For Sale

Restaurant

CS0184 Fish and Chip Shop


£90,000 OIRO

Mailbox Estates welcomes to the market a traditional Fish and Chip Shop.

Established for over 12 years and benefitting from a recent refurbishment, ideal opportunity for an investor or owner operated individual to take over this already successful business.

Awarded by Sandwell Chronicle and appeared in the local newspaper in 2015, the store achieved 'Fish and Chip Shop of the year' for its quality food and service.

The Opportunity:
* Weekly turnover of £3,500 - £4,000
* Nil Business Rates
* Very Low Rent £7,700 per year
* 5* Food Hygiene Rating
* Closed for Sunday & Bank Holidays
* Includes Offlicence

Reason For Sale:
* Established more than 12 years ago and run by our client since, the business is offered for sale for a genuine retirement.

Location:
* The store is located on a busy street close to a residential area and benefits from high levels of footfall and passing trade.
* The store is well presented and maintained, with clear visible signage.

External:
* There is secure customer parking available to the front of the store.
* Delivery access to the rear for loading / unloading.

Weekly Turnover
* We have been advised by our client that the weekly turnover on average is £3,500 - £4,000.
* The business is a member of Just Eat, Uber Eats and Food Hub.

Tenure
* The site is offered by way of assignment of the existing lease until 2026 and is renewable.
* A new lease may also granted with further terms to be negotiated.

Trading Hours:
* Monday - Saturday 12:00pm - 2:00pm then 4:30pm - 9:30pm.
* Option to open Sunday or increase the current short operating hours for further revenue.

Staff
* The business is run and managed by two full time and Two part time members of staff.

Rent:
* The rent per annum is £7,700.

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 Middleton Range
*3 archway Kebab machine
*Bain Marie
*Tandoori Oven
*2 x Chest Freezers
*CCTV

Rates
* There are no business rates.
* 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.
* Landlord's legal fees are the buyers and sellers responsibility and are to be payable equally.

Trading Information
* Full accounts will be made available to seriously interested parties after they have viewed the business.

Regulatory
* A5 Licence
* 5* Food Hygiene Rating
* Premises licence ( alcohol )

Viewing arrangements:
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF.

DEPOSIT
** Successful applicants will be required to pay a non-refundable deposit.

Mailbox Estates highly advise early viewing to avoid disappointment.
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