Restaurant for sale

Marsh Lane, Erdington, Birmingham B23

Leasehold Fish & Chip Takeaway Located In Erdington
Fully Fitted & Ready To Trade
New Lease To Be Granted
Prominent Location
Ref 3287

Asking Price £59,950

Location
This Fish & Chip Takeaway occupies a prominent and highly visible trading position on Marsh Lane, Erdington, forming part of an established parade of shops with a range of complementary takeaway and local businesses. The property benefits from ample free parking and is situated within a well-established residential catchment, providing an excellent opportunity for an incoming operator to establish or re-establish a successful local takeaway business. Marsh Lane is an established mixed-use location serving a substantial residential population, with a combination of traditional housing, local shops and commercial premises.

Business Description
Veritas Business Sales are delighted to offer for sale this fully fitted leasehold Fish & Chip Takeaway in Erdington. Our client acquired the property in 2012 and operated the business before subsequently letting the premises to other operators for a number of years.
The shop is currently closed but remains fully fitted and ready to trade, providing an excellent opportunity for a new owner to reopen and develop the business. The purchaser will benefit from a new 7-year lease, including the extensive range of fixtures, fittings and equipment currently in situ. When operated by our client, the business enjoyed strong trading levels, achieving a reported weekly turnover of approximately £13,000. No accounting information will be available. This represents an excellent opportunity to acquire a fully equipped takeaway with the benefit of an established trading position and substantial existing equipment. Early viewing is therefore highly recommended.

Previous Opening Times
Monday - Saturday - 11:30 - 21:00
Sunday - closed

Leasehold
New 7 year lease to be granted
Rent: £350 per week
Business rates: Tbc

Ground Floor
Takeaway comprising: Stainless steel serve over sales counter. Cash register (SAM4's), 3-pan range (Preston & Thomas) with 2 x warming cabinets, 2 x chip boxes and 2 scraps boxes, 8 x menu boards, stainless steel wash basin, stainless steel table, commercial microwave (Adexa), stainless steel shelf, under-counter fridge (Zanussi), under-counter freezer (igeni), 2-door drinks fridge (Coca-Cola), wall-mounted paper towel dispenser, stainless steel table, stainless steel trolley, vinegar barrel, stainless steel table with vegetable cutter (Ditto Electrolux), stainless steel worktop with 8 refrigerated draws, tabletop saladette (Foster), 2-slice toaster, stainless steel shelf, 3-pot wet bain-marie, kebab meat shaver, single kebab spit (Archway), double kebab spit (Archway), extraction canopy, 3-pot wet bain-marie (Cater Tec), southern fried chicken fryer, (Henny Penny), stainless steel worktop with 2 cupboards below, 2-door stainless steel fridge (Foster). Stainless steel fridge (mps).
Prep room with stainless steel double sink with directional hose, 2 x metal draining racks, wall mounted knife rack, stainless steel table with 2 shelves, 6 x plastic food containers, stainless steel fish fridge (Williams), 4-ring gas hob and oven, cooker hood (Rangemaster), potato chipper (Bold), potato peeler (Bold), stainless steel potato soak tank, plastic chip bin, insect zapper, chest freezer.
Staff toilet with WC, wash basin, wall mounted mirror, wall mounted paper towel dispenser.
Staff changing room with storage cupboards, 2 x electric knives, kettle, 2 slice toaster, CCTV monitor.
Potato storeroom and rear exit door.

External
Gated rear yard with parking for (1).
Garage with combination boiler (Ariston) and electric roller shutters to the front.
Kitchen with fridge freezer (Beko), washing machine (Indesit), wall & base units, stainless steel sink drainer, induction hob (Lamona), microwave (Kenwood), oven & grill (Lamona), extraction hood, kettle.
Staff toilet with WC, wash basin, vanity unit, shower cubicle.

EPC Rating C