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High-Standard Fish & Chip Shop in Smethwick, Leasehold £64,000, Weekly Sales £2,000

Smethwick, West Midlands
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FISH & CHIPS – SMETHWICK, WEST MIDLANDSFISH & CHIPS – SMETHWICK, WEST MIDLANDSFISH & CHIPS – SMETHWICK, WEST MIDLANDS
  • Status

    FOR SALE

  • Date Submitted:

    20/02/12

  • Advert ID

    73270

  • Reference

    CF26173K / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £64,000
  • Turnover: £104,000 (£2,000 Per week)
  • Net Profit: Not Applicable

Business Details

FISH & CHIPS – SMETHWICK, WEST MIDLANDS



Fish & Chip Shop in Smethwick

Fitted to a High Standard
Excellent Trading Location Adjacent to Multiples
No Late Evening Opening
Leasehold Price £64,000

Description:
The business was established in 2005 and is fitted out to a high standard. It holds an excellent trading location adjacent to several multiple stores.

Premises:
The double fronted shop has a wide frontage of around 33'9". It is well fitted and attractively presented.
Fixtures and fittings include frying range, two kebab machines, pressure fryer, turbo chef oven, deep fat fryer, microwave, bain marie, hot food display cabinet, chilled salad cabinet, drinks chiller, upright fridge, upright freezer, illuminated menu board, extraction unit, chipper. Peeler, double deep bowl sinks, ample work surfaces, cash register etc.

Accommodation:
There is no living accommodation.

Comments:
An easily operated business with scope to open on Sunday, as many of the other shops already do.
The business could easily be operated by a husband and wife team.

Our Client Informs Us That:

Takings and Profitability:
Retail takings are around £2,000 per week with the usual high gross margins associated with the trade.

Trading Hours:
11.30am - 7.00pm Monday to Saturday

Tenure:
Leasehold. Held on a renewable 8 year lease from 2005 at a rent of £14,400 per annum.

Price:
£64,000 plus stock at valuation for the lease, business, fixtures and fittings.

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01543 411036.

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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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