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Leasehold Fish & Chip Takeaway for Sale in Smith’s Wood Birmingham

Birmingham, West Midlands
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Leasehold Fish & Chip Takeaway Located In Smith’s Wood, Birmingham Photo 1
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Leasehold Fish & Chip Takeaway Located In Smith’s Wood, BirminghamLeasehold Fish & Chip Takeaway Located In Smith’s Wood, BirminghamLeasehold Fish & Chip Takeaway Located In Smith’s Wood, BirminghamLeasehold Fish & Chip Takeaway Located In Smith’s Wood, BirminghamLeasehold Fish & Chip Takeaway Located In Smith’s Wood, BirminghamLeasehold Fish & Chip Takeaway Located In Smith’s Wood, BirminghamLeasehold Fish & Chip Takeaway Located In Smith’s Wood, BirminghamLeasehold Fish & Chip Takeaway Located In Smith’s Wood, BirminghamLeasehold Fish & Chip Takeaway Located In Smith’s Wood, BirminghamLeasehold Fish & Chip Takeaway Located In Smith’s Wood, BirminghamLeasehold Fish & Chip Takeaway Located In Smith’s Wood, Birmingham
  • Leasehold: £49,950
  • Turnover: £78,000 (£1,500 per week)
  • Profit: Not Applicable

Business Details

Leasehold Fish & Chip Takeaway Located In Smith’s Wood, Birmingham

Leasehold Fish & Chip Takeaway Located In Smith’s Wood, Birmingham
No Deliveries Or Card Payments
Well Fitted & Spacious
Growth Potential
Ref 3278

Asking Price £49,950 plus SAV (£1,000)

Location
This delightful Fish & Chip Takeaway is located in Smith’s Wood, Birmingham. Situated on Burtons Way, it occupies a prominent position within the established residential suburb of Smith's Wood, approximately 8 miles east of Birmingham City Centre. The location benefits from excellent road communications via the nearby M6 motorway, together with regular public transport links and easy access to Birmingham Airport, the NEC and the wider West Midlands. The immediate area provides a comprehensive range of local amenities including schools, healthcare facilities, neighbourhood shopping and recreational open space, serving a substantial surrounding residential population.

Business Description
Veritas Business Sales are privileged to offer to the market this Fish & Chip Takeaway which is located in Smith’s Wood. The business was established by our clients 10 years ago and is reluctantly being offered for sale due to unforeseen ill health.
Since ownership our clients have transformed what was an empty shell into the impressive takeaway seen today. They have refurbished and decorated the premises throughout and installed new fixtures and fittings, all of which are owned outright and included within the sale price. Bobby’s Fish Bar is family-operated and comes with no staffing liabilities. Due to poor health the takeaway is trading on short hours and has an average weekly turnover of circa £1,500. This is all walk-in trade with no deliveries and card payments are not currently accepted. They serve fish & chips, along with, pies, saveloys, condiments, sundries, kebabs, burgers and cold drinks.
We believe that a new owner-operator could significantly increase turnover by extending the opening hours, introducing lunchtime trading and joining online delivery platforms such as Just Eat, Uber Eats and Deliveroo. The business has built a strong reputation within the local community and beyond and as receives regular repeat trade. This represents an excellent opportunity to acquire an established, fully fitted turnkey takeaway with significant scope for further growth. Early viewing is therefore highly recommended.

Opening Times
Monday – Saturday – 17:00 – 22:00
Sunday – closed

Leasehold
Term: 7 years (break clause at year 4)
Rent: £9,750 plus vat pa
Service charge: 705.96 plus vat pa
Rates: Nil (subject to small business rates relief)

Ground Floor
Takeaway comprising: 2 pan range (Hewigo), chip box, two warming cabinets, stainless steel sales counter with shelf below, cash register (Sam 4’s), worktops with base units, 2 x kebab spits (Archway), 2 x kebab meat catchers, electric knife, kebab meat shaver, extraction canopy, four-pot wet bain-marie (Cougar), two-slice toaster, portable stainless steel scraps box, wall mounted menu board, stainless steel wash basin, wall mounted paper towel dispenser.
Preparation kitchen comprising: L-shaped worktop with 2 x stainless steel sinks and stainless steel wash basin, base units, wall mounted paper towel dispenser, shelf, worktop with four-ring gas hob, wall mounted knife rack, microwave (Hotpoint), chest freezer (Eco-freeze), chest freezer (Capital), portable stainless steel trolley, six-pot wet bain-marie, stainless steel table, upright fridge (Capital).
Chipping room with stainless steel table, vinegar barrel, potato chipper (Bold), potato peeler (Bold), plastic potato soap tank, 4 x plastic chip bins.
Storeroom with potato storage area, worktop with base units, fire alarm keypad, intruder alarm keypad, commercial water boiler (Main), air purifier, rear exit door.
Toilet with WC, wash basin, wall mounted mirror, wall mounted paper towel dispenser, cupboard for electrical fuse board.

External
Rear service road, bin area and car park.
The premises benefits from an electric roller shutter to the frontage.

EPC Rating B

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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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