Fish and chip takeaway with 2-bedroom flat in Bromsgrove, same ownership since 1983
Bromsgrove, WorcestershireEst. 43 years
- Status
FOR SALE
- Advert ID
659068
- Reference
WOR12528 / Rightbiz
- Call Agent:
- Freehold: £380,000
- Turnover: £364,000 (£7,000 per week)
- Profit: Not Applicable
Business Details
Freehold fish & chip takeaway with potential plus 2 bedroom flat, same ownership since 1983
Key features
- Freehold shop with 2-bedroom self-contained flat
- Average weekly takings of £7,000 over 5.5 days
- Flat currently produces £780 per month rent
- Same ownership since 1983 ( 43 years )
- Free parking on parade with M5 and M42 access
About this business
Well established freehold business trading 5.5 days weekly with an average turnover of £7,000 with no late evening trading or home delivery service. Well presented shop that's well laid out and fully equipped. 2 bedroom self-contained flat currently let producing £780 monthly rent. Situated in heart of a nice heavily populated residential district generating solid year round trading plus good motorway access. Genuine retirement sale after 43 years of ownership.
Trading figures
We have been informed by the Seller that the takings average £7,000 weekly, achieved over 5.5 days trading and closing 8.30/9.00pm.
Good scope for later trading and strong demand to introduce a home delivery service which would surely increase sales.
Trading hours
LUNCH:- Tuesday to Saturday, 12.00 noon to 2.00pm.
EVENINGS:- Monday to Wednesday, 5.00pm to 8.30pm.
Thursday to Saturday, 5.00pm to 9.00pm.
Sunday, closed.
Business premises
Established on small terrace block having a wide fully glazed double frontage with a central door beneath a bold full width coloured fascia and canopy. The sales shop is tastefully styled having attractive tiled walls, tiled flooring, suspended lit ceiling and fronted by a smart 3 pan split counter range and a illuminated menu display. Adjoining is handy well fitted kitchen which has easy to maintain wall cladding, storage base units and includes a small cooking section with overhead canopy continuing through to storage space. There is a area housing both fridges & freezers and a separate general preparation area also with clad walls and includes potato works plus access from the side for deliveries.
Trade equipment
Full trade inventory to include a 3 pan 'Frank Ford' split counter range, cash register, twin kebab machine, 2 microwave oven, 2 bain-maries, chest freezer, 4 ring gas hob, fridge, stainless steal fish keeper, double door freezer, chipper and 56lb peeler.
( The above equipment has not been tested by Rosens ).
Accommodation
Above the shop is a self contained double glazed centrally heated flat with 2 bedrooms, lounge, fitted kitchen and bathroom. The accommodation is currently let producing a monthly rent of £780.
Trading position
Firmly established on small parade with free parking outside, serving a nice heavily populated residential district which generates solid year round trading. Also in close proximity is a station, pub, schools ect and has good access to both the M5 and M42 Motorways.
Special remarks
Our client has owned this successful business since 1983 and is now seeking to retire after many years in the trade leaving the way open for younger owner to take to the next level and trade later and introduce a home delivery service which will prove to be popular.
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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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