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Freehold Fish/chip Shop In Tamworth For Sale

tamworth, West Midlands, 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, savory 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:$0pm - 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 IT'S STAFF

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

Tenure: Freehold

Property Information

Property:

Freehold