Mailbox Estates are delighted to welcome to the market an opportunity to acquire a traditional Fish & Chip Shop.
After ownership of around 10 years, our clients have other business interests which do not allow their full-time presence at the property. An ideal opportunity for an existing operator to add a takeaway business to their existing portfolio or create their first business investment opportunity.
Location * Located in a residential area of Stourbridge, the area is densely populated and the business benefits from the footfall of neighbouring businesses such as a large supermarket and hair salon as well as flats situated above.
Turnover * We have been advised that the current turnover is around £2,000 per week. The business currently uses Just Eat & Deliveroo. with potential to add other social platforms like Uber Eats and Food Hub. Counter sales contribute to around 70% of the sales.
Staff * The business operates with 1 full time member of staff, 2 part time and a delivery driver.
Internal: * Upon entering the store, you find yourself in the chip shop with servery counter, behind which is a two-pan range, and two kebab rotisseries. Also includes dine in area with tables and chairs.
External The business further benefits from free on road parking for customers.
Fixtures and Fittings We are advised by our client that all fixtures and fittings are owned outright and included in the sale price such as: * 2 Pan Range * Oil Filter Machine * 2 Archway kebab machine * Pizza Dough Mixer * Stainless steel Double Door Fridge / Freezer * Stainless Steel Counter Chiller * Bold Chipper / Peeler * Drinks Fridge
Tenure * The business is offered for sale with a new 15-year renewable lease and a rent review every fifth anniversary. The landlord is open to negotiations of a shorter- or longer-term tenure.
Accommodation * There is no accommodation included.
Rent: * The rent per annum is £12,000.
Opening Hours * Monday - Saturday 1:00pm - 10:00pm The business is closed on Sunday and has potential to increase sales should the new purchaser choose to open or extend the existing hours.
Rates * The business benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
Legal costs * Each party to be responsible for their own legal costs in connection with the sale.
Trading Information * Full accounts will be made available to seriously interested parties after they have viewed the business.
Reasons to buy * A well-established business with an enviable reputation and 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.
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.