Successful Fish & Chip Shop in Walsall with Accommodation, High Turnover, and Parking
Walsall, West Midlands
- Status
UNDER OFFER
- Advert ID
611426
- Reference
CS0250FLD / Rightbiz
- Call Agent:
- Leasehold: £90,000
- Turnover: £260,000 (£5,000 Per week)
- Net Profit: Not Applicable
Key Features
- Close to Local Amenities
- Attractive Business
- High Turnover
- Adjacent to Multiple Retailers
- Unique Business
- Prime Location
- Ideal for Full Refurbishment
- Fully Fitted
- Accounts Available
Business Details
Fish and Chip Shop On Busy Main Road
Mailbox Estates is delighted to present an exceptional opportunity: a traditional Fish & Chip Shop now available for sale.
Our clients are now offering an opportunity for an existing operator or an ambitious entrepreneur to take over this already successful business. The takeaway offers a wide selection of foods from Fish, Kebabs, Burgers, southern fried chicken, pies and children’s meals.
THE OPPORTUNITY:
•Low rent of £989 per calendar month including accommodation
•Ideal for an experienced operator looking to expand but also perfect for a first time buyer due to its size and ease of operation
•Ability to start trading immediately
•Nil business rates
REASON FOR SALE:
•After owning the business for over 15 years since February 2009, our client has decided to offer it for sale due to their upcoming retirement.
LOCATION:
•This excellent fish bar sits within an ideal location and takes advantage of the passing foot traffic along with easy parking for collections. This business sits within a popular road with a neighbouring off licence, barbers, laundrette and hairdressers.
•The shop benefits from easy access via a local bus route and is within walking distance of three primary/secondary schools, ensuring a steady flow of potential customers.
WEEKLY TURNOVER:
•Our client has informed us that the average weekly turnover is £5,000
•Just Eat sales account for approximately £1,000 per week
•No association with major brands Deliveroo and Food Hub. This indicates significant potential for business expansion and growth opportunities
ACCOMMODATION:
•The property includes a two-bedroom accommodation above the shop, featuring two double bedrooms. One of the bedrooms is en-suite with a shower. Access to the accommodation is through the shop.
TENURE:
•The site is offered by way of assignment of the existing lease with 18 years remaining and is renewable.
STAFF:
•The business is operated by the owner with the help of his son and 2 part time staff
TRADING HOURS:
•Monday - Friday 11:30pm -14:00pm and 16:00pm - 21:00pm
•Saturday 11:30am - 21:30pm
•Sunday 16:30pm - 21:00pm
FIXTURES & FITTINGS:
•The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price. All fixtures and fittings are owned outright.
INTERNAL:
•Main shop serving area leading to preparation area, storage, downstairs W.C and wash area
EXTERNAL:
•Rear delivery access
•Off road parking for easy collections
RENT:
•The rent per annum is £989.35 pcm
RATES:
•No business rates payable
LEGAL COSTS:
• The buyer is responsible for the landlord's legal fees.
TRADING INFORMATION:
•Full accounts will be made available to seriously interested parties after they have viewed the business
REGULATORY:
•A5 licence
•Gas and electricity service up to date with Certification
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
Contact Agent
Listing Statistics
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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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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
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