Restaurant/cafe for sale in Prince Of Wales Lane, Yardley Wood, Birmingham B14

£94,950
Restaurant/cafe for sale
Interested in this property? Call +44 121 721 9902 * or Request Details

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Property features

  • Leasehold
  • Fish & Chip Takeaway
  • Ideal Starter Business
  • Two Bedroom Accommodation Above
  • No Deliveries
  • Staff Operated

Property description

Leasehold Fish & Chip Takeaway Located In Yardley Wood
Two Bedroom Accommodation Above
No Deliveries
Ref 2611

Location
This well established Fish & Chip Takeaway is located on the Prince of Wales Lane in Yardley Wood, Birmingham. Situated within a prominent and highly visible trading position within a small parade of shops and the immediate area is densely populated with residential houses which brings decent levels of footfall to the area. Warstock is situated between the A34 and A435 which gives easy access to the M42 and M5 motorways. The Takeaway benefits from being on a bus route, has a local train station and is in close proximity to Birmingham City centre.

Asking Price: £94,950 plus sav (£1,500)

New lease to be granted
Term: Negotiable
Rent: £17,000 per annum or £11,000pa lock-up shop only

Business Description
Veritas Business sales are delighted to offer for sale this respected Fish & Chip Takeaway which is located in Yardley Wood. The business has been established since 1973 and is now being offered for sale due to other business commitments requiring their attention.
Since ownership they have continually invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price which means that any new purchaser will not need to spend any additional funds for some time. Prince of Wales Fish Bar is operated by staff where there are 1 full time and 4 part time and has an average weekly turnover of between £3,500-£4,000 which is all walk-in trade and no deliveries. They serve traditional fish & chips, pies, pasties, kebabs, burgers, sausages, southern fried chicken, vegetarian options, milkshakes and cold drinks.
We believe that there is further potential to increase trade by maybe opening on Sundays and expanding the food offering such as pizzas. 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. 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 one is not to be missed.

Opening Times
Monday - Saturday - 12:00pm - 2:00pm - 4:30pm - 10:00pm
Sunday - closed

Ground Floor
Takeaway comprising: Serve over sales counter with 2 pan split range (Preston & Thomas) 2 chip boxes, 2 scraps boxes, drinks fridge, microwave (LG), microwave (Samsung), 4 pot dry bain-marie, 3 pot wet bain-marie (Buffalo), toaster, double kebab rack, single kebab rack, kebab meat shaver, food warming cabinet, stainless steel table x 2, fish fridge, upright fridge/freezer (Indesit), wash basin, stainless steel sink drainer with storage units below and extraction canopy.
Chipping room with peeler (imc), chipper, 3 plastic potato soak tubs and electric water heater (Rinnai).
Kitchen with worktops, sink drainer, wall & base units, chest freezer, upright fridge (Logik), chicken fryer (Kuroma), microwave (Panasonic), 4 ring gas hob, batter mixer and grill.
Potato stores with storage racking, 2 chest freezers, small freezer (Norfrost) and patio doors leading to the rear garden.
First floor
Front entrance door leading to a hallway. Family bathroom with Bath, W/C, wash basin and electric shower.
Kitchen with worktops, sink, 4 ring electric hob/oven, wall & base units and washing machine.
Storeroom/utility
Lounge
Double bedroom
Second Floor
Double bedroom with velux window.
The flat is let for £650 pcm and benefits from electric storage heating. The flat is newly renovated with a new kitchen, bathroom and new carpets throughout.

External
Rear yard and garden with a metal storage shed. Side gate leading to a shared passageway. Metal stairs leading to the first floor flat.

The property benefits from a CCTV (6 camera) system, electric roller shutters to the frontage and UPVC double glazed windows.

Arrange Viewing

For more information about this property, please contact
Veritas Business Sales Ltd, B90 on +44 121 721 9902 * (local rate)

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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 Veritas Business Sales Ltd, and do not constitute property particulars. Please contact Veritas Business Sales Ltd 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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