Fish & Chip Shop in West Midlands with Accommodation

Walsall, Walsall
REF: S07924

Asking Price:
£65,000
Annual Turnover:
£130,000
Annual Net Profit:
TBC
REF: S07924

Overview

Tenure:
Leasehold
Established:
2015
  • Excellent reputation and loyal customer base
  • Huge growth opportunity
  • Spacious, well-equipped premises with equipment included in sale
  • Friendly, professional team
  • 4-bedroom accommodation included

New to the market is a fish and chip shop located in the town of Walsall in the West Midlands.

The Western is a popular destination for delicious fish and chip takeaways and benefits from having no local competition in the surrounding 1-mile radius. It also offers delivery through Just Eat and Uber Eat.

The fish and chip shop has thrived mostly on local knowledge and word-of-mouth, with no website or social media presence. It is well-regarded for its efficiency and high-quality food.

The business is on a council lease with 6 years remaining and hires 3 full-time staff.

Its superb premises come fully equipped and include a stellar 4-bedroom accommodation. This is presently occupied and generates a rental income of £920 per month, a further asset to the business’s sale.

Overall, this is an exquisite business opportunity that is only available for sale due to the vendor’s change in lifestyle.

The Western benefits from a fantastic location on Walsall’s high street and surrounded by a residential area, therefore attracting plenty of footfall and passing trade.

Customers enter the premises immediately into the main serving area. Behind the counter and to the rear of the property is the kitchen/preparation area which is fitted with all the necessary equipment, as well as W/C facilities and a storage room. The 4-bedroom apartment is located upstairs. The premises are very clean and well-presented, featuring a sleek navy and glass frontage.

All equipment, fixtures and fitting are incorporated into the asking price which will enable the buyer to successfully begin trading from the first day of their ownership. A full inventory is available upon request. Additionally, the vendor is willing to provide a complete transitional period to ensure there is a smooth handover of business operations.

The ideal buyer is someone already involved in the food sector and it would be especially beneficial for the new owner to have prior experience in the fish and chips trade.

To grow the company further, it is essential for the new owner to create a strong digital presence as the business does not currently have any form of online presence. This will involve creating a simple but high-quality website which showcases mouth-watering imagery of the fish and chips alongside a menu with a price list. To complement this, the new owner should also create social media channels, such as Facebook and Instagram, for the shop and begin posting a regular schedule of engaging content. They could also conduct paid social media advertising and post on virtual community groups to target its content more directly. Creating a good digital presence for the business will be crucial in boosting awareness, attracting more customers, and raising the financial figures.

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  • Town centre location
  • High street location
  • Residential area
  • High footfall
  • Nearby car parking
  • No local competition
Rent
£10,800
Rates
£0
Lease Term
7
Lease Expiry
2027
Square Footage
TBC
Accommodation Included
Yes
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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