Fish and Chip Shop in West Midlands available with potential for new ownership
Walsall, West Midlands
- Status
FOR SALE
- Advert ID
644183
- Reference
12233 / Rightbiz
- Call Agent:
- Leasehold: £95,000
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Fish and Chip Shop in West Midlands
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TAKINGS: We have been informs turnover is in the region of £7,000/8,000 per week, offering a comprehensive menu, being a mixture of takeaway and delivery sales using own driver.
GOOD POTENTIAL FOR YOUNGER MORE ENERGETIC OWNERSHIP TO TRADE ADDITIONAL OPENINGS WHICH WILL SURELY INCREASE SALES.
TENURE: We understand about 3 years remain on Lease at rental of £14,000 per annum plus VAT. However we have been informed by the seller a new Lease is available, subject to terms being agreed.
TRADING HOURS: Monday to Saturday: Lunch, 12.00 noon to 2.30 p.m. Evening 4.30 p.m. to 9.00 p.m. Sunday, Closed.
SCOPE FOR LATER AND SUNDAY OPENINGS WHICH WILL EASILY INCREASE TURNOVER.
ACCOMMODATION: The maisonette above is centrally heated and double glazed, incorporating 2 doubles and single bedroom, lounge, kitchen and bathroom. If the accommodation is not required for own use there is the potential to let for £600 per month.
BUSINESS PREMISES: Bold Corner premises having double glazed frontage with single door access, beneath large lit coloured fascia. Good size sales shop that's fitted with tiled walls & flooring, lowered illuminated ceiling, fronted by 3 pan Preston and Thomas range with counter extension. The enclosed frying/serving area has ample storage units and a good menu display, leading to cooking section having a overhead extraction canopy. Adjoining is fully tiled kitchen/preparation area which houses a walk in fridge, through to main preparation space with potato works/store and door to shared yard. Older style shop that has been well maintained, but would benefit from modernisation.
EQUIPMENT: Full trade inventory to include a 3 Pan Preston & Thomas counter range, digital till, 2 bain marie's, glass fronted fridge, 3 kebab machines, twin deck pizza oven, griddle, refrigerated salad bar, walk in fridge, stainless steel double fridge, 2 ring gas cooker, mincer, chipper and peeler. (The above items have not been tested). Full inventory will be provided prior to completion.
TRADING POSITION: Well established end parade shop within local shopping centre with convenience store incorporating Post Office, having the benefit of plenty of free parking. Surrounding is large residential estate with both private and council homes plus close to schools, micro pub, light industry etc and has good motorway access.
SPECIAL REMARKS: Health issues have encourage retirement after 24 years of successful trading, leaving the way open for a capable operator to take the reins, who with modernisation and additional openings can see trade soar.
PRICED TO ENCOURAGE A SPEEDY SALE AND ALLOWING FOR UPDATING.
PRICE: £95,000 LEASEHOLD
PERSONALLY INSPECTED BY SOLE SELLING AGENTS
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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.
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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