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Leasehold Fish & Chip Takeaway in Balsall Common, Solihull with a self-contained flat above

Solihull, West Midlands
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Leasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall CommonLeasehold Fish & Chip Takeaway Located In Balsall Common
  • Leasehold: £200,000
  • Turnover: £624,000 (£12,000 per week)
  • Profit: Not Applicable

Business Details

Leasehold Fish & Chip Takeaway Located In Balsall Common

Leasehold Fish & Chip Takeaway Located In Balsall Common
Self Contained 3 Bedroom Flat Above
Weekly Turnover £12,000
No Deliveries
Ref 3241

Asking Price £200,000 plus SAV (£2,000)

Location
This respected Fish & Chip Takeaway is located the village of Balsall Common. Situated within a highly visible and prominent trading position on Station which is considered one of the best-positioned roads in the village, because it acts as the main spine of the area. If you're assessing it as a place to live, invest, or run a business, it scores strongly for convenience and connectivity. The parade offers a variety of large retailers to include Tesco Express, One-Stop, Costa Coffee and Dominos. Berkswell Railway Station is within close proximity which connects you to Birmingham, Coventry.

Business Description
Veritas Business Sales are delighted to offer for sale this thriving Fish & Chip Takeaway which is located in Balsall Common. The business has been established since the 1980’s and has been in the careful hands of our client for the past 30 years. They are now offering the takeaway for sale so that they can enjoy a well deserved retirement.
Since ownership they have continually updated the premises and installed 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. Balsall Fish Bar is overseen by the owner but managed daily by a team of 1 full time and 9 part time members of staff and has an average weekly turnover of circa £12,00 which is all walk-in trade. They serve a fine selection of fish & chips along with chicken, burgers, pies, sausages, saveloy’s, kebabs, sundries, condiments and cold drinks.
We believe that there is further potential to increase trade should you wish, by expanding upon the current opening times and by joining the online delivery portals such as Just Eat. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many passing trade. This is a fantastic opportunity to purchase an established high turnover business which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday– 16:30 – 21:00
Tuesday – Saturday – 12:00 – 14:00 – 16:30 – 21:00
Sunday – closed

Leasehold
Term: 20 years
Remaining: 8 years (renewable)
Rent: £33,000 pa
Reviewed: 5 yearly
Business rates: £5,000
Council Tax: £1,700

Ground Floor
Takeaway comprising: two door coke fridge (Genfrost), 4 pan split range (Preston & Thomas), 2 x chip boxes, 3 x scraps boxes, 3 x warming cabinets, dual kebab machine (Archway), kebab meat shaver, two kebab meat catchers, extraction canopy, griddle (Lincat), 6 pot dry bain-marie, countertop saladette (Foster), 2 x two slice toasters, portable stainless steel table with shelves, stainless steel table, wall mounted menu boards, worktop with base unit and under counter fridge.
Prep room with 2 x worktops with base units, wash basin, worktop, pie oven (Lincat), microwave (Panasonic), batter mix (Crypto peerless), understairs storage cupboard with electric fuse board, insect zapper, CCTV monitor (3 camera system), walk-in cold room, walk-in freeze room and metal portable flower bin.
Staff room with stainless steel sink drainer & base unit, commercial water boiler (Ariston), worktop with base units, wall units and table and chairs.
Toilets with ladies toilet, gents toilet, cloak area, wash basin and mirror.
Chipping room with stainless steel sink drainer & directional hose, dishwasher, 2 x plastic chip bins, potato peeler (Bold), potato chipper (Bold), vinegar barrel, stainless steel table with cupboard below, metal trolley and storage unit, worktop with base units, vegetable cutter, 5 ring gas hob, washing machine (Beko), chicken fryer (Kuroma), extraction canopy, chopping boards and fat filtration machine (Parafilters).
Rear storeroom with potato storage area, 2 x metal storage units,3 x metal trolleys, metal potato soak tank, stainless steel table, filing cabinet and rear exit door.

External
Rear yard with covered area & tumble dryer (White Knight). Rear garden, gated side yard with bin area. Self-contained door leading to the flat.

Accommodation
Ground Floor
Hallway with stairs leading to the first floor.
First Floor
2 x double bedrooms
Single Bedroom
Kitchen
Lounge
Family bathroom with bath, shower cubicle with electric shower, wash basin and W/C.
The premises benefits from UPVC double glazing and gas fired central heating

Shop EPC Rating B
Flat EPC E

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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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