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Leasehold Fish & Chip Takeaway & Restaurant Located In Bloxwich

Walsall, West Midlands
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Leasehold Fish & Chip Takeaway & Restaurant Located In Bloxwich Photo 1
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Leasehold Fish & Chip Takeaway & Restaurant Located In BloxwichLeasehold Fish & Chip Takeaway & Restaurant Located In BloxwichLeasehold Fish & Chip Takeaway & Restaurant Located In BloxwichLeasehold Fish & Chip Takeaway & Restaurant Located In BloxwichLeasehold Fish & Chip Takeaway & Restaurant Located In BloxwichLeasehold Fish & Chip Takeaway & Restaurant Located In BloxwichLeasehold Fish & Chip Takeaway & Restaurant Located In BloxwichLeasehold Fish & Chip Takeaway & Restaurant Located In Bloxwich
  • Leasehold: £120,000
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Leasehold Fish & Chip Takeaway & Restaurant Located In Bloxwich

Leasehold Fish & Chip Takeaway & Restaurant Located In Bloxwich
Prominent Town Centre Trading Position
Three-Bedroom Accommodation Above
Restaurant & Customer Seating For 26
Licensed
Ref 3303

Asking Price £120,000 plus SAV (£2,500)

Location
Scoffs occupies an established trading position on High Street in Bloxwich, Walsall. The surrounding town-centre area accommodates a mix of retail and service businesses, with local shopping facilities and amenities close by. The location serves an extensive surrounding residential catchment, providing opportunities for regular and repeat custom alongside passing trade. Town-centre parking and public transport connections further enhance accessibility for customers from Bloxwich and neighbouring areas. This established high-street setting provides an attractive base for a takeaway or other customer-facing business.

Business Description
Veritas Business Sales is delighted to offer for sale Scoffs, an established fish and chip takeaway and restaurant occupying a prominent trading position in Bloxwich, Walsall. Established in 2000 and under our client’s ownership since March 2022, the business is now offered for sale due to unforeseen family commitments.
Our client has maintained the premises and its extensive range of commercial catering equipment, fixtures and fittings. We are advised that these items are owned outright and included within the asking price, providing an incoming operator with a well-equipped business. Scoffs is owner-operated, supported by one full-time and three part-time members of staff. Our client reports average weekly turnover of approximately £6,500, comprising around £5,300 in walk-in sales and £1,200 in delivery sales through Just Eat, Deliveroo and Uber Eats. The menu includes fish and battered chips, southern fried chicken, rotisserie chicken, burgers, pies, sausages, saveloys, kebabs, accompaniments, alcoholic beverages, and hot and cold drinks. The premises provide seating for 26 customers, comprising 24 covers in the raised restaurant area and two additional seats in the takeaway.
The property also includes independently accessed three-bedroom accommodation arranged over the first and second floors, currently sublet at £550 per calendar month. One of the two rear garages is also sublet at £40 per calendar month. Together, these lettings generate reported gross rental income of £7,080 per annum. There is potential to develop the existing trade through longer opening hours and Sunday trading. This represents an excellent opportunity to acquire an established takeaway and restaurant with substantial reported sales, residential accommodation and supplementary rental income.
Early viewing is highly recommended.

Opening Times
Monday – Saturday – 11:30 – 20:00
Sunday – closed

Leasehold
Term: 21 years
Remaining: 16 ½ years
Rent £18,000 per annum
Building Insurance £972 per annum

Ground Floor
Takeaway comprising: serve over hot food cabinet with four trays, serve over sales counter, serve over hot food cabinet with eight trays, dual kebab machine (Archway), single kebab machine (Easy-cut), kebab meat shaver, extraction canopy, stainless steel shelf, four-slice toaster, microwave (Kenwood), sales till (Sam4’s), cash drawer, insect zapper, stainless steel table with storage cabinet below, under-counter fridge (Polar), under- counter fridge (Foster), under-counter freezer (Gram), saladette with two door under-counter fridge, two pan range (Middleton), single pan range (Middleton), chip box, scraps box, stainless steel wash basin, wall mounted paper towel dispenser, wall mounted soap dispenser, hot water boiler (Buffalo), stainless steel worktop, stainless steel shelf, stainless steel sink, upright drinks fridge (Coca-Cola), upright slim light drinks fridge, table and chairs to cover (2), various menu boards, upper level restaurant with tables & chairs to cover (24).
Customer toilets
Gents with WC, wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser.
Ladies with WC, wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser.
Kitchen comprising: with southern fried chicken fryer (Henny Penny), four ring gas hob, extraction canopy, stainless steel table, washing machine (Indesit), kettle, stainless steel shelf, dual stainless steel sink drainer, wall mounted knife rack, small chest freezer, two-dual air fryers, chicken rotisserie oven, stainless steel four draw fish fridge.
Chipping room with potato peeler (Bold), potato chipper (Bold), stainless steel potato soak tank (Bold), potato storage area, upright stainless steel freezer (Arctica), upright fridge (Tefcold), chest freezer (Lec), upright fridge (iarp), wall mounted metal shelf, three plastic chip bins, hallway with exit door.
Staff W/C with wash basin and combination boiler.

First Floor
Kitchen/dining room
Lounge
Landing with storage cupboard and stairs leading to the second floor

Second Floor
Bathroom with bath, electric shower (Triton), W/C and wash basin
3 Double bedrooms
The flat is sub-let for £550 PCM and has electric storage heating

External
Rear yard with two garages and parking for (2).
Side passage with self contained door to the flat above.

The shop property benefits from UPVC double glazing and electric roller shutters to the frontage

EPC Rating C

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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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