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Prime Location Fish & Chip Shop with Alcohol and Takeaway License in Walsall, West Midlands

Walsall, West Midlands
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Well Known Fish & Chip Shop In A Prime LocationWell Known Fish & Chip Shop In A Prime LocationWell Known Fish & Chip Shop In A Prime LocationWell Known Fish & Chip Shop In A Prime LocationWell Known Fish & Chip Shop In A Prime LocationWell Known Fish & Chip Shop In A Prime Location
  • Status

    FOR SALE

  • Date Submitted:

    28/03/24

  • Advert ID

    608968

  • Reference

    CS0241 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £70,000
  • Rent: £15,000
  • Turnover: £182,000 (£3,500 Per week)
  • Net Profit: Not Applicable

Key Features

  • Accounts Available
  • Small Business
  • Established Business
  • Fully Fitted
  • Attractive Business
  • Offers Invited
  • Close to Local Amenities
  • Ideal for Full Refurbishment
  • Town Centre location
  • Price Reduced

Business Details

Well Known Fish & Chip Shop In A Prime Location

**Offers in the region of £70k**

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

Reason for sale:
•Established for more than 19 years and owned by our client ever since, Mailbox Estates are offering an opportunity to acquire a Fish and Chip Shop due to genuine retirement.

The Opportunity:
•Desirable trading position
•Located within a busy high street with many local bus routes
•Current owner happy to offer a handover to ensure the continued success
•Alcohol Licence and Takeaway Licence in place
•Option to open Sundays to increase sales

Location:
•The property occupies a highly prominent corner trading position on a busy main road off a high street easy roadside parking

Turnover:
•We have been advised by our client that the turnover is £3,300 - £4,000 per week
•The business offers delivery service on Just Eat, Deliveroo and Uber Eats

Staff:
•The business is run and managed by the owners (husband and wife) with the help of three part time members of staff

Internal:
•Staff Washroom
•Rear access which leads to the preparation room

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 Middleton Range
•Kuroma Chicken Machine
•Double Stainless Steel Sink
•Stainless Steel Fridge x 2
•Chester Freezer X 2
•4 Channel CCTV
•Stand up Freezer
•Alcohol Licence
•TV
•6 Pot Bain Marie
•Bakers Pride Oven
•Bitterling Catering Oil Filter
•Slush puppy Machine

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

Rent:
•The rent per annum is £13,000 for the shop or £18,000 including the ground floor flat. 

Opening Hours:
•Mondays - Saturdays 12:00-21:00
•Sundays -Closed

Rates:
•There are no business rates payable

Tenure:
•The site is offered for sale by way of a new lease with further terms to be negotiated

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

Regulatory Licence:
•A5 Licence
•4* 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.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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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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 'Well Known Fish & Chip Shop In A Prime Location - CS0241 / 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.