Business for Sale in Redditch, Worcestershire - SUPERB FISH & CHIP SHOP IN REDDITCH, WORCESTERSHIRE - Leasehold: £110,000
Key Information
- Ref
- CF34325K
- Type
- Food Service Businesses: Fish & Chip Shops
- Location
- England: Worcestershire
- Tenure
- Leasehold
- Status
- For Sale
- Weekly Sales
- £3,800 Inc Vat
Well Fitted & Presented Throughout
In a Well Supported Parade of Shops, Good Residential Area
Taking £3,800 per week with High Gross Profits
Lots of Potential For More
Leasehold Price £110,000
Description:
This very attractive Business has been in the present owner’s hands for over 11 years. The Shop is very well-fitted for the trade with a full inventory of fixtures and fittings.
The Business is well-known locally and enjoys consistent trade selling traditional Fish & Chips, Kebabs, Pies & Pasties, Southern Fried Chicken and other hot foods for taking away.
The shop is in an unopposed trading position within a local parade of shops in a good residential area of Redditch. It has a large public car park nearby.
Premises:
The refurbished Shop (20’6” x 21’3”) is bright and well-lit and has a suspended ceiling and tiled walls and floor.
To the rear are Preparation Rooms, Office, Potato Room and w.c.
There is a comprehensive inventory of equipment included in the sale: 2-pan frying range, 2 kebabs rotisseries, deep fryer, pressure fryer, chilled drinks cabinet, fridge & freezer equipment, peeler, chipper, and many other items of inventory for the trade.
The shop is protected with roller shutters to front and rear, and a burglar alarm system.
Accommodation:
There is no living accommodation.
Comments:
An opportunity to acquire a super business with consistent trade, high gross profits and reasonable overhead costs.
Payment by credit/debit card is not presently accepted. Introducing this kind of payment would help to increase sales and profits.
Staff:
The shop is operated by the owner with the help of four part-time assistants.
Our Client Informs Us That:
Takings and Profitability:
Takings are around £3,800 per week with the usual High Gross Profits associated with the trade.
Trading Hours:
11.30am – 2.30pm and 4.30pm – 9.00pm Monday to Saturday.
Closed Sundays
Potential exists to extend trading hours into the evenings and introduce a much-demanded local delivery service.
Tenure:
The Premises are held on a 10-year council lease from 2016. Rent payable is £8,500 per annum with 3-yearly review dates.
Price:
£110,000 plus stock at valuation for the lease, business, fixtures, fittings and equipment.