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Traditional Fish And Chip Takeaway In Oldbury For Sale

Oldbury, West Midlands, UK
Asking Price:
£39,950
Turnover:
£260,000
Net Profit:
Under £50K

Traditional very well established fish & chip takeaway operating from a retail shop with 2 bedroom accommodation in a parade of shops including convenience store hair salon beauticians bike shop card shop and dental surgery in a good residential area. Takings currently £5,000 per week with the usual high gross profit yield from hours of 4.00pm to 10.00pm Monday to Saturday closed Sundays. The spacious premise briefly comprises sales area rear preparation area further rear preparation area 2 x store rooms side passage and WC. To the first floor there is a separate entrance two bedroom flat with lounge kitchen and bathroom currently let on a shorthold tenancy agreement with a rent of £545 per month vacant possession can be granted. To the outside rear yard with vehicle access and to the front forecourt with bench seating. The whole property is secured on a 20 years lease from 2019 with a rent of £13,500 per month. The shop does not carry out any deliveries at present all over the counter sales.

Property Information

Property:

Leasehold

Lease Terms:

20 years lease from 2019

Leasehold Rent:

£13,500 per annum

Living Accommodation:

To the first floor there is a separate entrance two bedroom flat with lounge kitchen and bathroom

Location:

The business is located in a good parade of shops in Oldbury/Quinton in a nice residential area

Premises Details:

The spacious premise briefly comprises sales area rear preparation area further rear preparation area
2 x store rooms side passage and WC. To the outside rear yard with vehicle access and to the front forecourt with bench seating.

Planning Consent:

A5 Hot Food Takeaway

Business Operation

Trading hours:

4.00pm to 10.00pm Monday to Saturday. Closed Sundays.

Employees:
Operated by the owner and his wife
Years established:
Over 50 years

Contact Hurdley & Co

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