Mailbox Estates are delighted to welcome to the market an opportunity to acquire a traditional Fish & Chip Shop. The business offers a selection of foods ranging from Kebabs, Fish & Chips, Pizza, sausages and much more.
Our client is selling this closed business ( closed as of 18th April) in order to focus on other business interests that are geographically closer to home.
Whilst open, the business achieved the status of 'Local Legend' by Just Eat for its quality of food and service to the customers.
An ideal opportunity for an existing operator to add a takeaway businesses to their existing portfolio, or pursue their first business investment opportunity.
Location * Located in Dudley, the business occupies a main road trading position. The area is densely populated residentially and commercially with neighbouring businesses such as a convenience store and an Italian Restaurant.
Turnover * We have been advised that the current turnover was around £3,500 per week. Counter sales contributed to around 30% of the sales.
Internal: * The trading area is extremely well fit out to a very high standard and is a welcoming environment for customers to order and drivers to collect.
* Behind the servery there is a kitchen, a prep and wash up room, store room and staff W.C.
External * There is on street parking available outside the business and a car park ( 6 - 8 spaces) to the side of the store for customers.
To the rear of building, also includes 3 parking spaces for staff or tenants in the accommodation.
Fixtures and Fittings The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price such as:
* 3 Pan Range - Thomas Preston * 2 Archway kebab machine * Pizza Dough Mixer * Electric Double Clay Oven * Stainless steel Double Door Fridge / Freezer * Stainless Steel Counter Chiller * Bold Chipper / Peeler * Ben & Jerry Ice Cream Fridge
Tenure * We have been advised by our client that there are 15 years remaining on the renewable lease with a rent review every fifth anniversary.
*The full lease can be made available to seriously interested parties following a formal viewing.
Accommodation * included in the sale, a 2 bedroom flat. The property persists of a lounge, bathroom, and has central heating. Currently vacant, the propery once occupied can achieve around £650 PCM.
Rent: * The rent per annum is £15,960.
Opening Hours * Tuesday - Sunday 5:00pm - 9:00pm The business is closed on Monday and has potential to increase sales should the new purchaser choose to open or extend the current hours.
Rates * The business benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
Legal costs * The legal paperwork is ready to action and solicitors are to be paid for by the purchaser
Reasons to buy * A well-established business with many existing customers * Perfect trading position with loads of footfall * Ideal owner managed or partnership business * Current owner happy to offer a handover to ensure the continued success. * Low running costs with inexpensive rent
Please note, as this is a confidential sale, the true location of this shop has not been disclosed. Please contact us should you wish to know the exact store location.
Viewing is highly recommended, strictly via agent only.