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Newly Renovated Fish and Chip Shop in High Traffic Birmingham Area for Sale

Birmingham, West Midlands
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Brand New Refurbed Fish Bar! Photo 1
Brand New Refurbed Fish Bar! Photo 2
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Brand New Refurbed Fish Bar!Brand New Refurbed Fish Bar!
  • Status

    FOR SALE

  • Date Submitted:

    06/12/23

  • Advert ID

    603584

  • Reference

    SCFB / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £50,000
  • Rent: £20,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Company for Sale
  • Price Further Reduced
  • Offers Invited
  • Potential for Alternative Use
  • Close to Local Amenities
  • Town Centre location
  • Small Business
  • New Lease
  • Prime Location
  • Central Position in Affluent Village
  • Large Business for Sale
  • Split Level Trading Area
  • Open Plan Trading Area
  • Vacant/Empty Premises
  • Fully Fitted
  • Unique Business
  • With Car Park
  • High Turnover
  • Price Reduced
  • Currently Closed
  • Established Business
  • Attractive Business
  • Accounts Available
  • Free of Tie Leasehold

Business Details

Brand New Refurbed Fish Bar!

Mailbox Estates welcomes to the market a traditional Fish and Chip Shop.

Currently Closed, since September 2022, this opportunity suits an experienced operator or an entrepreneur who is looking to increase the sales.

The Opportunity:
* Historically weekly turnover of £6,500 - £7,000
* Fitted Takeaway business
* Nill Business Rates
* Ability to start trading immediately
* EPC rating C

Reason For Sale:
* Established for more than 10 years, our client is now offering the business for sale due to other commitments.

Location:
* The store is located on a busy street in a residential area and benefits from high levels of footfall and passing trade.

* Bold signage is displayed above the width of the shop with an entrance door and large glass window that floods the store with natural light.

Internal:
* Ground floor - Shop area of approximately 161 Sq M (1732 Sq.ft)

* Well fitted servery area, kitchen area, prep room, generous storage rooms.
* Staff WC to the rear.

External:
* Road side parking.
* Delivery access to the rear for loading / unloading.

Weekly Turnover
* We have been advised by our client that the weekly turnover was £6,500 on average.

Tenure
* The site is offered by way of assignment of the existing lease with 3 years remaining and is renewable.
* A new lease of 15 - 20 years may be granted.

Trading Hours:
* The previous trading hours were
Monday to Saturday 12.00pm - 23.00pm
Sunday 16.00pm - 22.00pm

Staff
* The business is closed so there are no staff.

Accommodation
* The store is being sold as a lock -up unit so there is no accommodation.

Rent:
* The rent per annum is £20,000.
* Annual service charge of £2,200.

Fixtures and Fittings
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
* 2 Pan Middleton Range
* Stainless Steel Salad Bar Chiller
* Double door Fridge
* Chest Freezer
* Bold Peeler

Rates
* There are no business rates.

Legal costs
* Each party to be responsible for their own legal costs in connection with the sale.

* Landlord's legal fees are the buyers and sellers responsibility.
* Landlords legal fees are the buyers responsibility if a new lease is required.

Trading Information
* We are in receipt of previous trading history to verify the weekly turnover of £6,500. This will be made available to seriously interested parties after they have viewed the business.

Regulatory
* A5 Licence

Viewing arrangements:
* Mailbox Estates highly advise early viewing to avoid disappointment.

DEPOSIT
*Successful Applicants will be required to pay a non-refundable deposit.

Mailbox Estates highly advise early viewing to avoid disappointment.

Tenure: Leasehold (3 years)
Remaining Lease 3 1/5 years remaining
once ended a new lease can be granted for 15 or 20 years

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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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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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The data showed regarding this advert 'Brand New Refurbed Fish Bar! - SCFB / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.