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Leasehold Fish And Chip Takeaway Located In Billesley For Sale

Billesley, West Midlands, UK
Asking Price:
£179,950 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Leasehold Fish & Chip Takeaway Located in Billesley, Birmingham. Established business with a great reputation. Fully fitted and high turnover business.

Veritas Business Sales are privileged to offer to the market this respected Fish & Chip Takeaway which is located in Billesley. The shop has been a takeaway for many decades and has been in the hands of the current owner for past 15 years and is now being offered for sale so that he can work towards semi-retirement
Since ownership there has been continual investment in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Pete’s Pan is owner operated with the help of a team of 2 full time and 8 part time members of staff. They enjoy a consistent and high weekly turnover. They serving a fine range of fish & chips, along with, pies, saveloys, condiments, kebabs, burgers, fried chicken and cold drinks.
We believe that there is further potential to increase trade should you wish, by expanding upon the current menu. They have built a strong reputation within the local community and beyond for serving high quality food and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a thriving takeaway which is a great base to build upon and as such early viewing is highly recommended as this is one not to be missed.

Property Information

Property:

Leasehold

Lease Terms:

Term: 25 years
Remaining: 15 years
Reviewed: 5 yearly
Rent: £16,200 pa
Rates: zero

Leasehold Rent:

£16,200 per annum

Living Accommodation:

First floor
Kitchen/lounge.
Bathroom with bath, W/C and wash basin.
Double bedroom.
The flat is sub-let for £500 PCM and benefits from UPVC double glazing and gas fired central heating.

Flat EPC Rating E

Location:

This extremely well established Fish & Chip Takeaway is located in the suburb of Billesley in Birmingham. Situated within a prominent and highly visible, corner trading position on Yardley Wood Road where is meets Trittiford Road. It’s within a parade of four shops to include two pharmacy’s and an accountancy practice. Adjacent you have a church, doctors surgery, Moseley Rugby Club and Billesley Common. The immediate area is densely populated with residential properties, all of which bring high levels of footfall to the area.

Premises Details:

Ground Floor
Takeaway comprising: 10 x wall mounted menu boards, wall mounted TV, serve over sales counter with COVID-19 screen and 2 x EPOS till systems (Sam4s), 3 pan range (Hewigo) with chip box and scraps box, 3 door undercounter drinks chiller, slush machine, 9 pot wet bain-marie with 2 door storage unit below, wall mounted metal shelf, griddle, char grill, stainless steel wash basin, wall mounted soap dispenser, stainless steel table wit 2 door undercounter fridge, stainless steel table, 3 x single kebab racks, kebab meat shaver, chicken fryer (Henny Penny), extraction canopy, 2 microwaves, saladette with 2 door undercounter fridge, stainless steel table, wall mounted metal shelf, walk-in freezer and Deliveroo & Uber Eats terminals.
Staff W/C with wash basin.
Hallway with 5 shelf storage rack, 2 x plastic flour storage tubs and combination boiler (Worcester Bosch).
Staffroom with sofa, TV and storage shelves.
Preparation kitchen comprising: walk-in cold room, 6 burner range, extraction canopy, vegetable cutter, batter mix, stainless steel double sink drainer, potato chipper (Bold), potato peeler (Bold), stainless steel potato soak tub, 3 x plastic soak tubs, potato storage area, stainless steel fish fridge, stainless steel table, 5 tier storage rack and side door exit.
The shop benefits from both electric & manual roller-shutters to the frontage, an intruder alarm and a CCTV (12 camera system).
Shop EPC Rating?

External
Side yard with brick built storeroom and entrance door to the flat. Shared rear service road and frontage with a disabled ramp.

Business Operation

Trading hours:

Monday – Saturday – 12.00pm – 9.00pm
Sundays – 5.00pm – 9.00pm

Other Information

Inventory / Stock value:
£1,500