Leasehold Fish & Chip Takeaway Located In Yardley
Includes Two Bedroom Accommodation
Ref 2807

Location
Veritas Business Sales are delighted to offer for sale this established Fish & Chip Takeaway which is located in Yardley, Birmingham. Situated within a prominent and highly visible trading position on Broadstone Road and on a small parade of shops. The immediate area is densely populated with residential houses and benefits from other businesses and industry. All of which bring decent levels of footfall to the area.

Asking Price £54,950 plus SAV (£500)

Business Description
Veritas Business Sales are offering to the market this respected Fish & Chip Takeaway which is located in Yardley. The business was has been established for circa 45 years and has been in the careful hands of my client for the past 6 months. The business is now being offered for sale due to other business commitments needing his attention. The takeaway comes with all the usual fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Meadway Fish Bar is overseen by the owner but operated by 1 full time manager, 1 part time member of staff along with casual staff when needed and has an average weekly turnover of between £5,000-5,500. Approximately £3,000 is from walk-in trade with the remaining £2,000-2,500 is net income after commissions from the online delivery portal Just Eat. They serve fish & chips, kebabs, burgers, southern fried chicken, savouries, pies, sausages, condiments and cold drinks.
We believe that the business would thrive from having an owner operator at the helm and by opening lunchtimes. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - Saturday - 4:00pm - 10:00pm
Sunday - closed

Leasehold
New lease to be granted
Term: 15 years
Rent: £18,000 per annum
Business Rates: zero

Ground Floor
Takeaway comprising: serve over sales counter with 2 x covid screens, cash register (Sharp), 2 pan range with chip box and scraps box, small range with one pan and chip box, 3 warming cabinets, double kebab machine (Archway), kebab meat shaver, electric knife, worktop with base units, 2 slice toaster, extraction canopy, 4 x menu boards, double door drinks fridge and 4 pot wet bain-marie.
Preparation room with microwave (Buffalo), stainless steel table with heated pass, stainless steel fish fridge, 2 x chest freezers, 2 x deep fat fryers, batter mixer (Bold) and CCTV monitor (4 camera system).
Chipping room with potato peeler (Bold), potato chipper (Crypto Peerless), wash basin, stainless steel sink drainer, vinegar barrel, 3 x plastic chip bins, stainless steel table with 4 ring gas hob, wall mounted shelf, and wall mounted knife rack.
Dry stores with stainless steel table and storage racking.
Storeroom with potato storage area, stainless steel upright fridge (Polar), 2 door upright drinks fridge and combination boiler (Basi).
Staff W/C with wash basin.

Accommodation
Door from the rear yard leading into the lounge. Kitchen. Family bathroom with combination boiler. 2 x double bedrooms. (The flat is sub-let for £750 PCM)
The property benefits from gas fired central heating and UPVC double glazing.

External
Rear yard with self contained door to the accommodation. Frontage with off road parking for (2).

EPC Rating D

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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