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Prime Wolverhampton Fish and Chip Shop with 20 Years of Loyal Customers for Sale

Wolverhampton, West Midlands
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Popular Fish and Chip Shop in Prime location Photo 1
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Popular Fish and Chip Shop in Prime locationPopular Fish and Chip Shop in Prime location
  • Status

    UNDER OFFER

  • Date Submitted:

    23/04/24

  • Advert ID

    610225

  • Reference

    CS0243 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £80,000
  • Turnover: £208,000 (£4,000 Per week)
  • Net Profit: Not Applicable

Key Features

  • Established Business
  • With Car Park
  • Accounts Available
  • Fully Fitted
  • Close to Local Amenities
  • Prime Location
  • High Turnover
  • Potential for Alternative Use
  • Unique Business
  • Attractive Business

Business Details

Popular Fish and Chip Shop in Prime location

Mailbox Estates are delighted to welcome to the market a popular Fish & Chip Shop that has built up an enviable reputation with a large loyal customer base over the last 20 years.

The store operates as a traditional takeaway and has undergone extensive refurbishment to adapt to the contemporary style.

THE OPPURTUNITY:
*Newly opened Heron Foods next door occupying more than 3,000 Sq.ft with footfall to increase massively
*Nil business rates
*4* Food Hygiene Rating
*Free and convenient customer parking
*Recently refurbished, so there's no need for additional expenditures, allowing full focus on the store's operations

REASON FOR SALE:
*The owner is selling due to the need to dedicate full attention to other business commitments

TURNOVER:
*We have been advised by our client that the turnover is £4,000 per week on average
*Delivery sales with Justeat contribute to around £500 per week

RENT AND OTHER UTILITIES 
*There is a fixed price of £800 per week which includes unlimited electricity, Water, Broadband & Wifi, Service Charge and rent. ( excludes Gas )

TRADING HOURS:
*Monday - Saturday 12:00pm -8:00pm
*Sunday - Closed

STAFF:
*The business operates with three part time staff one full time

MAIN SHOP:
*TV Menu Boards, Online CCTV, and a front car parking area for customers.

FIXTURES & FITTINGS:
* Middleton 3 pan range
* 4 Archway kebab machines
* 6 Pot Bain Marie
* 3 door under counter fridge
* Osborne fish fridge
* Bold chipper, Peeler and Mixer
* Double door fridge/freezer
* Chest freezer

REAR SHOP AREA:
* Open plan area with ample preparation space
* W.C

EXTERNAL:
* Shared Car park up to 35 spaces for customers.
* Rear loading access.

TENURE:
* The site is offered by way of assignment of the existing lease with 15 years remaining on a renewable lease.

RATES:
* The business benefits from Small Business Rates Relief.

ACCOMMODATION:
* The business is being offered for sale as a lock-up therefore no accommodation is available.

REGULATORY:
* A5 Licence
* 4* Food Hygiene Rating

LEGAL COSTS:
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord's legal fees are the vendor and buyers responsibility. This will be shared equally and payable by both parties.

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

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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.

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 'Popular Fish and Chip Shop in Prime location - CS0243 / 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.