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Leasehold Fish & Chip Takeaway With Accommodation in Busy Solihull, West Midlands

Solihull, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    28/11/23

  • Advert ID

    603207

  • Reference

    2834 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £79,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Fish & Chip Takeaway Located In Solihull

Leasehold Fish & Chip Takeaway Located In Solihull
Ratings / Google 4.4 / Facebook 5.0 / TripAdvisor 4.5
2 Bedroom Accommodation Above Producing Rental Income Of £10,500 pa
Ref 2834

Location
This respected Fish & Chip Takeaway is located in the affluent town of Solihull. Situated within a prominent and highly visible trading position on Old Lode Lane in Elmdon. It's part of a busy parade of shops which offers a range of other independent retailers to include an off-licence, Indian restaurant (unlicensed), Chinese & Thai restaurant, cafe, hairdressers, children's nursery & tool hire shop, plus others too. All of which bring decent levels of footfall to the area. The parade benefits from ample, free parking for customers and the surrounding area is densely populated with residential properties, with a school across the road, Elmdon park nearby & the JLR plant in the vicinity as well. The location provides easy access to Solihull town centre, Birmingham city centre, Birmingham airport, the NEC including the Genting Arena, and all major motorway networks.

Leasehold Asking Price £79,950 plus SAV (£1,500)

Business Description
Veritas Business Sales are delighted to offer for sale this well appointed Fish & Chip Takeaway which is located in Solihull. The business has been established since 2017 and has been in the careful hands of our client for the past 3 years. They are now offering the takeaway for sale due to other commitments needing their attention.
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. The business is owner operated with the help of 2 part time member of staff and has an average weekly turnover of £4,500. Walk-in trade accounts for approximately £2,750 per week and the remaining £1,750 come from the on-line delivery portals Just Eat, Deliveroo and Uber Eats. They serve a fine selection of traditional fish & chips along with southern fried chicken, burgers, pies, sausages, saveloy’s, kebabs, condiments and cold drinks.
We believe that there is further potential to increase trade should you wish by extending the opening times and increasing the food offering by adding pizzas. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a well fitted spacious takeaway which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday & Sunday – closed
Tuesday – 4:00pm – 9:00pm
Wednesday & Thursday – 4:00pm – 9:30pm
Friday & Saturday – 12:00pm – 9:30pm

Leasehold
Term: 21 years
Remaining: 16 ½ years
Rent: £18,000 plus vat pa
Rates: zero

Ground Floor
Takeaway comprising: serve over sales counter with covid screens, cash register (Sam4s), 2 door drinks fridge (Coca-Cola), 2 pan range (Preston & Thomas) with 2 x chip boxes, scraps box, 2 x warming cabinets, portable dual deep fat fryer, 2 x kebab machines (Pimak), 2 x kebab meat shavers, electric knife, chargrill, extraction canopy, 2 x stainless steel tables, 2 slice toaster, 2 x 3 pot wet bain-maries (Interlevin), stainless steel 2 door chiller (Polar), stainless steel 2 door freezer (Polar), 4 x digital menu boards, stainless steel wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser, small chest freezer (Norfrost), insect zapper (Plus zap) and storage cupboard.
Preparation room with stainless steel fish fridge (Ozti), 2 x stainless steel tables, batter mixer, 4 ring gas hob, extraction canopy, chicken fryer (Kuroma), vinegar barrel, stainless steel double sink drainer, hot water boiler (Marco), wall mounted paper towel dispenser, knife rack and an office area.
Staff W/C with wash basin.
Storeroom with chest freezer, metal storage racking, potato chipper (Bold), potato peeler (Bold), 3 x plastic chip bins, interceptor tank, insect zapper (Cater zap) and rear exit door.
The property benefits from CCTV (8 camera system), UPVC double glazing and gas central heating.

First floor
Kitchen with wall & base units, 4 ring gas hob, sink drainer and extraction hood.
Bathroom with shower cubicle, W/C, wash basin and combination boiler (Biasi).
2 x Double bedrooms.
Lounge.

External
Gated rear yard with parking for (2) and a fat trap.

EPC Rating C


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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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