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Fish & Chip shop based in ideal location in the heart of Digbeth with excellent potential

Birmingham, West Midlands
Status
FOR SALE
Advert ID
255248
Leasehold Price: £85,000
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

Well established current takeaway, based in the heart of Digbeth, City Centre Birmingham. This food business has existed with in Digbeth for well over 25 years. To describe the property it is a double fronted shop located on the main double dual carriage way, where traffic is inbound and outbound of the Birmingham City Centre.

The shop is located right opposite the Birmingham Coach Station, with in waking distance on the Institute Club, Irish Pubs, Subside Pub, Custard Factory. The site is also located near South Birmingham College Campus and also an easy walking distance for students from the Birmingham City University based at Curzon St location. The typical customer type during the day is students, office workers, coach station and general footfall in and out of the city centre. In the evenings it will be students, crowds from the gigs at the Institute and surrounding pubs. Once a year the Irish Digbeth parade also proceeds from outside the shop and is one of the busiest times of the year, bringing in a good income on the day.

We have been provided with confirmation that regeneration works will commence early 2020 for the Metro which will run right outside the site and confirmation of the HS2 where one of the stations (Curzon station) for this will be opposite the University of Birmingham. Please see the link below in order to see the £200m reinvestment which will be happening through Digbeth over the next few years. First phase is to commence Summer of 2019 with completion anticipated 2022. There will hundreds of jobs created and footfall will increase with the new living space being created.

The reason for sale is that after a good five year span, circumstances have changed. With having a young family we need to commit more time and so feel this is the right time to sell. We fully refurbished the property in 2015 and spent £65,000. The shop can easily seat between 16-18 people but with clever seating maybe 20. With all the love care we have put into this we wanted to sell the business to someone contiue catering to the community as well as enjoying running a business. This would also be an idesl spot for a franchise.

There is hardly any competition in respect of of food retail outlets. There is a subway a few doors down and a very small chicken burger takeaway place which has no seating. Across the road there is a cafe, a sandwich shop and a new Vegan shop. Next to our property there is Barbershop and a clothing shop.

Thank you for taking time to review this proposal.

Listing Details
Location: Birmingham, West Midlands
Sector: Fish And Chips Shops, Fast Food Businesses
Key Features
  • Close to Local Amenities
  • Town Centre location
  • Small Business
  • Established Business
  • Attractive Business
  • Prime Location
  • Price Reduced
  • With Accommodation
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