Fish and chip takeaway for sale in Solihull with 2-bed flat included, same ownership for 22 years
Solihull, West Midlands
- Status
FOR SALE
- Advert ID
657298
- Reference
W.MID12511 / Rightbiz
- Call Agent:
- Leasehold: £140,000
- or
- Freehold: £545,000
- Turnover: £223,600 (£4,300 per week)
- Profit: Not Applicable
Business Details
Well presented fish & chip takeaway, offered freehold or new lease,same ownership 22 years.
Key features
- Same ownership for 22 years — retirement sale
- Available freehold or new lease at £18,200 per annum
- Weekly turnover £4,000–£4,300 with no delivery operation
- 2 bed self-contained flat — ideal for occupation or letting
- Prominent corner position on busy parade with on street parking
About this business
Our client purchased the shop through Rosens in 2004 and now wishes to sell due to pending retirement. The current turnover can be greatly improved by the introduction of a home delivery service for which there would be a strong demand. A well fitted & equipped unit offered either freehold or a new lease to include both shop and 2 bedroom accommodation. Located in prominent corner position on active parade with easy parking serving well populated community. Good scope available which will be evident upon inspection.
Trading figures
We have been informed that the weekly sales are £4000-£4300 with no delivery service for which there would be a strong demand. Huge potential to increase turnover which will be evident upon viewing.
Trading hours
Monday to Thursday, 12.00 noon - 2.00 pm then 4.45 pm - 10.00 pm.
Friday, 12.00 noon - 2. 00 pm then 4.45 pm - 10.30 pm.
Saturday, 12 noon - 2.00 pm then 4.45 pm - 10.00 pm.
Business premises
The property enjoys a corner position in a very busy shopping parade with entry via double glazed doors leading into spacious customer area with attractive tiled walls & flooring and suspended ceilings. Behind the service counter is a well maintained staff area designed for efficient service which flows into well appointed kitchen featuring tiled floors and walls. To one side lies the potato preparation room, providing direct rear access to the neat garden and the substantial garage. On the other side, the property accommodates a staff facility and an exceptionally large additional kitchen space. Beyond this is a further versatile and large storage room currently housing extra refrigeration with door opening out to the rear.
Trade equipment
Middleton 3 pan frying range, cash register, toaster, 3 door refrigerated drinks fridge, 2 double kebab machines with cutting knives, 4 pot bain-marie, microwave oven, large double-drainer stainless steel sink, 3 upright fridges, upright freezer, chest freezer, batter mixer, portable chip fryer, Bold commercial peeler & peeler, potato soaking bath, CCTV system, plentiful steel storage and the usual paraphernalia such as cutters, boards etc.
( The above equipment has not been tested by Rosens ).
Accommodation
Self-contained residential accommodation above the shop with a private separate entrance, being double glazed and centrally heated, ( ideal for owner occupation or letting ) comprises of bright kitchen overlooking gardens, modern tiled bathroom, spacious lounge and 2 double bedrooms.
Trading position
The business occupies a prime corner position within busy shopping parade, benefiting from good visual prominence and convenient customer parking directly to the front and along adjacent streets. Located on a active main road, the shop generates high levels of passing trade and local trade from the immediate neighbourhood. The surrounding commercial mix features a diverse range of complementary local businesses and a nearby pub.
Special remarks
A unique opportunity to purchase a firmly established fish and chip shop, available on either a leasehold or freehold basis, complete with substantial 2 bedroom self-contained accommodation upstairs. The business presents exceptional potential for growth, as it currently operates without offering any delivery service, leaving a clear opening for a new owner to significantly increase turnover.
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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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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.
Be safe, use a Rightbiz Solicitor
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