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Long Leasehold Fish Chip Takeaway Located West Heath For Sale

West Heath, West Midlands, UK
Asking Price:
£259,950 Furniture / Fixtures included
Sales Revenue:
£338,000
Cash Flow:
Available on request

Long Leasehold Fish & Chip Takeaway located in West Heath. Self contained three bedroom flat above. Peppercorn rent. Staff operated and currently no deliveries.

Veritas Business Sales offer to the market this respected Fish & Chip Takeaway which is located in West Heath. The business has been established since 1979 and has been in the careful hands of the current owner since 1992. They are now offering the business for sale so that they can work towards a well deserved retirement.
Since ownership they have kept the premises in good order and the purchase price includes all the equipment along with fixtures & fittings which are all bought and paid which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Fairfax Fish Fry is overseen by the owners but operated daily by 1 full time manager, 2 part time members of staff and has an average weekly turnover of circa £6,500. This is all walk-in trade with no deliveries. They serving a fine range of fish & chips, along with, pies, saveloys, savouries, condiments, kebabs, burgers, southern fried chicken and cold drinks. The three bedroom self contained flat above could be sub-let for £700 PCM.
We believe that new hands on owner operators would be able to trade with less staff and increase profits. Turnover could also be increased by extending the current opening times and by joining the online delivery portals such as Just Eat and Deliveroo. This is a superb opportunity to purchase an established takeaway with further potential which is a great base to build upon and as such early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

Term: 75 years
Remaining: 32 years
Rent: £50 pa
Rates: zero

Living Accommodation:

First Floor
Lounge/diner with laminate flooring and electric fire.
Hallway with front entrance door and 2 x storage cupboards.
Double bedroom.
Double bedroom.
Single bedroom.
Bathroom with W/C, wash basin, bath and electric shower (Triton).
Kitchen.

Location:

This delightful Fish & Chip Takeaway is located in West Heath, Birmingham. Situated within a prominent and highly visible, corner trading position and on a parade of shops. The immediate area has an abundance of residential houses along with plenty of businesses and schools which bring decent levels of footfall to the area.

Premises Details:

Ground Floor
Takeaway comprising: serve over sales counter with COVID-19 screens, 3 pan range (Preston & Thomas) with 2 x chip boxes, 2 x scraps boxes and 2 x warming cabinets, 2 cash registers, 12 menu boards, vinegar barrel, stainless steel wash basin, wall mounted paper towel dispenser, stainless steel table with table top grill (Lincat), stainless steel worktop with cupboards, 3 x kebab machines, kebab meat shaver, kebab meat catcher, electric knife, 3 pot wet bain-marie (Lincat), extraction canopy, saladette with 2 door undercounter fridge (King), 6 pot wet bain-marie (Parry), commercial microwave (Samsung), stainless steel counter with storage cupboards, portable stainless steel table, 2 door drinks fridge (Coca-Cola) and TV.
Kitchen comprising: stainless steel worktop with storage cupboards, 4 ring gas hob, washing machine (Hotpoint), chicken fryer (Kuroma), extraction canopy, stainless steel worktop, kettle, 2 x stainless steel tables, walk-in cold room, walk-in freezer, fat filtration machine (Aries 3), Stainless steel fish fridge (Sterling Pro), wall mounted unit, storage racking, office area with 3 x storage racks, stainless steel table, 2 plastic flour storage tubs, plastic storage container and door leading to the first floor accommodation.
Chipping room with stainless steel double sink drainer with directional hose, 2 x metal shelves, wall mounted knife rack, stainless steel table, potato chipper (Bold), potato peeler (Bold), 3 x plastic chip bins and rear exit door.
Staff W/C with wash basin, wall mounted soap dispenser and wall mounted paper towel dispenser.

External
Rear yard with brick built garage/bin room. Waste oil area, potato storeroom and back gate leading to rear service road.

Energy Performance Rating:
C

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – Saturday – 11:45pm – 2:00pm – 4:30pm – 9:00pm
Sunday – closed

Years established:
43 years

Other Information

Inventory / Stock value:
£3,000

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