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Sutton Coldfield Leasehold Fish & Chip Takeaway for Sale, £239,950, £8,500 Weekly Turnover

Sutton Coldfield, West Midlands
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Leasehold Fish & Chip Takeaway Located In Sutton Coldfield Photo 1
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Leasehold Fish & Chip Takeaway Located In Sutton ColdfieldLeasehold Fish & Chip Takeaway Located In Sutton ColdfieldLeasehold Fish & Chip Takeaway Located In Sutton ColdfieldLeasehold Fish & Chip Takeaway Located In Sutton ColdfieldLeasehold Fish & Chip Takeaway Located In Sutton ColdfieldLeasehold Fish & Chip Takeaway Located In Sutton ColdfieldLeasehold Fish & Chip Takeaway Located In Sutton ColdfieldLeasehold Fish & Chip Takeaway Located In Sutton ColdfieldLeasehold Fish & Chip Takeaway Located In Sutton ColdfieldLeasehold Fish & Chip Takeaway Located In Sutton Coldfield
  • Status

    FOR SALE

  • Date Submitted:

    12/05/23

  • Advert ID

    513135

  • Reference

    2863 / Rightbiz

  • Call Agent:

    Registered members »

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

Business Details

Leasehold Fish & Chip Takeaway Located In Sutton Coldfield

Leasehold Fish & Chip Takeaway Located In Sutton Coldfield
Ref 2863

Location
This delightful Fish & Chip Takeaway is located in Walmley, Sutton Coldfield. Situated within a prominent and highly visible trading position on Walmley Close. Its part of a busy parade of shops to include Lloyds Pharmacy, Hairdressers, Vape shop, CO-OP Convenience Store, Dental Practice, Post Office and Gift shop. All of which bring high levels of footfall to the area. Sutton Coldfield town centre where you have an array of shops, bars and restaurants is (2.8 miles) away.

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

Business Description
Veritas Business Sales offer to the market this established Fish & Chip Takeaway which is located in Walmley. The business has been established since 1999 and is now being offered for sale due to other commitments requiring the owners attention.
Since ownership the premises have been kept in good order and includes all 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. Walmley’s takeaway is operated by a husband & wife team along with 7 part time members of staff and has an average weekly turnover of £8,500 per week. Approximately £7,000 is taken instore with the remaining £1,500 deriving from the online delivery portals. They serving a fine range of fish & chips, along with, pies, sausages, sundries, condiments, kebabs, burgers, southern fried chicken and cold drinks.
We believe that a new operator could increase turnover should they wish by extending the current opening times and expanding the food offering. This is a great opportunity to purchase an established takeaway which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Thursday – 11:30am – 2:00pm – 4:30pm – 9:00pm
Friday & Saturday – 11:30am – 9:30pm
Sunday – closed

Leasehold
Term: 10 years
Remaining: 9 ½ years
Reviewed: 3 yearly
Rent: £18,000 pa
Service charge: £350 pa
Business rates: zero

Ground Floor
Takeaway comprising: serve over sales counter with EPOS till system, 2 pan range (A A Catering) with chip box, scraps box and 2 warming cabinets. Saladette with 2 door undercounter fridge, stainless steel table, wall mounted TV, 9 menu boards, stainless steel worktop with storage cupboards below, stainless steel worktop with storage cupboards below and a 3 pot wet bain-marie, 2 slice toaster, 4 slice toaster, 3 x single kebab machines, kebab meat shaver, electric knife, stainless steel table with commercial tin opener, 2 x 4 pot dry bain-marie’s (Parry), 2 pot bain-marie (Parry), chest freezer, 2 x stainless steel tables, wall mounted sauce rack, sandwich toaster, 2 door drinks fridge (Coca-Cola), upright fridge/freezer (Hotpoint), insect zapper and long metal table for condiments.
Kitchen comprising: storage cupboard with water heater, stainless steel table, CCTV monitor with (6 camera system), chicken fryer (Kuroma), microwave (Kenwood), fish fridge (XL), 3 plastic chip bins, cloak room area, 4 x wall mounted metal shelves, stainless steel freezer (Interlevin), 2 x stainless steel fridges (Valera), potato chipper (Bold), potato peeler, large chip bin, stainless steel table, 6 burner range with 2 door oven (Buffalo), dual stainless steel sink, metal shelf, wall mounted knife rack, wall mounted utensil rack, kettle and rear exit door.
W/C with wash basin and electric water heater.
Potato storeroom.

External
Rear yard with bin area, service road and parking for (2).

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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