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Freehold Fish&chip Shop In Tamworth For Sale

Tamworth, Staffordshire, UK
Asking Price:
£650,000
Turnover:
£338,000
Net Profit:
Available on request

An exceptional investment opportunity awaits, ideal for either an aspiring restaurant owner seeking to manage their own venture or a savvy property investor looking to secure a steady stream of income by leasing the premises

The store operates as a traditional fish and chip shop, offering fish, kebabs, savoury foods, wraps, naans, and Southern Fried Chicken.

An opportunity is also present to purchase the Freehold and sell the business with a 20-year lease for guaranteed rental income. The house can also be rented out privately per room for even more rental income.

REASON FOR SALE:
• Established for more than 40 years and under ownership by our client since 2021, our clients are offering this Freehold gem for sale due to family commitments.

THE OPPORTUNITY:
• Freehold detached property in a desirable trading position
• Accommodation included
• High turnover with potential for growth with delivery platforms or Pizzas
• The current owner is happy to offer a handover to ensure continued success.
• 5 Food Hygiene Rating

LOCATION:
• Occupying a valuable trading position where premises are always in demand and rarely become available
Adjacent is a Co-op supermarket, a local bus stop, and a very busy pub.
• 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.

TURNOVER:
• We have been advised by our client that the turnover is £6,500 per week.
• Huge opportunity to increase profits by introducing a delivery service with Just Eat, Uber Eats, etc. or by offering pizza.

STAFF:
• The business is run and managed by the owner with the help of three part-time members.

INTERNAL:
• Staff Washroom
• Rear access leads to preparation room and secures Garden and car spaces

EXTERNAL:
• Secure owner parking ( 5 spaces ) at the rear and on-street customer parking.

FIXTURES & FITTINGS:
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price, such as:
•3 Pan Tom Preston Range
Double Archway Kebab Machine
•Bold Chipper / Peeler
•Epos System
•CCTV
•4 Pot Baine Marie
•Stainless Stainless steel microwave
•Coca Coca-Cola drinks chiller x 2
Salad Counter Bar
•Steel Fridge

All fixtures and fittings are to be included within the sale; however, any items that are owned by a third party or personal to our clients will be exempt.

ACCOMMODATION:
• The living accommodation is situated above the shop and comprises on the Ground Floor: a day room; a large hallway with front entrance door; large fitted Kitchen/Diner; spacious Lounge/Dining Room; a utility room; and a cloakroom.

• On the Upper Floor:
Master Bedroom with fitted wardrobes and en-suite Shower Room; Spacious two Double Bedrooms, one with fitted wardrobes; further Bedroom; family Bathroom with bath, shower, W.C, and Airing Cupboard.

• The living accommodation is centrally heated, double-glazed, and in excellent condition throughout.

OPENING HOURS:
• Monday-Saturday, 12.00am–2:00pm, then 4:00pm–9:30pm
• Sunday: closed

RATES:
• Purchasers should inquire with relevant local authorities to confirm the rates payable.

TENURE:
• The freehold property is offered for sale, including the business, fixtures and fittings, and equipment.

LEGAL COSTS:
• Each party is responsible for their own legal costs in connection with the sale.

REGULATORY LICENCE:
• A5 Licence
• 5* Food Hygiene Rating

TRADING INFORMATION:
• Trading information will be made available to genuinely interested parties who have signed a non-disclosure disclosure agreement and viewed the premises.

VIEWING ARRANGEMENTS
• Mailbox Estates highly advises 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 its STAFF

DEPOSITS:
Successful applicants will be required to pay a non-refundable deposit.

Tenure: Freehold

Property Information

Property:

Freehold