High Turnover Fish and Chip Shop with 5-Star Hygiene Rating in Birmingham
Birmingham, West Midlands
- Status
FOR SALE
- Date Submitted:
07/02/24
- Advert ID
606388
- Reference
CS0161 / Rightbiz
- Call Agent:
- Leasehold: £200,000
- Rent: £22,000
- Turnover: £520,000 (£10,000 Per week)
- Net Profit: On request
Key Features
- Close to Local Amenities
- High Turnover
- New Lease
- Retirement Sale
- Offers Invited
- Fully Fitted
- Price Reduced
- Established Business
- Potential for Alternative Use
- Accounts Available
- Price Further Reduced
- Small Business
- Prime Location
- Large Business for Sale
- Adjacent to Multiple Retailers
- Attractive Business
- Unique Business
Business Details
Established Fish and Chip Shop With High Turnover
Mailbox Estates offer an exciting opportunity to acquire a freehold long standing and well-run traditional fish and chip shop.
The Opportunity:
• Weekly turnover in excess of £10,000
• Nil Business Rates
• Two bedroom flat with rental income of £800.00 per month
• 5* Food Hygiene Rating
Reason For Sale:
• Our client is selling this business in order to focus on other business interests that are geographically closer to home
Location:
• This excellent fish bar is located on a busy street close to a residential area, upon a local bus route and benefits from high levels of footfall and passing trade
• The shop sits alongside other complimentary retail businesses including several well-known high street names
• The store is well presented and maintained, with clear visible signage
Internal:
• Internal area of 158 sq.m (1700 sq. ft)
External:
• There is secure customer parking available to the front and rear
• Delivery access to the rear
Weekly Turnover:
• We have been advised by our client that the weekly turnover on average £10,000
•The business is a member of Just Eat, Uber Eats and Deliveroo
Tenure:
• The business is offered for sale with the freehold
Trading Hours:
Monday - Thursday 12:00pm - 9:30pm
Friday - Saturday 12:00pm - 10:00pm
Sunday - Closed
Staff:
• The business is run and managed by one full time and five part time members of staff
Accommodation:
• Included in the sale, a two bedroom flat that benefits from separate access. Currently rented out for £800.00 per calendar month but may be vacant upon possession if required
Fixtures and Fittings:
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
Rates:
• Purchasers should enquire with relevant local authorities to confirm the rates payable
Legal costs:
• Each party to be responsible for their own legal costs in connection with the sale
Trading Information:
• Full accounts will be made available to seriously interested parties after they have viewed the business
Regulatory:
* A5 Licence
* 5 Food Hygiene Rating
Viewing Arrangements:
• Mailbox Estates highly advise early viewing to avoid disappointment
• Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT’S STAFF.
DEPOSIT
*Successful Applicants will be required to pay a non-refundable deposit.
Contact Agent
Listing Statistics
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.
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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
