Leasehold Fish & Chip Takeaway Located In Sutton Coldfield

Sutton Coldfield, B74 2UG
£279,950 plus SAV
Business ID:
#2161
£279,950
  • Ref: 2161
  • Type: Fish and Chip Shop
  • Availability: For Sale
  • Veritas Categories: Catering, - Fish & Chip Shop, Takeaways
  • Business ID: 2161
  • Price Postfix: plus SAV
  • Commercial Tenure: Leasehold
  • Commercial Price: 279950
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Property Features

  • Leasehold
  • High Turnover
  • Fish & Chip Takeaway
  • Great Reputation
  • Fully Fitted
  • Affluent Location

Full Details

Leasehold Fish Bar and Mediterranean Grill Takeaway For Sale
Located In Sutton Coldfield
Ref 2161

Location
This outstanding Fish Bar and Mediterranean Grill Takeaway is located within a highly visible and prominent position in Sutton Coldfield. The area offers a variety of Blue Chip and complementary independent retailers and is adjacent to Sainsburys supermarket.

Business information
Asking Price: £279,950
High Turnover
Stock: £1,000

Leasehold
Original term: 25 years
Remaining : 18 years
Rent: £25,000 plus VAT pa
Reviewed: 5 yearly
Rates:£7,600

Business Description
Veritas Business Sales are delighted to offer for sale this respected Fish Bar and Mediterranean Grill Takeaway business which in located in Sutton Coldfield. The business was established 7 years ago and has been in the careful hands of the current owners since 2013 and is reluctantly being offered for sale due to unexpected health reasons. Since ownership they have continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the purchase price which is a huge plus for any new purchaser as additional funds will not have to be spent for some time. The business is over seen by the owners but operates under management where they employ the help of 2 full time and 3 part time members of staff. The Olive Tree has a high turnover which can be discussed on application and serves a fine range of traditional fish and chips, kebabs, pasties, pies, burgers, savouries, condiments and hot and cold drinks. We believe that there is further potential to increase trade by extending upon the current opening times. 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 plenty of passing trade due to its prominent location. This is a superb opportunity to purchase an established business in a sort after location which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours
Monday - Thursday - midday - 2.00pm
and 4.30pm - 10.30pm
Friday and Saturday - midday - 10.30pm
Sunday 5.00pm - 10.00pm

Ground Floor
Retail sales area comprising: serve over sales counter with electronic cash register, 3 pan range with 2 chip boxes (Stork Tronic), 6 pot wet bain-marie (Lincat), extraction unit, chicken fryer (Kurowa), char grill, 2 double kebab machines, salad prep display, serve over chilled kebab meat counter, base units, under counter freezer, commercial microwave (Sharp) and TV.
Staff W/C with wash hand basin
Preparation room with double sink drainer, 4 ring gas hob (CDA), hand wash basin, stainless steel work table, dough mixer, pie fridge, fish fridge, table top under counter fridge, upright double door fridge, upright freezer, potato chipping area with potato rumbler, potato chipper and 2 potato soak tubs.

External
Small rear yard with bin area and parking for (3)

EPC Rating D