Leasehold Fish & Chip Takeaway Located In Studley
3 Bedroom Accommodation Above (Sub-Let £650 PCM)
This outstanding Fish & Chip Takeaway is located in Studley, Warwickshire. The property is situated in the centre of the popular and well regarded commuter village which lies two miles to the south east of Redditch Town centre, six miles to the south of the M42 Motorway (junction 3) and fifteen miles to the south of Birmingham City Centre. The A435 passes through the centre of Studley which stretches from Birmingham to Cheltenham and produces high levels of passing traffic on a daily basis.
Asking Price £159,950 plus SAV
Original term: 25 years
Remaining: 24 years
Reviewed: 5 yearly
Rent: £16,250 pa
Veritas Business Sales are delighted to offer for sale this respected Fish & Chip Takeaway which is located in Studley. The business has been established for over 40 years and has been in the careful hands of our client since 2017 and is reluctantly being offered for sale due to them wanting to relocate. 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. The business is operated by a Father & Son team with the help of 5 part time members of staff and has an impressive weekly turnover of circa £5,500. They serve a fine selection of traditional fish & chips along with southern fried chicken, burgers, pies, sausages, saveloy’s, kebabs, condiments and cold drinks. We believe that there is further potential to increase trade should you wish by introducing deliveries and joining the on-line portals such as Just Eat and maybe opening on Sundays. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many passers by. 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 as this business is not to be missed.
Monday – Saturday – 12.00pm – 2.00pm – 5.00pm – 10.00pm
Sunday – closed
Takeaway area comprising: serve over sales counter with EPOS system, 3 pan range (Hewigo) with 1 chip box, pie warmer/display, 7 x wall mounted menu boards, upright drinks fridge, 4 pot wet bain-marie x 2, stainless steel work table x 2, saladette, microwaves x 2, 1 double & 2 single kebab racks (3 burner), kebab shaver, extraction unit, panini press, and stainless steel hand wash basin. Kitchen comprising: upright fridges x 2, 4 ring gas hob/oven, vegetable cutter, stainless steel wall mounted unit, fish fridge, batter mixer, stainless steel shelf, stainless steel base unit, southern fried chicken machine and stainless steel sink drainer. Potato preparation room comprising: potato chipper, potato peeler, potato soak tubs x 4, chest freezer, shelving and stainless steel double door freezer.
Basement (Below ground)
Double bedroom with ladders to attic double bedroom
Rear yard area with metal stairs to first floor flat
The property benefits from double glazing and gas central heating