Business for Sale in Oldbury, West Midlands - SUPERB FISH & CHIP SHOP IN OLDBURY, WEST MIDLANDS - Leasehold: £69,000
- Catering Businesses: Fish & Chip Shops
- England: West Midlands
- For Sale
- Weekly Sales
- £2,000 Ex Vat
- 2 Bedrooms
Well Situated in a Residential Parade of Shops
Taking £2,000 per week from Relatively Short Trading Hours
Lots of Potential For More
Leasehold Price £69,000
Description and Trade:
A profitable Fish & Chip shop situated in a good trading position in Oldbury within a well-supported parade of shops in a good residential area. The Business was established by the present owners in August 2016 and enjoys increasing sales and profits from selling Fish & Chips, Kebabs, Pies & Pasties, Chicken and other related foods for taking away only.
There is easy car parking for customers, and Living Accommodation with Two/ Three Bedrooms above the shop if required.
The Shop and Serving Area (around 280 sq. ft.) is bright, superbly fitted and equipped, and has tiled walls and a suspended ceiling.
There is a comprehensive inventory of equipment, including: 2-pan frying range, bain marie, electronic menu screens, chilled display cabinet, kebabs rotiserries, fitted cupboards, plus other ancillary equipment for the trade.
Preparation Rooms with ample fridge & freezer equipment, peeler, chipper, stainless steel sink and surfaces, gas cooker.
Potato Area with chest freezer and shelving.
Rear door to Yard, Garage and w.c.
Above the Shop is a self-contained Flat with two/three bedrooms (not inspected at the time of our visit).
Potential Rental Income from sub-letting the flat would be in the region of £550 per month (£6,600 per annum).
This Business has been fully refurbished and fitted out to a high standard. Lots of potential exists to increase sales and profits by extending opening hours and expanding the menu to include Pizzas and Southern Fried Chicken, and offering a local delivery service.
Recommended for Viewing.
Our Client Informs Us That:
Takings and Profitability:
Retail takings average around £2,000 per week. The usual High Gross Profits associated with the trade will apply.
It must be noted that this business is undoubtedly capable of taking much more.
Monday & Tuesday: 4.30pm to 9.30pm
Wednesday & Thursday: 12.00 midday to 2.00pm and 4.30pm to 9.30pm
Friday: 12.00 midday to 2.00pm and 4.30pm to 10.00pm
Saturday: 4.30pm to 9.30pm
The Premises are offered with a new negotiable-term lease. Rent payable £10,400 per annum for the lock-up shop only, or £17,000 per annum for the whole property, including the living accommodation.
£69,000 plus stock at valuation for the new Lease, Business, Fixtures and Fittings.