West Midlands High Turnover Fish And Chip Takeaway For Sale

Business description

Traditional Well Established High Turnover fish & chip takeaway with sales of fish & chips kebabs southern fried chicken pies and burgers. Turnover averages between £6,000 to £6,400 per week with the usual high gross profit margins and operating short hours. The premise is situated on a busy link road between the A4124 Lichfield Road to the A462 and is within a group of shops including Post Office Co Op Supermarket Bargain Booze Chemists Chinese takeaway newsagents and hair salon with ample customer car parking facilities. The property comprises ground floor sales area with Preston & Thomas 3 pan gas fired automatic range rear kitchen and rear potato preparation area and WC. To the first floor there is a separate entrance two bedroom gas centrally heated flat. The whole premise is secured on a 21 years lease with a rent of £15,000 per annum. Genuine retirement sale after 12 years accounts available great opportunity. We have a qualified commercial broker who has contact with a prime lender able to assist in the financing of this or any other fish & chip shops with good rates of interest please ask for details.

Property information

Property:

Leasehold

Lease terms:

21 years lease from 2005 subject to 3 yearly rent reviews

Leasehold rent:

£15,000 per annum

Living accommodation:

Self contained separate entrance centrally heated accommdoation comprises fitted kitchen lounge bathroom and single bedroom and double bedroom.

Location:

Superbly located in a parade of shops on a busy link road in a densely populated area

Premises details:

Two storey brick built end terraced property with pitched tiled roof and with gas fired central heating to the first floor

Business Operation

Reasons for selling:

Genuine retirement sale

Trading hours:

11.45am to 2.00pm & 4.30pm to 10.00pm Monday to Friday
11.45am to 2.00pm & 4.30pm to 9.30pm Saturday
4.30pm to 10.00pm Sunday

Employees:

Operated by the owner and his son with 5 part time staff

Years established:

30 years plus

Other information

Support & training:

Support and training will be given by the vendor

Financing available:

Please use the 'contact seller' button below to obtain more information.