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No longer on the market

This property is no longer on the market

Takeaway

Under offer
Takeaway
Added > 14 days

Features and description

  • Leasehold
  • Established Business
  • Fish & Chip Takeaway
  • Scope to Join Delivery Portals
  • Weekly Turnover £8,000
  • Further Potential

Leasehold Fish & Chip Takeaway Located In Halesowen
Ratings / Facebook 4.6 / Google 4.3
Ref 2724

Location
This delightful Fish & Chip Takeaway is located in Halesowen. Situated within a prominent and highly visible trading position on the very busy (A458) Stourbridge Road. Its part of a small parade of shops and is surrounded by an abundance of residential properties which brings high levels of footfall to the area. Halesowen town centre is (0.9 miles and the M5 motorway (3.1 miles).

Leasehold Asking Price: £179,950 plus SAV (£1,500)

Business Description
Veritas Business Sales offer to the market this respected Fish & Chip Takeaway which is located in Halesowen. There has been a takeaway here since the late 1960's and has been in the same family since 1981. It has been in the careful hands of our client for the past 6 years and they are now offering the business for sale due to family commitments.
Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Royal Fish Bar is overseen by the owners on a part time basis along with 1 full time manager and 5 part time members of staff and has an average weekly turnover of circa £8,000. The split is walk-in trade approximately £4,000 per week, £2,500 per week on their own on-line click & collect and their own deliveries £1,500 per week. They serving a fine range of fish & chips, along with, pies, scampi, saveloys, savouries, condiments, kebabs, burgers, and cold drinks.
We believe that a new owner operator could increase turnover by extending the current opening times and by joining the online delivery portals such as Just Eat and Deliveroo. You can increase profitability by being a more hands on owner operator and you could sub-let the first floor accommodation. 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.

Opening Times
Monday - 4:00pm - 9:00pm
Tuesday - Saturday - 12:00pm - 2:00pm - 4:00pm - 9:00pm
Sunday - closed

Leasehold
Term: 21 years
Remaining: 15 years
Reviewed: 5 yearly
Rent: £17,500 pa
Rates: zero

Ground Floor
Takeaway comprising: serve over sales counter with COVID-19 screen and EPOS till systems, 4 digital menu boards, 3 pan range (Middleton) with 1 x chip box and 1 x scraps box, 3 warming cabinets, upright drinks fridge (Coca-Cola), stainless steel 7 pot wet bain-marie with storage cupboards below, undercounter fridge (Future), commercial microwave (Chef master), domestic microwave, double kebab machine, single kebab machine, kebab meat shaver, 3 x kebab meat catchers, extraction canopy, 2 slice toaster, undercounter freezer (Polar), panini press (Buffalo) and wall mounted condiments dispenser.
Kitchen comprising: walk-in cold room, 2 x stainless steel table, 4 x metal shelves, stainless steel fish fridge, 3 pot wet bain-marie, batter mixer, vinegar barrel, wall mounted knife rack, stainless steel double sink drainer, stainless steel wash basin and metal storage unit.
Small storage cupboard with stainless steel table, metal shelf, flour storage tub and CCTV monitor (8 camera system).
Staff W/c with wash basin.
Chipping room with potato chipper (Bold), potato peeler (Bold), stainless steel potato soak tank, 4 ring gas hob with double oven (Stoves), chest freezer (Polar), extraction hood, metal shelf, 2 x stainless steel freezers (Polar), 5 x plastic chip bins and potato storage area.
Hallway with rear exit door and door to the first floor accommodation.

First Floor
Full bathroom. Kitchen/diner. Lounge. 2 x Double bedrooms.

External
Small rear yard with bin area and storage shed.

EPC Rating D

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About this agent

Veritas Business Sales - Solihull
Veritas Business Sales - Solihull
Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG
0121 721 6440
Full profileProperty listings
Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.
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