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Staff Run Fish And Chip Shop In Oldbury For Sale

Oldbury, West Midlands, UK
Asking Price:
£285,000
Turnover:
£676,000
Net Profit:
Undisclosed

Mailbox Estates is pleased to present an exceptional opportunity to acquire a thriving fish and chip shop, ideally located in a high-traffic area along a vibrant main road. Surrounded by a variety of retail outlets, this prime location also offers generous free parking for added convenience

THE OPPORTUNITY:

  • Well-established and highly regarded traditional Fish & Chip shop, situated on a bustling main road
  • Prime location, surrounded by local stores and thriving businesses
  • Impressive weekly takings of £13,000
  • Option to retain the franchise brand name for just £50 per week

REASON FOR SALE:
* Our client is selling this business in order to focus on other business interests

LOCATION:

  • The store is prominently located on a busy street with neighbouring businesses including a very busy supermarket , Pharmacist and benefits from footfall/passing trade
  • The store is well presented and maintained, with clear visible signage

INTERNAL:
* Upon stepping into the store, you're greeted by the chip shop featuring a servery counter adorned with a built-in fish tank. Behind this counter is a three-pan range and four kebab rotisseries. Moving beyond the serving area, you'll find the food preparation area, a rear potato prep section, additional storage space, and a WC

EXTERNAL:

  • There is secure customer parking available to the rear of the store.
  • Delivery access to the rear

WEEKLY TURNOVER:

  • We have been advised by our client that the weekly turnover on average £13,000
  • The business is a member of Just Eat & Uber Eats and Deliveroo
  • Counter sales contribute to around 40% of the sales
  • To cover delivery platform fees, store price is marked up by another 30%

TENURE:
* The business is offered for sale by way of assignment of the existing lease.
A new lease option may be available with further terms to be negotiated

TRADING HOURS:

  • Monday - Saturday 12:00pm - 9:30pm
  • Sunday - 3.30pm - 8.30pm

STAFF:
* The business is run and managed by Two full time and Six part time members of staff

RENT:
* The rent per annum is £19,440

FIXTURES & FITTINGS:
* The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price

RATES:
* Purchasers should enquire with relevant local authorities to confirm the rates payable

LEGAL COSTS:

  • Each party to be responsible for their own legal costs in connection with the sale
  • Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally

TRADING INFORMATION:
* Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises.

DEPOSIT:
* Successful Applicants will be required to pay a non-refundable deposit.

REGULATORY LICENCE:

  • A5 Licence
  • 5 Food Hygiene Rating

VIEWING ARRAGEMENTS::

  • Mailbox Estates highly advise 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.

Property Information

Property:

Leasehold