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Reference R9631

Fish & Chip Shop plus Cafe in Birmingham For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, residential area, BIRMINGHAM. BIRMINGHAM

Turnover £ 2,500
Price £100,000 / £300,000

Features

Fish & Chip Shop Plus Café

DOUBLE FRONTED PREMISES 707ft² approx with ELECTRIC SHUTTERS. Suspended ceiling with concealed lighting, tiled floor. 2 pan Chip fryer, cash register, 1m open cool display unit, 2 soft drink chillers, etc.

Tables and chairs providing seating for 8 People.

OPEN PLAN KITCHEN tiled floor, stainless steel extractor unit, stainless steel preparation table, fish chiller, 2 deep freezers, double sink and drainer, hot plate, potato chipper and peeler, etc.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a gross profit of 65% approx. (60% Cafe Sales)

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY inclusive 7am - 6pm
SATURDAY 8am - 12 noon

Accommodation

THE SELF CONTAINED ACCOMMODATION over 2 floors, entrance via door to the rear of the shop to FLAT with GAS FIRED CENTRAL HEATING, DOUBLE GLAZED windows in GOOD CONDITION, at present let on a shorthold tenancy & providing a rental income of £700 per month. The accommodation comprises:

3 Bedrooms (2 double, 1 single)
Large Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin

Outside

Rear garden with lawn
Parking space for 2 cars

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £16,000 p.a. with rent reviews every 3 years.

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £300,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (lease) £ 210,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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