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Leasehold Fish & Chip Takeaway, Lichfield Road, Sutton Coldfield, West Midlands, B74

Leasehold
£264,950

Business rates & charges may apply

VERITAS BUSINESS SALES LTD, Midlands
SECTOR

Takeaway for sale

USE CLASS
Use class orders: A5 Hot Food Take away

A5

Key features

  • Leasehold
  • Established businesses
  • High turnover
  • Further potential
  • Great reputation
  • Fully fitted

Property description

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

Location
This outstanding Fish Bar & 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: £264,950
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 & 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 & 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 & chips, kebabs, pasties, pies, burgers, savouries, condiments and hot & 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
& 4.30pm - 10.30pm
Friday & 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

Leasehold Fish & Chip Takeaway, Lichfield Road, Sutton Coldfield, West Midlands, B74

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Four Oaks Station0.4 miles
  • Butlers Lane Station0.6 miles
  • Blake Street Station1.5 miles

About VERITAS BUSINESS SALES LTD, Midlands

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

Veritas Business sales boasts over 15 years’ experience in Business sales, Acquisitions, and Commercial property sales. Whether you are selling a coffee shop in the Midlands, Public house in Wales or a Hotel in Cornwall we can help you with your exit strategy. We have a network of Consultants across the UK so choosing an agent that understands your business and the benefits of its location, means we can strategically present your concern to a focused audience.

Please contact us for a fr

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Industry affiliations

Notes

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Disclaimer - Property reference 2161. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by VERITAS BUSINESS SALES LTD, Midlands. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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