Pond Lane, Wolverhampton

Freehold Fish & Chip Takeaway & Launderette Located In Wolverhampton
Rear Outbuildings With Development Potential
Includes 4 Bedroom Family Home
5 Star Food Hygiene Rating
No Deliveries
Ref 3256

Asking Price £465,000 plus SAV (£1,500)

Location
This respected Fish & Chip Takeaway & Launderette business is located in the Parkfields/Ettingshall area of Wolverhampton. Situated on Pond Lane, within a semi-detached property and joined to a Convenience Store & Off-Licence. The area is densely populated with residential housing and therefore benefits from good levels of passing trade and footfall. There are several primary and secondary schools within a mile. Local bus services are nearby and Wolverhampton Railway Station is approximately (2 miles) away.

Business Description
Veritas Business Sales are delighted to offer for sale this established Fish & Chip Takeaway which is located in Parkfields, Wolverhampton. The business was established in 1984 by our clients and is only now being offered for sale so that they can enjoy a well deserved retirement.
Since ownership they have continually updated the premises and installed new equipment along with fixtures & fittings, all of which are owned outright and included within the sale price. This is a significant advantage for any new purchaser. Pond Land Fish Bar & Launderette is owner operated and comes with no staffing liabilities. The Fish Bar has an average weekly turnover of circa £1500-£2,000 on relatively short trading hours and is walk-in trade only, no deliveries. They serve a fine selection of fish & chips along with southern fried chicken, burgers, pies, sausages, saveloys, kebabs, sundries, condiments and cold drinks.
The Launderette is coin-operated and has an average weekly turnover of circa £800.
We believe there is further potential to increase takeaway trade by extending the current opening hours and joining online delivery platforms such as Just Eat. The launderette also offers potential for growth through the introduction of service washes and dry-cleaning services. The businesses enjoy strong reputations within the local community and benefit from a high level of regular and repeat custom, together with passing trade. This is a fantastic opportunity to purchase two established, readymade turnkey businesses which comes with a great four bedroom family home and potential to re-develop the rear outbuildings, subject to obtaining the relevant planning permission.

Opening Times
Pond Lane Fish Bar
Sunday & Monday – closed
Tuesday – Saturday – 11:30 – 14:00 – 16:30 – 21:00

Opening Times
Pond Lane Launderette
Monday – Saturday – 08:45 – 20:00
Sunday – 08:45 – 16:00

Business Rates: Nil
Council Tax: £1,100

Ground Floor
Entrance door leading to the accommodation with entrance hallway and stairs leading directly to the first floor.
Kitchen/diner with stainless steel sink drainer, worktops, wall & base units, combination boiler (Glow worm), rear exit door leading to the yard.
Small hallway with door leading to the fish and chip shop.
Takeaway comprising: customer entrance door with electric shutters to the frontage, gas meter cupboard, electric meter cupboard, upright drinks fridge (Coca-Cola), serve over stainless steel sales counter with EPOS till (Sum-up), 2 pan range (Middleton) with chip box, scraps box and 2 x warming cabinets. Wall mounted paper towel dispenser, microwave (Sharp), two slice toaster, dual kebab rack (Easycut), 2 x kebab meat catchers, kebab meat shaver, 3 pot wet bain-marie (Buffalo), 4 pot dry bain-marie, worktop with stainless steel sink, base units, extraction canopy, insect zapper, CCTV monitor (4 camera system).
Kitchen/prep room with rear exit door, two burner gas hob with base units, stainless steel sink, potato peeler (Crypto Peerless), potato chipper (IMC), 2 x plastic chip bins, stainless steel table, chicken fryer (Kuroma), 2 x flour storage containers, fish fridge (Osborne), chest freezer, 2 x stainless steel upright freezers (Atosa), 2 door upright stainless steel fridge (Atosa), wall-mounted knife rack.
Launderette comprising: 3 x 16 lb washing machines, 30 lb washing machine, 4 x D330 JLA dryers, D30/30 JLA dryer, customer seating area.

Shop EPC C

External
Rear yard with side garage door access, parking for (1). Brick built garage/potato store. Brick built toilet. Brick built L-shaped dry stores with 2 x stainless steel tables, and door leading to the rear of the launderette which has its own enclosed yard area.

First Floor
Family bathroom with W/C, wash basin, bath with electric shower, airing cupboard.
3 x double bedrooms.
Lounge/dining room.
Small storeroom.
Single bedroom.
Landing.

The accommodation is self contained from both shops and benefits from UPVC double glazed and gas fired central heating.

House EPC E