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
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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.

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