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West Midlands Fish and Chips Shop with Living Accommodation for Sale

Wednesbury, West Midlands
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Fish and chips for sale in West Midlands with living accommodation Photo 1
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Fish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodationFish and chips for sale in West Midlands with living accommodation
  • Status

    FOR SALE

  • Date Submitted:

    28/06/23

  • Advert ID

    515762

  • Leasehold: £50,000 (Stock at valuation)
  • Rent: £16,500
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Small Business
  • Price Further Reduced
  • Prime Location
  • With Car Park
  • Attractive Business
  • Close to Local Amenities
  • Fully Fitted
  • Price Reduced
  • Established Business
  • Unique Business
  • Offers Invited

Business Details

Fish and chips for sale in West Midlands with living accommodation

The fish and chips shop is fitted nicely and possesses potential for growth, especially if managed by an experienced person. The business is currently under-utilized, due to family and other business interests only operating  14 hours week, staff run, can be converted to any cusin, all the equipment are their, Sunday , Monday, Saturday and Sunday closed, trading Wednesday 4hours, Thursday 4 hours and Friday 6hours, Would be an ideal business for experienced person, family and first business, need some one to utilise the equipment available and to input new ideas, also to utilise the online platform, never had experienced of running fish and chips or take away, well over £130k spend in total including purchasing the lease and adding new equipment and on improving the shop and flat, businesses was doing well over £3700 weekly prior to me and after Covid it was doing over 7k weekly and lots of potential in right hand it can achieve well over 7k weekly.

The shop is in a strategic location, within walking distance to numerous schools, a retail park, and the Birmingham IKEA. Moreover, a bus stop is conveniently located directly in front of the store. However, the current owner lacks experience in managing a takeaway business. Despite this, there is ample equipment in place to broaden the culinary offerings such as pizza , proper Turkish kebabs, fried chicken , piri piri, dessert and grill, can be run as 2 business sharing one kitchen, it has 2 entrances and only need to divided the shop with false wall,  The proprietor is planning to relocate due to family and other business commitments.

The business boasts its own entrance, three additional storage rooms, and a washroom equipped with a hand sink. One of the storage rooms could potentially be converted into a staff room. The attached living accommodation, accessible via a separate entrance, features a kitchen and dining room on the ground floor.

On the upper level, there are four spacious rooms, one of which is currently being used as a living room. Additionally, there is a family bathroom, a toilet, and large landing areas on both the ground and first floors. A loft room is big enough to be divided into two bedrooms. The detached property also includes a spacious garden.

Considerable funds have been invested into both the business and flat. However, due to previous unsuccessful engagements with ill-prepared buyers, the business is back on the market. Prospective buyers are advised to ensure they have sufficient capital for the purchase. A deposit of £2000 will be required, payable directly to the business owner upon agreement of terms.

There is an abundance of equipment included within the sale, which can be used to expand the menu. Items include two kebab machines, a zanolli pizza machine, potato cutter, two refrigerators, grill, six monitors, three stainless tables, microwave, alarm, CCTV, milkshake blender, and many more. Viewing the property is necessary to fully appreciate its potential. The buyer is required to have previous business experience, provide good references, and offer a guarantee to fulfil the landlord's requirements.

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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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The data showed regarding this advert 'Fish and chips for sale in West Midlands with living accommodation ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.