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Leasehold Fish & Chip Takeaway with Flat in Darlaston, Wednesbury for Sale at £325,000

Wednesbury, West Midlands
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Leasehold Fish & Chip Takeaway Located In Darlaston Photo 1
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  • Status

    FOR SALE

  • Date Submitted:

    24/07/23

  • Advert ID

    517066

  • Reference

    2897 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £275,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Fish & Chip Takeaway Located In Darlaston

Leasehold Fish & Chip Takeaway Located In Darlaston
Ratings / Just Eat 4.7 / Uber Eats 4.7 / Google 4.5
Three Bedroom Flat Above
Newly Fitted Shop
Ref 2897

Location
This well established Fish & Chip Takeaway is located in Darlaston, Wednesbury. Situated within a prominent and highly visible trading position on Wolverhampton Street. Darlaston is an industrial town situated between Wednesbury (2 miles) and Walsall (3.9 miles). Wolverhampton town centre is (4.6 miles). The immediate area offers plenty of residential houses, businesses and industry. All of which bring high levels of footfall to the area. The M6 and M5 motorways are nearby which makes the area easily accessible.

Leasehold Asking Price: £275,000 plus SAV (£5,000)

Business Description
Veritas Business Sales offer to the market this renowned Fish & Chip Takeaway which is located in Darlaston. There has been a Fish & Chip business trading from these premises since the 1960’s. Our client has been operating the business since 1989 and only now are they offering the business so that they can enjoy a well deserved retirement.
Since ownership they have totally refurbished, redecorated and invested in brand new equipment (some of which is bespoke) along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Takeaway is owner operated by mother and son with the help of 2 full time and 4 part time members of staff and has an impressive average weekly turnover of £13,000 - £14,000. Walk in trade equates to approximately 50% of turnover with the remaining 50% deriving from the online delivery portals Uber Eats, Just Eat and Deliveroo. They serving a fine range of fish & chips, along with, pies, sausages, sundries, condiments, kebabs, burgers, southern fried chicken, ice cream and cold drinks. They have a fantastic reputation for the quality of their food and are famous for their battered chips. They have a large social media following with 4,200 Facebook followers and 3,231 Instagram followers.
We believe that a new operator could increase turnover should they wish by extending the current opening times. The business has built a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a new and fully fitted turnkey business where all the hard work has been done which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Saturday – 3:00pm – 10:00pm
Sunday – 4:00pm – 9:30pm

Leasehold
Walsall council lease
Term: 7 year rolling
Remaining: 5 years
Reviewed; 3 yearly
Rent: £9,000 pa
Business rates: zero

Ground Floor
Takeaway comprising: serve over sales counter, EPOS till system, drinks machine (Pepsi Max), slimline ice cream freezer (Ben & Jerry’s), bespoke 3 pan range (Henry Nuttall) with 2 x chip boxes and 3 x warming cabinets, 5 x digital menu monitors, stainless steel table, 2 x metal shelves, 2 x commercial microwaves (Kenwood), stainless steel table with cupboards below, 4 pot wet bain-marie, 2 x double kebab machines, 2 x kebab meat shavers, electric knife, extraction canopy, bespoke hot food hold (Henry Nuttall), worktop, panini press (Adexa), CCTV monitor (7 camera system), stainless steel table and undercounter freezer.
Preparation room with wash basin, vegetable cutter (Modena), batter mixer (Bold), southern fried chicken fryer, bespoke chip batter mixer (Manica), boiler (Vokera), extraction canopy, chest freezer and 4 tier storage unit.
Staff W/C with wash basin.
Hallway with rear exit door.
Dry store/office with desk, chair and 5 x metal storage units.
Chipping room with chest freezer, stainless steel double door fridge (Polar), stainless steel fish fridge (Sadin), stainless steel raw meat fridge (Coolit), potato chipper (Bold), stainless steel sink drainer, 2 x wall mounted knife racks, sink, potato peeler (25KG), 2 x plastic chip bins, potato storage area and rear exit door.
The premises benefits from electric roller shutters to the frontage
The flat above is sub-let for £500 PCM

External
Rear service road with parking for (3) cars.

EPC Rating E

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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