Leasehold Fish & Chip Takeaway & Grill Located In Cape Hill
Fully Fitted & Newly Refurbished
Ref 2770

Location
This established and unopposed Fish & Chip Takeaway & Grill is located in Cape Hill, Smethwick in the West Midlands. Situated within a prominent and highly visible corner trading position on Windmill Lane. Adjacent to the Windmill Retail Park which offers an abundance of large blue chip retailers to include Asda Supermarket, Matalan, Iceland, Costa Coffee, Boots, Home Bargains, JD Sports, Shoe Zone and Pure Gym. All of which bring high levels of footfall to the area. Nearby you have the new Midland Metropolitan Hospital development which is a £650 million pound super hospital due to open in 2023. The area is densely populated with residential housing has plenty of business and industry and is well served by public transport. Birmingham City centre is (3 miles).

Leasehold Asking Price: £74,950 plus SAV (£5,000)

Business Description
Veritas Business Sales offer to the market this delightful Fish & Chip Takeaway & Grill which is located in Cape Hill. The business has been established for over 30 years and was transformed into what you see today back in May 2021. After an extensive refit they started trading in March 2022 and are now offering the business for sale due to unforeseen family problems.
Since ownership they have refurbished, redecorated and installed brand 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. Mr Shaks is overseen by the owner but operated daily by a team of 2 full time and 2 part time members of staff and has an average weekly turnover of circa £5,000. Approximately £4,000 is walk-in trade and the remaining £1,000 comes from the on-line delivery portals Just Eat & Uber Eats. They serve a fine range of fish & chips, along with, pies, patties, saveloys, condiments, kebabs, handmade burgers, southern fried chicken, Indian grilled food, wraps and cold drinks.
We believe that a new purchaser could enhance turnover by expanding the current opening times. This is a superb opportunity to purchase an established takeaway which is fitted out to a very high standard which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday - Saturday - 12.00pm - 11:00pm
Sunday - 4.00pm - 10:30pm

Leasehold
Term: 15 years
Remaining: 14 years
Rent: £230 per week/ £11,960 pa
Reviewed: 3 yearly
Rates: zero

Ground Floor
Takeaway comprising: serve over split 3 pan range with 3 x chip boxes & 2 x warming cabinets (Henry Nuttall), cash register, 5 x digital menu boards, 2 x metal shelves, upright drinks fridge (Coca-Cola), 2 x 3 pot wet bain-marie's, 3 x kebab machines (Easy cut), 3 x kebab meat shavers, automatic chargrill/griddle (Rotaquite), stainless steel worktop with 4 ring gas hob (Cooke & Lewis), stainless steel worktop with shelf, wash basin, stainless steel double sink drainer, metal shelf, wall mounted metal storage cupboard, automatic rotary gas tandoori oven (Rotoquip), 2 x extraction canopies, chicken fryer (Mother Clucker), stainless steel fish fridge (Unifrigo) stainless steel double door fridge (iarp), stainless steel double door freezer (iarp), potato chipper (Bold), potato peeler (Crypto Peerless), dough mixer (Adexa), vegetable cutter (Buffalo), batter mixer (Bold), stainless steel table, stainless steel sink, wall mounted knife rack, metal shelf, hot water tank (Hurricane) and 4 x plastic chip bins.
Potato storeroom with side/rear exit door.
W/C with wash basin and cloak area.
The premises benefits from CCTV (8 camera system and an intruder alarm.

External
Frontage with space for tables & chairs to seat (4).

EPC Rating E

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.

No longer on the market

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