Leasehold Fish & Chip Takeaway Located In Tile Cross, Birmingham

Leasehold Fish & Chip Takeaway Located In Tile Cross, Birmingham
Operated By Third Generation
High Weekly Turnover
Established In 1972
Ref 3117

Asking Price £199,950 plus SAV (£1,500)

Location
This respected Fish & Chip Takeaway is located in suburb of Tile Cross, Birmingham. Situated within a prominent and highly visible trading position on East Meadway. Its part of a busy parade of shops which attracts decent levels of footfall to the area. There is ample free parking to the frontage and the parade and the local area has plenty of residential houses, industry and businesses.

Business Description
Veritas Business Sales are privileged to offer to the market this established Fish & Chip takeaway which is located in Tile Cross, Birmingham. The business has been established since 1972 and is operated by the third generation family has for circa 35 years and has been in the careful hands of our clients for the past 28 years. They are now offering the takeaway for sale so that they can enjoy a well deserved retirement.
Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Mackadown Chippy is operated with the help of 7 part time member of staff and has an average weekly turnover of between £9,000-£10,000. Approximately 60% of the turnover is walk-in trade and the remaining 40% derives from deliveries via their own website and Just Eat. The menu offers fish & chips, along with, pies, saveloys, condiments, sundries, savouries, kebabs, wraps, southern fried chicken, burgers, deserts and cold drinks.
We believe that there is further potential to increase turnover by opening at lunchtimes. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Friday – 15:30 – 22:00
Saturday – 16:00 – 22:00
Sunday – closed

Leasehold
New 20 year lease to be granted
Rent: £20,000
Reviewed: 5 yearly
Rates: zero

Ground Floor
Takeaway comprising: serve over stainless steel sales counter with cash register (Casio), 3 pan range with chip ox, scraps box and 2 x warming cabinets, upright drinks fridge (Coca-Cola), understairs storage cupboard, 2 x stainless steel worktops with 2 door cupboard, microwave (Adexa), pie warmer, wall mounted paper towel dispenser, 6 pot dry bain-marie, marble top saladette with 2 door undercounter fridge, 2 slice toaster, griddle, 3 pot wet bain-marie (Interlevin) single kebab machine, dual kebab machine, electric knife, kebab meat shaver, vinegar barrel, extraction canopy, central stainless steel table with top shelf and 2 shelves below, wall mounted TV and 14 menu boards.
Hallway with office area, wash basin, wall mounted soap dispenser, chest freezer, storage unit and CCTV monitor.
Prep room with stainless steel sink, stainless steel table, metal storage unit, 2 ring gas burner, southern fried chicken fryer, 2 x stainless steel tables, vegetable cutter, batter mixer (Crypto Peerless), walk-in cold room with 3 x storage units, metal shelf, knife rack, dual deep fat fryer (Buffalo) and extraction hood.
Chipping room with chest freezer, 3 x plastic chip bins, potato peeler (Bold), potato chipper (Bold) and metal storage unit.
Storeroom with storage unit, chest freezer and potato storage area.
W/C with wash basin.
The shop benefits from CCTV (7 camera system) and electric roller shutters to the frontage

There is a 3 bed flat above that can be made available with an additional rent of £1,000 PCM

External
Rear yard with concrete shed and stairs leading to the first floor flat.