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Leasehold Fish And Chip Takeaway And Restaurant Located In Bloxwich For Sale

Bloxwich, West Midlands, UK
Asking Price:
£120,000 Furniture / Fixtures included
Turnover:
£338,000
Net Profit:
Undisclosed

Leasehold Fish & Chip Takeaway & Restaurant Located In Bloxwich. Prominent Town Centre Trading Position. Three-Bedroom Accommodation Above. Restaurant & Customer Seating For 26. Licensed.

Veritas Business Sales is delighted to offer for sale Scoffs, an established fish and chip takeaway and restaurant occupying a prominent trading position in Bloxwich, Walsall. Established in 2000 and under our client’s ownership since March 2022, the business is now offered for sale due to unforeseen family commitments.
Our client has maintained the premises and its extensive range of commercial catering equipment, fixtures and fittings. We are advised that these items are owned outright and included within the asking price, providing an incoming operator with a well-equipped business. Scoffs is owner-operated, supported by one full-time and three part-time members of staff. Our client reports average weekly turnover of approximately £6,500, comprising around £5,300 in walk-in sales and £1,200 in delivery sales through Just Eat, Deliveroo and Uber Eats. The menu includes fish and battered chips, southern fried chicken, rotisserie chicken, burgers, pies, sausages, saveloys, kebabs, accompaniments, alcoholic beverages, and hot and cold drinks. The premises provide seating for 26 customers, comprising 24 covers in the raised restaurant area and two additional seats in the takeaway.
The property also includes independently accessed three-bedroom accommodation arranged over the first and second floors, currently sublet at £550 per calendar month. One of the two rear garages is also sublet at £40 per calendar month. Together, these lettings generate reported gross rental income of £7,080 per annum. There is potential to develop the existing trade through longer opening hours and Sunday trading. This represents an excellent opportunity to acquire an established takeaway and restaurant with substantial reported sales, residential accommodation and supplementary rental income.
Early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

Term: 21 years
Remaining: 16 ½ years
Rent £18,000 per annum
Building Insurance £972 per annum

Living Accommodation:

First Floor
Kitchen/dining room
Lounge
Landing with storage cupboard and stairs leading to the second floor
Second Floor
Bathroom with bath, electric shower (Triton), W/C and wash basin
3 Double bedrooms
The flat is sub-let for £550 PCM and has electric storage heating

Location:

Scoffs occupies an established trading position on High Street in Bloxwich, Walsall. The surrounding town-centre area accommodates a mix of retail and service businesses, with local shopping facilities and amenities close by. The location serves an extensive surrounding residential catchment, providing opportunities for regular and repeat custom alongside passing trade. Town-centre parking and public transport connections further enhance accessibility for customers from Bloxwich and neighbouring areas. This established high-street setting provides an attractive base for a takeaway or other customer-facing business.

Premises Details:

Ground FloorTakeaway comprising: serve over hot food cabinet with four trays, serve over sales counter, serve over hot food cabinet with eight trays, dual kebab machine (Archway), single kebab machine (Easy-cut), kebab meat shaver, extraction canopy, stainless steel shelf, four-slice toaster, microwave (Kenwood), sales till (Sam4’s), cash drawer, insect zapper, stainless steel table with storage cabinet below, under-counter fridge (Polar), under-counter fridge (Foster), under-counter freezer (Gram), saladette with two door under-counter fridge, two pan range (Middleton), single pan range (Middleton), chip box, scraps box, stainless steel wash basin, wall mounted paper towel dispenser, wall mounted soap dispenser, hot water boiler (Buffalo), stainless steel worktop, stainless steel shelf, stainless steel sink, upright drinks fridge (Coca-Cola), upright slim light drinks fridge, table and chairs to cover (2), various menu boards, upper level restaurant with tables & chairs to cover (24).Customer toiletsGents with WC, wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser.Ladies with WC, wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser.Kitchen comprising: with southern fried chicken fryer (Henny Penny), four ring gas hob, extraction canopy, stainless steel table, washing machine (Indesit), kettle, stainless steel shelf, dual stainless steel sink drainer, wall mounted knife rack, small chest freezer, two dual air fryers, chicken rotisserie oven, stainless steel four-drawer fish fridge.Chipping room with potato peeler (Bold), potato chipper (Bold), stainless steel potato soak tank (Bold), potato storage area, upright stainless steel freezer (Arctica), upright fridge (Tefcold), chest freezer (Lec), upright fridge (IARP), wall mounted metal shelf, three plastic chip bins, hallway with exit door.Staff W/C with wash basin and combination boiler.ExternalRear yard with two garages and parking for (2).Side passage with self-contained door to the flat above.The shop property benefits from UPVC double glazing and electric roller shutters to the frontage

Energy Performance Rating:
C

Business Operation

Management type:
This business is owner operated.
Trading hours:

Monday – Saturday – 11:30 – 20:00
Sunday – closed

Years established:
26 years

Other Information

Inventory / Stock value:
£2,500