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Fish And Chips In Newtown For Sale

Newtown, West Midlands
Asking Price:
£125,000
Sales Revenue:
£169,000
Cash Flow:
Available on request

Well Presented and Equipped Fish & Chip Shop For Sale - Birmingham

Good Unopposed Trading Position in a Busy Shopping Precinct
Spacious Sales and Storage Areas
High Takings £3,250 per week
Leasehold Price £125,000

Description and Trade:
A superior Fish & Chip shop situated in a busy Shopping Centre close to multiple and independent traders, with a large free car park directly outside.
The pedestrianised shopping centre serves a densely populated area, and has no nearby competitors in this type of trade.
The Business sells Fish & Chips, Kebabs, Pies & Pasties, Chicken, Burgers and other related foods for take away trade only.

Premises:
With a prominent corner position and two entrance doors to the spacious Sales & Serving Area (around 570 sq. ft) with laminate floor and spot lighting.
Preparation Area (27` 0" x 5` 6"); Potato Room; w.c; large Basement Storage Room (around 900 sq. ft.).
The Premises are protected with a burglar alarm system and CCTV system.
The Business is comprehensively equipped with a large inventory of fixtures and fittings to be included in the sale. Details will be provided to serious applicants on request.

Accommodation:
There is no living accommodation.

Comments:
A super opportunity to acquire a superb Fish & Chip shop with good lunchtime trade, High Sales & Profits and a long lease.

Our Client Informs Us That:
Takings and Profitability:
Takings are, on average, around £3,250 per week, with the usual High Gross Profits associated with the trade.

Trading Hours:
Monday to Friday: 11.30am - 10.30pm
Saturday: 11.30am - 10.00pm
Sunday: Closed

Staff:
The Business is operated by two family members, with the help of just one part-time assistant.

Tenure:
Leasehold. Lease terms are to be advised, but we understand that there are around 20 years unexpired, with 5-yearly review dates.
Rent payable is around £16,000 per annum.

Price:
£125,000 plus stock at valuation for the Lease, Business, Fixtures, Fittings and Equipment.
On a leasehold sale the purchaser will be required to undertake to pay the landlord`s reasonable legal costs.

Property Information

Property:

Leasehold

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