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Well Established Fish And Chip Shop/café – West Midlands for Sale

The West Midlands

Leasehold : £ 189,999

The business is situated in a prime location in a large shopping centre in Birmingham, which is in the West Midlands. The business is surrounded by complementary businesses and shops and is in close proximity of public transport and other facilities, which means a high footfall and passing trade. The shopping centre is very close to the M5 motorway which makes it convenient for commuters and local workers. Birmingham is the largest of England's core cities, and is the second city of the United Kingdom. It forms part of the larger West Midlands conurbation and includes several neighbouring towns and cities, such as Solihull, Wolverhampton and the towns of the Black Country. Birmingham benefits massively from having easy access to the M6, M5, M42, M40 and connecting M1 motorways making UK travelling very easy.

WELL ESTABLISHED FISH AND CHIP SHOP/CAFÉ – WEST MIDLANDS
Monopoly trade within local area
Ideal partnership opportunity
Regular and repeat trade
Genuine retirement sale
Walk in condition
LEASEHOLD

Business History
Meridian Business Sales are pleased to offer to the market this well equipped Fish & Chip shop/ takeaway/ restaurant takeaway business which was established by our client over 10 years ago and is only now being reluctantly offered to the market due to our clients desire to take well deserved retirement. Since the business was established our client has invested time and money into the business, meaning that it is in full walk in condition. They have continually introduced new lines and income streams which have enhanced the business massively. Our client informs us that the annual turnover currently runs at £364,000 with a gross profit of 70% with the predominant trading point of 80% being Fish and Chips. It has established a good loyal customer base and has a monopoly trade within the area. It derives its income from the sale of fish and chips, pizza, and kebabs together with hot and cold drinks and other associated products to eat in or take away. The Fish and Chip shop/Restaurant has seating for 40 and caters for lunch and evening meals as well as also providing a small breakfast menu and a takeaway service. There is scope to expand the current pizza menu, offer a delivery service and could increase income with advertising promotions. The business is a member of Just Eat and enjoys much regular and repeat trade. This is a superb opportunity for a partnership to purchase a well established business which is a great base to build upon and as such, early viewing is strongly recommended to appreciate the potential of this business.

Accommodation: The well signed business premises have a secured entrance leading to the café area with seating for 40 with a fully fitted commercial kitchen to the rear:


EXTERNAL

24 hour town centre security
Off road parking
Communal parking

 
Tenure: We are advised leasehold
Original length: 15 years
Lease is renewable
Rent: £19,000pa
 
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220 Advert ID 48276    Sellers Ref : 4550/BSOL

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