Business for Sale in Walsall, West Midlands - IMPRESSIVE FISH & CHIP SHOP - WALSALL AREA - Leasehold: £225,000

Key Information

Ref
CF34318K
Type
Food Service Businesses: Fish & Chip Shops
Location
England: West Midlands
Tenure
Leasehold
Status
For Sale
Weekly Sales
£6,000 Inc Vat
Accommodation
4 Bedrooms
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Exceptional Fish & Chip Shop

Superbly Fitted & Presented Throughout

Recently Fully Refurbished and Refitted to a Very High Standard

On a Busy Main Road with Lots of Passing Trade

High Takings £6,000 per week

Includes Superb Family Living Accommodation with Four Bedrooms

Leasehold Price £225,000

Description:

This highly profitable Business was acquired by the present owners in 2018. The Shop and Living Accommodation have, during their ownership, been fully refurbished to a very high standard.

The Business is very well-known locally and enjoys high sales and profits selling traditional Fish & Chips, Burgers, Kebabs, Pies, Southern Fried Chicken and other hot foods for taking away.

The property is on a busy main road and has excellent car parking for customers on the wide forecourt to the front.


Premises:

The Shop is bright and well-lit and has a suspended ceiling and tiled walls and floor.

To the rear is a spacious and fully equipped Preparation Room and w.c.

There is a comprehensive inventory included in the sale: 3-pan Middletons frying range, three kebabs rotisseries, bain marie, grill, microwave oven, chilled drinks cabinet, serving counter with two cash registers, fridges and freezers, and many other items of inventory for the trade.

The shop has a burglar alarm and CCTV system.

Accommodation:

The comfortable family living accommodation is situated on all floors and has a separate front entrance door:

GROUND FLOOR: very large Lounge/Dining Room; Kitchen; Laundry Room and w.c.

FIRST FLOOR: Bathroom; Double Bedroom; large Double Bedroom; Single Bedroom.

UPPER FLOOR: Double Bedroom.

The living accommodation is centrally heated and double glazed.

Comments:

This superior and highly profitable Business must be viewed to be fully appreciated. The Property is deceptively spacious, and the Living Accommodation is more than suitable for a large family.

Staff:

The shop is operated by the owners with the help of one full-time assistant and five part-time assistants.

Our Client Informs Us That:

Takings and Profitability:

Weekly Takings average around £6,000, and the usual High Gross Profits for the trade will apply.

Trading Hours:

Monday to Thursday: 11.45am – 2.00pm and 4.45pm - 9.30pm.

Friday: 11.45am – 2.00pm and 4.30pm – 10.00pm.

Saturday: 11.45am – 2.00pm and 4.30pm – 9.30pm.

Closed Sundays.

Tenure:

Leasehold. The Premises are held on a 21-year lease from 2018. Present rent payable is £13,260 per annum with 5-yearly review dates.

Price:

£225,000 plus stock at valuation for the lease, business, fixtures and fittings

Copyright © EM & F Group Limited 2020 - Company No: 03035561 - VAT: 631 4000 02