Wolverhampton, the double fronted shop is spacious and fitted out to a very high standard throughout. There is car parking to the front and rear of the business.
Premises:
The modern and attractively presented Sales/Serving Area (5.5m x 4.9m) has a suspended ceiling with concealed lighting, terrazzo type flooring and is fully wall tiled. Fixtures and fittings include 3 pan range, three kebab machines, 6 pot bain marie, upright drinks chiller, illuminated menu board, insect killer unit, cash register etc. CCTV is installed.
Leading to a well fitted Kitchen having 4 hob cooker, microwave, chest freezer, insect killer unit, stainless steel work table, deep bowl sink, hand wash basin etc. To a Potato Room with chipper, peeler, upright fridge and upright fish fridge. Off is a Stock Room with chest freezer.
Accommodation:
There is no living accommodation.
Comments:
This superior fish & chips shop that has been in the present owner's hands since 1983 and is now only on the market due to his retirement plans. There is scope to open a little later in the evening.
Our Client Informs Us That:
Takings and Profitability:
Retail takings are around £4,000 per week with the usual high gross margins associated with the trade. Accounts show net profit, after expenses, of around £50,000 per annum.
Trading Hours:
12.00midday – 2.00pm & 5.00pm – 10.00pm Monday to Wednesday.
12.00midday – 2.00pm & 4.30pm – 10.00pm Friday & Saturday
Closed Sunday.
Staff:
Three part time staff are employed.
Tenure:
Leasehold. Held on a 15-year lease from 2018 at a present rent of £19,000 per annum.
Price:
£107,000 plus stock at valuation for the lease, business, fixtures and fittings.
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01543 411036.
Contact Agent
Listing Statistics
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Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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