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Leasehold Fish Chip Takeaway In Yardley Wood For Sale

Yardley Wood, West Midlands, UK
Asking Price:
£115,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Leasehold Fish & Chip Takeaway located in Yardley Wood, Birmingham. Established business and comes with 2 bedroom accommodation above which has been newly renovated and is currently sublet.

Veritas Business sales are delighted to offer for sale this respected Fish & Chip Takeaway which is located in Yardley Wood. The business has been established since 1973 and is now being offered for sale due to other business commitments requiring their attention.
Since ownership they have continually invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price which means that any new purchaser will not need to spend any additional funds for some time. Prince of Wales Fish Bar is owner operated with the help 1 full time and 4 part time member of staff. Turnover and accounting information can be provided on application. They serve traditional fish & chips, pies, pasties, kebabs, burgers, sausages, southern fried chicken, vegetarian options, milkshakes and cold drinks.
We believe that there is further potential to increase trade by maybe opening on Sundays and expanding the food offering such as pizzas. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade, along with plenty of passing trade. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this one is not to be missed.

Property Information

Property:

Leasehold

Lease Terms:

New lease to be granted
Term negotiable
Rent: £18,000 per annum

Leasehold Rent:

£18,000 per annum

Location:

This well established Fish & Chip Takeaway is located on the Prince of Wales Lane in Yardley Wood, Birmingham. Situated within a prominent and highly visible trading position within a small parade of shops and the immediate area is densely populated with residential houses which brings decent levels of footfall to the area. Warstock is situated between the A34 and A435 which gives easy access to the M42 and M5 motorways. The Takeaway benefits from being on a bus route, has a local train station and is in close proximity to Birmingham City centre.

Premises Details:

Ground Floor
Takeaway comprising: serve over sales counter with 2 pan split range (Preston & Thomas) 2 chip boxes, 2 scraps boxes, drinks fridge, microwave (LG), microwave (Samsung), 4 pot dry bain-marie, 3 pot wet bain-marie (Buffalo), toaster, double kebab rack, single kebab rack, kebab meat shaver, food warming cabinet, stainless steel table x 2, fish fridge, upright fridge/freezer (Indesit),wash basin, stainless steel sink drainer with storage units below and extraction canopy.
Chipping room with peeler (IMC), chipper, 3 plastic potato soak tubs and electric water heater (Rinnai).
Kitchen with worktops, sink drainer, wall & base units, chest freezer, upright fridge (Logik), chicken fryer (Kuroma), microwave (Panasonic), 4 ring gas hob, batter mixer and grill.
Potato stores with storage racking, 2 chest freezers, small freezer (Norfrost) and patio doors leading to the rear garden.

First floor
Front entrance door leading to a hallway. Family bathroom with Bath, W/C, wash basin and electric shower.
Kitchen with worktops, sink, 4 ring electric hob/oven, wall & base units and washing machine.
Storeroom/utility
Lounge
Double bedroom
Second Floor
Double bedroom with velux window.

The flat is let for £650 PCM and benefits from electric storage heating. The flat is newly renovated with a new kitchen, bathroom and new carpets throughout.

External
Rear yard and garden with a metal storage shed. Side gate leading to a shared passageway. Metal stairs leading to the first floor flat.

The property benefits from a CCTV (6 camera) system, electric roller shutters to the frontage and UPVC double glazed windows.

Business Operation

Trading hours:

Monday – Saturday – 12:00pm – 2:00pm – 4:30pm – 10:00pm
Sunday – closed

Other Information

Inventory / Stock value:
£2,500

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