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THIS BUSINESS IS NOW UNDER OFFER

***£8,500 WEEKLY TAKINGS*** This is a rare opportunity to acquire a traditional Fish and Chip shop,

Undisclosed, West Midlands
Status
UNDER OFFER
Advert ID
245618
Reference
CS0021CPST / Rightbiz
Leasehold Price: £250,000
Annual Turnover: £425,000

Highly reputable traditional Fish & Chip shop.

Prominent residential position, having weekly takings of £8,500.

Description:
This is a rare opportunity to acquire a traditional Fish and Chip shop, situated in a popular area of West Midlands, Wolverhampton.

As you can expect, the area is hive of activity and the business therefore attracts high levels of both regular, local and passing trade.

The business has established a truly enviable reputation offering the finest, fresh cuisine with a warm, friendly service and home deliveries. Having a great busy road presence this shop has a double glass front, completely refitted high specification interior, 3 pan black country range, four archway kabab machines, filtration machine, freezers, fridges, salad bar, large preparation room and a large storage room.

To fully appreciate this excellent opportunity a viewing is highly recommended to avoid disappointment.

Sales:
£8,500 PW (includes £1,200 per week from delivery service)

Trading Hours:
Mon - Thurs
11.45pm - 1.45pm
4.00pm - 9.30pm

Fri - Sat
11.45pm - 1.45pm
4.00pm - 10.00pm

Sundays Closed

Staff:
X2 Full Time
X2 Part Time

Residential Accommodation:
Includes flat above comprising of three bedrooms, two reception rooms, family bathroom and kitchen - currently occupied on a assured shorthold tenancy (6 month tenancy agreement) adding additional income of £500 PCM.

Parking at front with fixture and fittings included.

Tenure:
We have been advised that there is a 10 Year lease, with an option to be extended. 

5 yearly rent review

Annual rent is £22,000 PA.

Rates PA are £1,400

Please note: The vendor does not wish to be approached directly, therefore please contact us to arrange a viewing appointment to further discuss this business. 
 

Listing Details
Location: Undisclosed, West Midlands
Sector: Fast Food Businesses, Fish And Chips Shops, Food And Drink
Key Features
  • With Accommodation
  • Attractive Business
  • Fully Fitted
  • High Turnover
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: CS0021CPST / Rightbiz

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