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Leasehold Fish & Chip Takeaway Located In Halesowen

Halesowen, West Midlands
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  • Leasehold: £199,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Fish & Chip Takeaway Located In Halesowen
Ratings / Facebook 4.6 / Google 4.3
Ref 2724

Location
This delightful Fish & Chip Takeaway is located in Halesowen. Situated within a prominent and highly visible trading position on the very busy (A458) Stourbridge Road. Its part of a small parade of shops and is surrounded by an abundance of residential properties which brings high levels of footfall to the area. Halesowen town centre is (0.9 miles and the M5 motorway (3.1 miles).

Leasehold Asking Price: £199,950 plus SAV (£1,500)

Business Description
Veritas Business Sales offer to the market this respected Fish & Chip Takeaway which is located in Halesowen. There has been a takeaway here since the late 1960’s and has been in the same family since 1981. It has been in the careful hands of our client for the past 6 years and they are now offering the business for sale due to family commitments.
Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Royal Fish Bar is overseen by the owners on a part time basis along with 1 full time manager and 5 part time members of staff and has an average weekly turnover of circa £8,000. The split is walk-in trade approximately £4,000 per week, £2,500 per week on their own on-line click & collect and their own deliveries £1,500 per week. They serving a fine range of fish & chips, along with, pies, scampi, saveloys, savouries, condiments, kebabs, burgers, and cold drinks.
We believe that a new owner operator could increase turnover by extending the current opening times and by joining the online delivery portals such as Just Eat and Deliveroo. You can increase profitability by being a more hands on owner operator and you could sub-let the first floor accommodation. This is a superb opportunity to purchase an established takeaway with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – 4:00pm – 9:00pm
Tuesday – Saturday – 12:00pm – 2:00pm – 4:00pm – 9:00pm
Sunday – closed

Leasehold
Term: 21 years
Remaining: 15 years
Reviewed: 5 yearly
Rent: £17,500 pa
Rates: zero

Ground Floor
Takeaway comprising: serve over sales counter with COVID-19 screen and EPOS till systems, 4 digital menu boards, 3 pan range (Middleton) with 1 x chip box and 1 x scraps box, 3 warming cabinets, upright drinks fridge (Coca-Cola), stainless steel 7 pot wet bain-marie with storage cupboards below, undercounter fridge (Future), commercial microwave (Chef master), domestic microwave, double kebab machine, single kebab machine, kebab meat shaver, 3 x kebab meat catchers, extraction canopy, 2 slice toaster, undercounter freezer (Polar), panini press (Buffalo) and wall mounted condiments dispenser.
Kitchen comprising: walk-in cold room, 2 x stainless steel table, 4 x metal shelves, stainless steel fish fridge, 3 pot wet bain-marie, batter mixer, vinegar barrel, wall mounted knife rack, stainless steel double sink drainer, stainless steel wash basin and metal storage unit.
Small storage cupboard with stainless steel table, metal shelf, flour storage tub and CCTV monitor (8 camera system).
Staff W/c with wash basin.
Chipping room with potato chipper (Bold), potato peeler (Bold), stainless steel potato soak tank, 4 ring gas hob with double oven (Stoves), chest freezer (Polar), extraction hood, metal shelf, 2 x stainless steel freezers (Polar), 5 x plastic chip bins and potato storage area.
Hallway with rear exit door and door to the first floor accommodation.

First Floor
Full bathroom. Kitchen/diner. Lounge. 2 x Double bedrooms.

External
Small rear yard with bin area and storage shed.

EPC Rating D

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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