Restaurant/cafe for sale in Princes Avenue, Walsall WS1

£25,000
Restaurant/cafe for sale
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Property description

Business
Hilton Smythe welcomes to the market, Blue Pearl Fish Bar.

Blue Pearl Fish Bar is a traditional Fish and Chip shop which was founded about 5 years ago. The current owner has run the business successfully since 2019 but is now selling, albeit reluctantly only due a wish to pursue a change of direction.

Blue Pearl offers a comprehensive menu offering;


  • Fish.

  • Pies.

  • Pasties.

  • Sausages.

  • Kebabs.

  • Kids Meals.

  • Burgers.

  • Sides and cold drinks.


The business enjoys good visibility on the internet with great reviews online.

The business is proud of its Food Hygiene Rating Of 5 (Very Good) by Walsall Metropolitan Borough Council.

Scope to Improve:


  • Advertising and marketing campaign

  • Maximise the use of social media

  • Extend the opening hours, perhaps opening on a Sunday

  • Offer a delivery service

  • Explore online offerings from the likes of Just Eat and Hungry House.


Reasons to buy:


  • A well-established business with an enviable reputation and many regular customers

  • Low running costs with inexpensive rent and no business rates

  • Has a Hygiene Rating Of 5/5

  • Loads of free parking immediately outside the premises

  • Current owner happy to offer a handover to ensure the continued success

  • Ideal owner managed or husband and wife business.

  • Priced to sell.


Hilton Smythe advise early viewing to avoid disappointment.

Location
Blue Pearl Fish Bar is in Walsall in the West Midlands.

Walsall is an industrial town in the West Midlands, it is Located 8 miles north-west of Birmingham and 6 miles east of Wolverhampton. Walsall is the administrative centre of the wider Metropolitan Borough of Walsall and at the 2011 census the towns built up area had a population of 67,594 with the wider borough having a population of 269,323.

Walsall is extremely well connected with the UK road network as it is served by the M6 which connects the M1 motorway towards London and the M74 motorway towards Glasgow. There are three nearby junctions which serve Walsall on the M6 motorway, J7, J9 and J10.

The stretch between these junctions is one of the busiest in Europe. The town is also served by the A34 road which connects Manchester and the M42 motorway towards London and is connected regionally by the A454 Black Country Route. Over 90 bus routes operated by 11 bus operators serve Walsall and services from St. Pauls Bus Station leave the town in many directions.

Blue Pearl Fish Bar is ideally situated in a prominent position in a small shopping parade alongside other complimentary businesses such as a Financial Advisors and a Dry Cleaners. The business is very nicely presented with clear visible signage and free parking immediately outside the premises.

Premises
Blue Pearl Fish Bar occupies the ground floor of an inner terraced retail unit and briefly comprises;

Shop

Windows and glazed door to front creating a light, airy and inviting interior, very nicely presented with suspended ceiling with concealed lighting, tiled floor and walls, 2 pan stainless steel range, glass fronted serve over counter, twin compartment fridges, 6 pot Bain Marie, twin kebab machines, illuminated menu boards, perimeter shelving,

Freezer Room

With stainless steel fish fridge, stainless steel preparation tables and hand wash basin

Kitchen

Generous kitchen, comprehensively equipped with long chest freezer, two deep stainless-steel sinks, stainless steel splashbacks, perimeter shelving, stainless steel preparation tables, wall mounted bug zapper, range cooker with six gas burners and fan oven, grill, microwave

Dry Goods Room

With two stainless steel Polar fridges, wall mounted boiler and perimeter shelving

Potato Room

With chipper and Rumbler and floor storage space.

There is also a shared storage area that has perimeter shelving and floor storage space.

The premises are circa 60sqm.

Tenure
We are advised that Blue Pearl Fish Bar is being sold as a leasehold business opportunity, the existing 18-year lease has approximately 14 ½ years remaining and the rent is a very reasonable £12,480 per annum. We are further advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

We are advised that this business benefits from being exempt from business rates.

Hours
Monday to Thursday 11:45am-2:00pm and 4.30pm-9.30pm

Friday and Saturday 11:45am-2:00pm and 4.30pm-10:00pm

Sunday Closed.

Staff
The business is run and managed by our client with the help of his wife and a part time member of staff.

Financial Profile
Blue Pearl Fish Bar generates an advised current turnover of circa £34,000 per annum but it needs to be appreciated that the business is being run at a pace to suit and has enjoyed higher turnover previously.

An experienced operator should expect to see turnover increase significantly quite quickly.

Arrange Viewing

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

Contact Hilton Smythe Commercial about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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