A great opportunity to purchase a quality very well established high turnover traditional fish & chip takeaway less than 5 miles south west of Solihull in a good residential area in a super parade of shops including Spar store One Stop convenience store an opticians coffee shop and Chinese takeaway with plenty of customer car parking facilities. Takings average £7,000 per week with the usual high gross profit margin operating basically 12pm till 2pm and 4.30pm till 9.30pm Monday to Saturday closed on Sundays. The premise comprises ground floor sales area with rear preparation area potato prep and to the first floor 2 x rooms used for storage and WC and outside rear vehicle access and parking for the shop owners. The first floor area could be converted to one bedroom accommodation. The premise is secured on a 15 year lease from 2021 with a rent of £9,000 per annum. Super opportunity.
- Asking Price:
- £210,000
- Turnover:
- £364,000
- Net Profit:
- £50K - £100K
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The property is secured on a 15 year lease from 2021 subject to 5 yearly rent reviews
- Leasehold Rent:
-
£9,000 per annum
- Living Accommodation:
-
The first floor could be converted to a one bedroom flat
- Location:
-
Superbly located in a very busy parade of shops in the Solihull area
- Premises Details:
-
The premise comprises ground floor sales area with rear preparation area potato prep and to the first floor 2 x rooms used for storage and WC and outside rear vehicle access and parking for the shop owners. The first floor area could be converted to one bedroom accommodation.
- Planning Consent:
-
A5 hot food takeaway
Business Operation
- Reasons for selling:
-
Retirement sale
- Trading hours:
-
Monday 12pm to 2.30pm & 4.30pm to 9.30pm Tuesday & Wednesday 12pm to 2.30pm & 4.30pm to 9.00pm Thursday Friday & Saturday 12pm to 2.30pm & 4.30pm to 9.30pm Closed Sunday
- Years established:
- over 40 years
Other Information
- Support & training:
-
Full support and training would be given to any new owner
- Financing available:
-
Hurdley & Co can introduce you to various business brokers depending on your circumstances. We have built up a good relationship over many years and have every confidence in them to provide you with a first class professional service please telephone us for contact details.
