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High Turnover Fish and Chip Shop with Accommodation in Tamworth, Staffordshire

Tamworth, Staffordshire
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Freehold Fish and Chip Shop High Sales Photo 1
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Freehold Fish and Chip Shop High SalesFreehold Fish and Chip Shop High SalesFreehold Fish and Chip Shop High SalesFreehold Fish and Chip Shop High SalesFreehold Fish and Chip Shop High SalesFreehold Fish and Chip Shop High SalesFreehold Fish and Chip Shop High SalesFreehold Fish and Chip Shop High SalesFreehold Fish and Chip Shop High SalesFreehold Fish and Chip Shop High SalesFreehold Fish and Chip Shop High Sales
  • Status

    FOR SALE

  • Date Submitted:

    30/11/23

  • Advert ID

    603323

  • Reference

    CS0BHFH / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £650,000
  • Turnover: £338,000 (£6,500 Per week)
  • Net Profit: On request

Key Features

  • Close to Local Amenities
  • Ideal for Full Refurbishment
  • Large Business for Sale
  • Prime Location
  • Established Business
  • Accounts Available
  • Attractive Business
  • Unique Business
  • High Turnover
  • Fully Fitted
  • Potential for Alternative Use
  • Adjacent to Multiple Retailers
  • Price Reduced

Business Details

Freehold Fish and Chip Shop High Sales

Mailbox Estates offer an opportunity to acquire a rare Freehold property trading as a Fish and Chip shop with high turnover and accommodation in Tamworth.

The store operates as a traditional fish and chip shop offering Fish, Kebabs, savouries, wraps, naans and Southern Fried Chicken. 

Fantastic investment opportunity either for a owner wishing to own and run a restaurant business or a property investor to lease the premises for guaranteed income. 

An opportunity is also present to purchase the Freehold and sell the business with a 20 year lease for guaranteed rental income. The house can also be rented out privately per room for even more rental income.

Reason for sale:
Established for more than 40 years, and under ownership by our client since 2021, our client are offering this Freehold gem for sale due to family commitment. 

The opportunity
* Rare Freehold detached property in a desirable trading position
* Accommodation included
* High turnover with potential for growth with delivery platforms or Pizzas
* Current owner happy to offer a handover to ensure the continued success.
* 5 Food Hygiene Rating

Location
* Occupying a valuable trading position where premises are always in demand and rarely become available
*Adjacent is a Co-op supermarket, a local bus stop and a very busy Pub. 
*Bold signage is displayed above the width of the shop with an entrance door and large glass window that floods the store with natural light.

Turnover
* We have been advised by our client that the turnover is £6,500 per week. 
* Huge opportunity to increase profits by introducing a delivery service with Just Eat or Uber Eats etc or offering Pizzas.

Staff
* The business is run and managed by the owner with the help of three part time members of staff.

Internal:
* Staff Washroom 
* Rear access leads to preparation room and secure Garden and car spaces

External
* Secure owner parking ( 5 spaces ) at the rear and on street customer parking.

Fixtures and Fittings
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price such as:
* 3 Pan Tom Preston Range
* Double Archway Kebab Machine
* Bold Chipper / Peeler
* Epos System
* CCTV
* 4 Pot Baine Marie
* Stainless Steel Microwave
* Coca Cola drinks chiller x 2
* Salad Counter Bar 
* Steel Fridge

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

* Accommodation
The living accommodation is situated above the shop, and comprises on the Ground Floor: Day Room; Large Hallway with front entrance door; large fitted Kitchen/Diner; spacious Lounge/Dining Room; Utility Room; Cloakroom.

*On the Upper Floor:
Master Bedroom with fitted wardrobes and en-suite Shower Room; Spacious two Double Bedrooms, one with fitted wardrobes; further Bedroom; family Bathroom with bath, shower, w.c. and Airing Cupboard.

*The living accommodation is centrally heated and double glazed, and is in excellent condition throughout.

Opening Hours
* Monday - Saturday 12.00am - 2:00pm then 4:$0pm - 9:30pm
* Sunday - closed 

Rates
* Purchasers should enquire with relevant local authorities to confirm the rates payable.

Tenure
*The freehold property is offered for sale including the business, fixtures and fittings and equipment. 

Legal costs
* Each party to be responsible for their own legal costs in connection with the sale.

Regulatory Licence
* A5 Licence
* 5 Food Hygiene Rating

Trading Information
* Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises.

Viewing arrangements
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF

Deposits:
* Successful applicants will be required to pay a non-refundable deposit.

Tenure: Freehold

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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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.

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

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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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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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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 'Freehold Fish and Chip Shop High Sales - CS0BHFH / Rightbiz' 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.