High Turnover Fish And Chip Takeaway In Birmingham For Sale

Business description

A rare opportunity to purchase a quality traditional fish & chip takeaway with very high turnover on the market for the first time in 38 years being in the same family ownership since 1973. Sales average £14,000 per week with a gross profit yield in the region of 61%. The premise briefly comprises ground floor spacious sales area with 4 pan gas fired Preston & Thomas range rear preparation area rear area with walk in cold room potato preparation area WC’s and further storeroom. To the first floor lounge bedroom shower room and store room all secured on a 21 years lease from 2010 and with a rent of £16,000 per annum. Located in a very busy area on a main road approximately 2 miles from Birmingham city centre. Operating 12pm to 11pm Monday to Saturday and 3pm to 10pm Sunday.

Property information

Property:

Leasehold

Lease terms:

Property secured on a 21 years lease from 2010 subject to 3 yearly rent reviews

Leasehold rent:

£16,000 per annum

Living accommodation:

To the first floor there is a bedroom lounge and shower room

Location:

Located on a very busy main road approximately 2 miles from Birmingham city centre

Premises details:

The property briefly comprises spacious ground floor sales area with rear preparation area further rear area with walk in cold room potato preparation area WC and further store. To the first floor lounge bedroom and shower room

Business Operation

Trading hours:

12.00pm to 11.00pm Monday to Saturday and 3.00pm to 10.00pm Sunday

Employees:

Operated by two owners with 3 full time staff and 4 part time

Years established:

Operating since 1973

Other information

Support & training:

Full tuition will be given to ay new owner

Financing available:

We can introduce you to various business brokers or banks depending on your circumstances. We now have a qualified commercial broker with us able to offer finance from prime lenders at reasonable interest rates.