No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Takeaway

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Takeaway
0 bed
0 bath

Property description & features

  • Leasehold
  • Fish & Chip Takeaway
  • Two Bedroom Accommodation above (Producing Rental Income Of £10,500 pa)
  • Well fitted & Spacious
  • Further Potential

Leasehold Fish & Chip Takeaway Located In Solihull
Ratings / Google 4.4 / Facebook 5.0 / TripAdvisor 4.5
2 Bedroom Accommodation Above Producing Rental Income Of £10,500 pa
Ref 2834

Location
This respected Fish & Chip Takeaway is located in the affluent town of Solihull. Situated within a prominent and highly visible trading position on Old Lode Lane in Elmdon. It's part of a busy parade of shops which offers a range of other independent retailers to include an off-licence, Indian restaurant (unlicensed), Chinese & Thai restaurant, cafe, hairdressers, children's nursery & tool hire shop, plus others too. All of which bring decent levels of footfall to the area. The parade benefits from ample, free parking for customers and the surrounding area is densely populated with residential properties, with a school across the road, Elmdon park nearby & the JLR plant in the vicinity as well. The location provides easy access to Solihull town centre, Birmingham city centre, Birmingham airport, the NEC including the Genting Arena, and all major motorway networks.

Leasehold Asking Price £69,950 plus SAV (£1,500)

Business Description
Veritas Business Sales are delighted to offer for sale this well appointed Fish & Chip Takeaway which is located in Solihull. The business has been established since 2017 and has been in the careful hands of our client for the past 3 years. They are now offering the takeaway for sale due to other commitments needing their attention.
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 owner operated with the help of 2 part time member of staff and has an average weekly turnover of £4,500. Walk-in trade accounts for approximately £2,750 per week and the remaining £1,750 come from the on-line delivery portals Just Eat, Deliveroo and Uber Eats. 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 extending the opening times and increasing the food offering by adding pizzas. The business 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 a well fitted spacious takeaway which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday & Sunday - closed
Tuesday - 4:00pm - 9:00pm
Wednesday & Thursday - 4:00pm - 9:30pm
Friday & Saturday - 12:00pm - 9:30pm

Leasehold
Term: 21 years
Remaining: 16 ½ years
Rent: £18,000 plus vat pa
Rates: zero

Ground Floor
Takeaway comprising: serve over sales counter with covid screens, cash register (Sam4s), 2 door drinks fridge (Coca-Cola), 2 pan range (Preston & Thomas) with 2 x chip boxes, scraps box, 2 x warming cabinets, portable dual deep fat fryer, 2 x kebab machines (Pimak), 2 x kebab meat shavers, electric knife, chargrill, extraction canopy, 2 x stainless steel tables, 2 slice toaster, 2 x 3 pot wet bain-maries (Interlevin), stainless steel 2 door chiller (Polar), stainless steel 2 door freezer (Polar), 4 x digital menu boards, stainless steel wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser, small chest freezer (Norfrost), insect zapper (Plus zap) and storage cupboard.
Preparation room with stainless steel fish fridge (Ozti), 2 x stainless steel tables, batter mixer, 4 ring gas hob, extraction canopy, chicken fryer (Kuroma), vinegar barrel, stainless steel double sink drainer, hot water boiler (Marco), wall mounted paper towel dispenser, knife rack and an office area.
Staff W/C with wash basin.
Storeroom with chest freezer, metal storage racking, potato chipper (Bold), potato peeler (Bold), 3 x plastic chip bins, interceptor tank, insect zapper (Cater zap) and rear exit door.
The property benefits from CCTV (8 camera system), UPVC double glazing and gas central heating.

First floor
Kitchen with wall & base units, 4 ring gas hob, sink drainer and extraction hood.
Bathroom with shower cubicle, W/C, wash basin and combination boiler (Biasi).
2 x Double bedrooms.
Lounge.

External
Gated rear yard with parking for (2) and a fat trap.

EPC Rating C

Places of interest

    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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    Property reference 2834. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Veritas Business Sales - Solihull.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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