Mailbox Estates is delighted to present this high-turnover, leasehold Fish & Chip Restaurant & Takeaway located in Cotteridge, Birmingham. This long-established business offers an exceptional opportunity for an experienced operator or investor.
With a strong reputation in the community, a consistent customer base, and a large, fully fitted premises, this is a rare opportunity to acquire a profitable and respected business with further growth potential.
THE OPPORTUNITY:
Very High Weekly Turnover: Details available upon request
Established: Since 1989 - owned by the same family for over 30 years
Online Ordering System: Integrated via EPOS (integer)
Staffing: Owner operated with 2 full-time and 8 part-time staff
WEEKLY SALES
Online Sales: 35% of total turnover, split between Just Eat and the business's own ordering portal.
Just Eat accounts for approximately 60% of online orders.
The in-house system accounts for around 40% of online orders, benefiting from a lower commission rate of 4% compared to Just Eat's 14%.
* Average 65% gross margins
Walk-in & Restaurant Sales: Approximately 65% of total revenue.
LOCATION
*Nearby Retail and Leisure Facilities: Surrounded by a mix of convenience stores, supermarkets, and popular leisure venues that attract steady foot traffic.
*Ample Parking: Customer parking available nearby, making it convenient for takeaway orders and dine-in customers.
*Located in an area with ongoing residential development and regeneration projects, offering potential for increased future demand.
Footfall: High levels of pedestrian and vehicle traffic
EXTERNAL
Rear access with bin area, 2 garages, and parking
Frontage space suitable for external seating
INTERNAL
*Indoor seating for 20
*Fully fitted with high-quality equipment including a 4-pan Preston & Thomas range, 5 *Archway kebab machines, walk-in cold room, walk-in freezer, griddle, chargrill, bain-maries, and multiple fridges/freezers
*Dedicated prep area, chipping room, and storage
*Integrated EPOS tills (x2)
*Staff WC and staff lockers
Trading Hours:
*Monday - Saturday: 12:00pm - 10:00pm
*Sunday: 5:00pm - 10:00pm
Tenure:
*The site is being transferred by way of assignment of the existing lease with 21 years remaning and is renewable.
RENT
*The rent per annum is £22,000 with rent review every third anniversary.
EXPANSION POTENTIAL
*There is scope to further increase revenue by extending trading hours
*Developing the adjacent land to expand the restaurant seating area
LEGAL COSTS
*Each party to bear their own legal costs
*Landlord's legal fees to be shared equally between buyer and seller
RATES:
*Enjoy the advantage of zero rates payable, further enhancing the appeal of this opportunity.
REGULATORY
*A5 Licence
*5 Food Hygiene Rating
VIEWING ARRANGMENTS
*Mailbox Estates highly recommends early viewing to avoid disappointment.
*Discreet customer visits are welcomed, but on no account should any direct approach be made to the vendor or staff.
Deposit:
A non-refundable deposit will be required from the successful applicant by appointment only Mailbox Estates - Head office, 95b Trentham Road, Stoke-On-Trent, England, ST3 4EG.
