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Leasehold Fish & Chip Takeaway for Sale in Penkridge, South Staffordshire

Penkridge, Staffordshire

CONFIDENTIAL

  • Leasehold: £110,000
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Leasehold Fish & Chip Takeaway Located In Penkridge, South Staffordshire

Leasehold Fish & Chip Takeaway Located In Penkridge, South Staffordshire
Five Star Food Hygiene Rating
Turnkey Business
No Deliveries
Ref 3127

Asking Price £110,000 plus SAV (£1,500)

Location
This respected Fish & Chip Takeaway is located in village of Penkridge, South Staffordshire. Situated within a prominent and highly visible trading position on Boscomoor Shopping Centre. The centre sits back off the A449 and offers a host of large blue chip retailers to include, Greggs, Costa Coffee, Subway and Co-op supermarket. It is between Stafford (5 miles) to the north and Wolverhampton, (10 miles) south, and lies mostly on the east bank of the River Penk. You are in close proximity to the M6 motorway which gives easy access to all major motorway networks.

Business Description
Veritas Business Sales are privileged to offer to the market this delightful Fish & Chip takeaway which is located in Penkridge. The takeaway has been established since the 1980’s and has been in the careful hands of our client for the past 3 ½ years. They are now offering the business for sale as the manager is looking to retire and the owner is busy with other projects.
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. Penkridge Fish & Chips is operated daily by a team of 2 full time and 3 part time member of staff and has an average weekly turnover of £8,000 which is 100% walk-in trade. No accounting information will be supplied but once an offer has been accepted and a deposit in place the shop can be monitored. The menu offers fish & chips, along with, pies, saveloys, condiments, sundries, kebabs, southern fried chicken, burgers and cold drinks.
We believe that there is further potential to increase turnover by having an owner operator at the helm, extending the current opening times and by joining the online delivery portals such as Just Eat. 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 turnkey business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Thursday – 12:00 – 14:00 – 16:00 – 21:00
Friday & Saturday – 12:00 – 21:00
Sunday – closed

Leasehold
Term: 15 years
Remaining: 12 years
Rent: £25,000 plus vat
Reviewed: 5 yearly
Service charge: £3,000 pa
Rates: zero

Ground Floor
Takeaway comprising: wall mounted TV, customer seating for (6), 12 x menu boards, serve over sales, EPOS till, 3 pan range (Preston & Thomas) with 2 x chip boxes and scraps box, 3 warming cabinets, 2 slice toaster, upright drinks fridge, 2 x 3 pot wet bain-marie’s, stainless steel table with 2 x shelves, stainless steel table, 2 x small stainless steel tables, vinegar barrel, stainless steel sink, dual kebab machine (Archway), single kebab machine (Archway), electric knife, kebab meat shaver, kebab meat catcher, saladette with 2 door undercounter fridge (Polar), stainless steel cupboard, panini press (Buffalo) and extraction canopy.
Hallway with walk-in cold room, walk-in freezer room and stainless steel table.
Chipping room with stainless steel soak tank, potato storage area, 2 x plastic chip bins, potato peeler (Bold) and potato chipper (Bold).
W/C with wash basin and vanity unit, wall mounted cabinet/mirror, wall mounted paper towel dispenser, shower cubicle and washing machine (Hoover).
Hallway with rear exit door.
Prep room with dual stainless steel sink & directional hose, metal shelf, SF chicken fryer (Chefs Range), extraction canopy, stainless steel worktop with 4 ring gas hob, wall mounted knife rack, 4 x plastic flour tubs, stainless steel worktop with shelves below, 2 x wall mounted metal shelves, 3 x metal storage units, insect zapper, 2 x wall mounted metal cupboards, stainless steel worktop with 2 x storage cupboards below, microwave, stainless steel fish fridge (Ozti),

External
Rear yard with bin area and parking for (1).
The shopping centre has plenty of free parking


EPC Rating E

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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.

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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 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.

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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.

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.'.

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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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