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Modern, Fully Refurbished Fish & Chip Shop in Walsall West Midlands High Footfall Area for Sale

Walsall, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    14/05/24

  • Advert ID

    611296

  • Reference

    CS0245 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £180,000
  • Turnover: £546,000 (£10,500 Per week)
  • Net Profit: Not Applicable

Key Features

  • Close to Local Amenities
  • Adjacent to Multiple Retailers
  • Prime Location
  • Accounts Available
  • Fully Fitted
  • Unique Business
  • High Turnover
  • Attractive Business
  • Central Position in Affluent Village

Business Details

Fully refurbished modern fish and chip shop for sale

AT A GLANCE:
•Fully refurbished modern business •Growing Sales •Excellent opportunity for hands on operator •Modern equipment throughout •No further investment required

Mailbox Estates are thrilled to offer to the market an outstanding Fish & Chip Takeaway which is located in the West Midlands and benefits from high levels of footfall

The store serves a fine range of fish & chips, along with burgers, southern fried chicken, kebabs, sausages, pies, condiments, ice creams, milkshakes and cold drinks. They have a fantastic reputation for the quality of their food and are famous for their battered chips.

THE OPPORTUNITY:
•High street location with fantastic reputation
•Brand new equipment
•Weekly sales of £10,000
•Nil business rates
•5* Food hygiene rating

REASON FOR SALE:
•Our client has decided to offer their business for sale in order to focus on other business interests

WEEKLY TURNOVER:
•We have been advised by our client that the weekly turnover on average is £10,000-£11,000 (70% Deliveries, 30% walk in trade)
•The business is a member of Uber Eats, Deliveroo & Just Eat and also operates a dark kitchen where they do burgers, purely on delivery and the additional turnover is £3000- £4,000 per week

LOCATION:
•This excellent fish bar is located on a busy street close to a residential area and benefits from high levels of footfall and passing trade

FIXTURES AND FITTINGS:
•Over sales counter
•EPOS till system
•5 digital menu operators, CCTV monitor (4 camera system)
•Drinks machine
•Bespoke 3 pan range (Henry Nuttall)
•2 Chip boxes, 3 warming cabinets, 4 pot wet bain-marie, 4 x single kebab machine
•2 x kebab meat shavers, electric knife, extraction canopy, bespoke hot food hold (Henry Nuttall), worktop, panini press
•Stainless steel table with cupboards below, 2 metal shelves, 2 commercial microwaves (Kenwood) and undercounter freezer

All fixtures and fittings are owned outright and are included in the sale price. This presents a significant advantage for any prospective buyer, as it eliminates the immediate need for additional expenditure on these items

INTERNAL:
•Preparation room with wash basin, batter mixer (Bold), southern fried chicken fryer, bespoke chip batter mixer (Manica), boiler, walk-in freezer and 4 tier storage unit
•Staff W/C with wash basin
•Office with desk, CCTV and safe
•Dry store with 2 x metal storage units.
•Chipping room with stainless steel double door fridge (Polar), stainless steel fish fridge, stainless steel raw meat fridge, potato chipper (Bold), 2 x wall mounted knife racks, sink, potato peeler (25KG), plastic chip bin, potato storage area and rear exit door
•All equipment is AA rated

EXTERNAL:
•Rear service road with parking
•Delivery access to the rear

TRADING HOURS:
•Tuesday-Saturday 11:45-21:30
•Sunday-Monday 15:00-21:30

TENURE:
•The business is offered for sale by way of assignment of the existing lease with 9.5 years remaining
•A new lease option may be available with further terms to be negotiated

STAFF:
•The store is owner operated with the help of 4 full time and 6 part time members of staff

RATES:
•Nil business rates

RENT:
•The rent per annum is £16,900

LEGAL COSTS:
• Landlord's legal fees are the vendor and buyers responsibility. This will be shared equally and payable by both parties.

TRADING INFORMATION:
•Full accounts will be made available to seriously interested parties after they have viewed the business

REGULATORY:
•A5 licence
•5* Food hygiene rating

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

DEPOSIT:
•Successful Applicants will be required to pay a non-refundable deposit

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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.

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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.

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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.'.

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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 'Fully refurbished modern fish and chip shop for sale - CS0245 / 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.