Leasehold Fish & Chip Takeaway, Studley, Warwickshire, B80

Leasehold Fish & Chip Takeaway Located In Studley
3 Bedroom Accommodation Above (Sub-Let £750 PCM)
Award Winning
Ref 2793

Location
This outstanding Fish & Chip Takeaway is located in Studley, Warwickshire. The business is situated in the centre of this popular and well regarded commuter village which lies (2 miles) south east of Redditch Town centre, (6 miles) south of the M42 Motorway (junction 3) and (15 miles) 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 £179,950 plus SAV

Business Description
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 42 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 average weekly turnover of circa £9,000. 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 maybe opening on Sundays and by joining the online delivery portals Just Eat & Deliveroo. 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.

Opening Hours
Monday - Wednesday - 12:00pm - 2:00pm - 4:30pm - 9:00pm
Thursday - Saturday - 12:00pm - 2:00pm - 4:30pm - 9:30pm
Sunday - closed

Leasehold
Original term: 25 years
Remaining: 20 years
Reviewed: 5 yearly
Rent: £16,800 pa
Rates: zero


Ground Floor
Takeaway area comprising: serve over sales counter with till, 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)
Storeroom

First floor
Lounge
Kitchen
Second floor
Single bedroom
Double bedroom with ladders to attic double bedroom

External
Rear yard area with metal stairs to first floor flat
The property benefits from UPVC double glazing and gas central heating.

EPC Rating E