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Traditional Fish And Chip Shop In Walsall For Sale

Walsall, West Midlands, UK
Asking Price:
£85,000
Turnover:
£234,000
Net Profit:
Not applicable

Mailbox Estates is delighted to present an exceptional opportunity: a traditional Fish & Chip Shop now available for sale.

Our clients are now offering an opportunity for an existing operator or an ambitious entrepreneur to take over this already successful business. The takeaway offers a wide selection of foods from Fish, Kebabs, Burgers, sundries, pies and children’s meals.

This excellent fish bar sits within an ideal location and takes advantage of the passing foot traffic along with easy parking for collections. This business sits within a popular parade with a neighbouring convenience store, pet store, butchers, an aesthetics clinic and supermarket. The shop benefits from easy access via a local bus route and is within walking distance of four primary schools, ensuring a steady flow of potential customers.

The Opportunity:
•Established by the family in 1975, boasting a loyal customer base
•Exceptionally low rent at £10,500 per annum, ensuring favourable financial overheads
•Active and well-managed Facebook page with a substantial following of over 1,500 followers, enhancing online visibility and engagement
•Business website in place for direct deliveries, providing convenience and accessibility for customers
•5* Food Hygiene Rating
•Option to add Just Eat and other delivery platforms for more exposure

Weekly Turnover:
•Our client has informed us that the average weekly turnover is £5,000
•Delivery sales account for approximately £1,500 per week
•Currently, telephone home deliveries and Uber Eats cover a 1.5-mile radius only, with no association with major brands like Just Eat, Deliveroo, and Food Hub. This indicates significant potential for business expansion and growth opportunities

Tenure:
•The site is offered by way of assignment with 5 years remaining and an option to renew at the end of the term

Rates:
•The business benefits from Small Business Rates Relief

Staff:
•The business operates with three full time members of staff, two part time and three delivery drivers

Trading Hours:
•Monday - Wednesday 4:30pm - 8:30pm
•Thursday – Saturday 12:00pm – 2:00pm, 4:30pm – 9:00pm
•Option to extend the current trading hours or to take advantage of the trade and open on Sundays.

Internal:
•Internal area of 80 sqm (861 sq. ft)
•Main shop serving area, separate kitchen and preparation area plus a further chipper area

External:
•To the front of the building there are 15 designated customer parking spaces.

Fixtures and Fittings:
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price such as:
•4 Pot Bain-marie plus 2 Pot (dry)
•4 Kebab Machines
•Stainless Steel Counters
•Tall Fridge Freezer
•Double Stainless-Steel Chiller
•3 X Chest Freezers
•Chicken Machine
•4 Channel CCTV
•Microwave
•Electric Shutters

Regulatory:
•A5 License
•5*Food Hygiene Rating

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:
•Full accounts and trading history will be made available to seriously interested parties after they have viewed the business.

Viewing Arrangements:
•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.

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

Property Information

Property:

Leasehold