Fish & Chip Shop plus Pizza in West Midlands For Sale

Situated in a small parade, excellent trading position, residential area, West Midlands.

Turnover £ 8,500
Price £190,000

Features

Fish & Chips Shop Plus Slight Kebabs and Pizza

6 DAYS OPENING
4 STAR HYGIENE RATING

Ample customer's car parking as there are no parking restrictions in front of shop.

SINGLE FRONTED PREMISES in the region of 765 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED lights, 3 pan Preston & Thomas counter range, chip dump, EPOS till, 5 LED Menu Boards, 3 kebab machine, pizza oven with conveyor belt (single deck), CCTV system (8 cameras, 1 monitor).

Kitchen, stainless steel extractor unit, Cooker (Gas 4-burner), potato chipper and peeler, stainless steel extractor unit, refrigerated making table

Walkin coldroom.

Stock room

Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,500 p.w. with a Gross profit of 65% approx. (Including £2,500 approx DELIVERIES)

Staff

The business is at present operated by the vendor with the assistance of 5 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 12 noon - 2pm then 4.30pm - 9pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £650 per month. The accommodation comprises:

3 Bedrooms (2 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2013 with reviews every 5 years (next review 2028) at a current rent of £21,500 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £190,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 95,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote