Business for Sale in Walsall, West Midlands - IMPRESSIVE FISH & CHIP SHOP IN WALSALL - Leasehold: £195,000

Key Information

Ref
CF33483K
Type
Catering Businesses: Fish & Chip Shops
Location
England: West Midlands
Tenure
Leasehold
Status
For Sale
Weekly Sales
£6,000 Inc Vat
Accomodation
2 Bedrooms
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Excellent Trading Position on a Busy Main Road

Taking £6,000 per week

Fully Refurbished Shop, Fitted to a Very High Standard

Leasehold Price £195,000

Description and Trade:

A highly profitable Fish & Chip shop situated in an excellent trading position on a busy main road. The Business has been in the present owner’s hands since 2013 and enjoys high sales and profits from selling Fish & Chips, Kebabs, Pies & Pasties, Southern Fried Chicken, Burgers, Pizzas and other related foods, mostly for taking away, although some local deliveries are undertaken.

Premises:

The Shop and Serving Area is bright, superbly fitted and equipped, and has tiled walls and floor.

There is a comprehensive inventory of equipment, including: 2-pan frying range, illuminated menu board, four kebabs rotisseries, bain marie, pie cabinet, salad bar, microwave oven, stainless steel cupboards, chilled drinks cabinet, two cash registers, conveyor pizza oven plus other ancillary equipment for the trade.

Preparation Room with pressure fryer, ample fridge & freezer equipment, gas hob, mixer, peeler, chipper etc.

Storage Room and w.c.

Rear door to Yard.

Accommodation:

Above the Shop is a self-contained Flat with two bedrooms (not inspected at the time of our visit). The Flat is presently sub-let and earning Rental Income of £350 per month, although more rent could be achieved.

Comments:

This Business has been fully refurbished and fitted out to a very high standard indeed.

Highly Recommended for Viewing.

Our Client Informs Us That:

Takings and Profitability:

Retail takings average £6,000 per week. The usual High Gross Profits associated with the trade will apply.

The trade split is approximately 75% takeaway trade and 25% delivered trade.

Trading Hours:

12.00 midday – 2.00pm and 4.30pm to 11.00pm Monday to Saturday.

4.30pm – 10.30pm Sunday.

Tenure:

The Shop is held on a 21-year lease from 2013. The present rent is £388 per week (£20,176 per annum) with 3-yearly review dates.

Price:

£195,000 plus stock at valuation for the Lease, Business, Fixtures and Fittings.

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