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Closed Fish & Chip Shop with 3-Bed Accommodation for Sale in Birmingham West Midlands

Birmingham, West Midlands
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Closed Fish & Chip with Spacious 3-Bed Accommodation & Parking Photo 1
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Closed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & ParkingClosed Fish & Chip with Spacious 3-Bed Accommodation & Parking
  • Leasehold: £40,000
  • Rent: £13,000 (£1,083 per month)
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Closed Fish & Chip with Spacious 3 Bed Accommodation & Parking

Mailbox Estates is delighted to present this rare opportunity to acquire a brand new, fully fitted, and modern Closed Fish & Chip Shop with three bed accomadation, ideally positioned in a high-footfall location with excellent visibility and a steady stream of customers.

REASON FOR SALE:
Our client is selling the business due to relocation to a different country 

THE OPPORTUNITY:
- A Closed well Furbished Shop 
-Fully Equipped: Fitted with high-quality, modern equipment to ensure efficient and smooth operations.
-Benefits from strong passing footfall and vehicle traffic
-Excellent opportunity for takeaway, retail, or food business use
- This business also benefits from having a three bed accomadation with 2x double bed bedroom, a family bathroom, living room and a kitchen

LOCATION:
-Prominent shop frontage with bold signage, an entrance door, and large glass windows that provide excellent natural light and create an inviting atmosphere.
-Situated within a densely populated residential area, generating consistent footfall and repeat business.
-Strong community presence with nearby pharmacies, convenience stores, major bus routes,
-Convenient customer parking is available directly in front of the shop.
- Positioned on a busy main high street with excellent visibility 

RENT:
The annual rent is £13,000

TENURE:
The business is offered for sale by way of an assignment of the existing lease, which has 8 years remaining and is renewable

FIXTURES & FITTINGS:
-The premises are well-equipped throughout, and a valuable inventory of fixtures and fittings is included within the sale price.

RATES:
-There are no business rates for the business
-Purchasers are advised to verify this information with the relevant local authority.

LEGAL COSTS:
-Each party will be responsible for their own legal costs associated with the sale.
-The landlord's legal fees are the responsibility of both the buyer and the seller and are to be shared equally.

TRADING INFORMATION:
-Trading information will be made available to genuinely interested parties who have signed a Non-Disclosure Agreement and have viewed the premises.

REGULATORY LICENCE:
-A3 Licence 

DEPOSIT:
-Successful applicants will be required to pay a non-refundable deposit.

VIEWING ARRANGEMENTS:
-Discreet customer visits are encouraged; however, please do not approach the vendor or staff directly.
-For further information or to arrange a viewing, please contact Mailbox Estates today.
 

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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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