Business for Sale in Wolverhampton, West Midlands - FISH & CHIPS - WEST WOLVERHAMPTON AREA - Leasehold: £139,950

Key Information

Ref
CF34301K
Type
Food Service Businesses: Fish & Chip Shops
Location
England: West Midlands
Tenure
Leasehold
Status
For Sale
Weekly Sales
£4,500 Inc Vat
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Situated In A Nice Residential Area

Superbly Fitted & Presented Throughout

Same Owner Since 1983

Retirement Sale

Taking £4,500 per week

Leasehold Price £139,950

Description:

Situated in a parade of six shops in a nice residential area of west Wolverhampton, the double fronted shop is spacious and fitted out to a very high standard throughout. There is car parking to the front and rear of the business.

Premises:

The modern and attractively presented Sales/Serving Area (5.5m x 4.9m) has a suspended ceiling with concealed lighting, terrazzo type flooring and is fully wall tiled. Fixtures and fittings include 3 pan range, three kebab machines, 6 pot bain marie, upright drinks chiller, illuminated menu board, insect killer unit, cash register etc. CCTV is installed.

Leading to a well fitted Kitchen having 4 hob cooker, microwave, chest freezer, insect killer unit, stainless steel work table, deep bowl sink, hand wash basin etc. To a Potato Room with chipper, peeler, upright fridge and upright fish fridge. Off is a Stock Room with chest freezer.

Accommodation:

There is no living accommodation.

Comments:

This superior fish & chips shop that has been in the present owner’s hands since 1983 and is now only on the market due to his retirement plans. There is scope to open a little later in the evening.

Our Client Informs Us That:

Takings and Profitability:

Retail takings are around £4,500 per week with the usual high gross margins associated with the trade. Accounts show net profit, after expenses, of around £50,000 per annum.

Trading Hours:

12.00midday – 2.00pm & 5.00pm – 10.00pm Monday to Wednesday.

12.00midday – 2.00pm & 4.30pm – 10.00pm Friday & Saturday

Closed Sunday.

Staff:

Three part time staff are employed.

Tenure:

Leasehold. Held on a 15-year lease from 2018 at a present rent of £19,000 per annum.

Price:

£139,950 plus stock at valuation for the lease, business, fixtures and fittings.

Copyright © EM & F Group Limited 2019 - Company No: 03035561 - VAT: 631 4000 02