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Successful And Lucrative Fish And Chip Shop For Sale

Walsall, West Midlands
Asking Price:
£44,995
Sales Revenue:
£114,400
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market, Mermaid Fish Bar.

There has been a Fish and Chip shop at this site for well over 40 years and the business is a popular and well used feature of the local community benefitting from an impressive number of regular customers many of whom have been using the business for many years.

The current owner has run the business successfully and lucratively for the last 12 years or so and is now selling, albeit reluctantly and with a heavy heart only so he can pursue a change of direction.

Mermaid Fish Bar is an immaculately presented traditional Fish and Chip shop with a comprehensive menu including,

• Fish and Chips
• Cone chips
• Tinned Roe
• 8 pcs Scampi
• Soring Rolls
• Fish cakes
• Sausages, jumbo, battered and Saveloy
• Pukka Pies and Pasties
• Burgers
• Cockles
• Chicken nuggets
• Battered Mars Bar
• Gravy, Mushy Peas and Beans
• Drinks
• Diner meat and wraps
• All Day and Every Day Specials

The sale will include the company Facebook page and the business enjoys great visibility on the internet.

Reasons To Buy

1. A well-established business with an enviable reputation and many existing customers
2. Perfect trading position on a busy main road
3. Little or no competition locally
4. Free parking immediately outside
5. Current owner happy to offer a handover to ensure the continued success
6. Ideal owner managed or partnership business
7. Low running costs with inexpensive rent and no business rates
8. Priced to facilitate a quick sale

Hilton Smythe highly advise early to avoid disappointment.

This great little fish and chip shop is likely to attract considerable interest.

Location
Mermaid Fish Bar is Located in Walsall Wood in the West Midlands.

Walsall Wood is a popular residential area located in the Metropolitan Borough of Walsall between Aldridge and Brownhills. The population in 2011 was 13,207.

The main high street is served by three bus routes which are:
• 10 (National Express West Midlands) between Walsall and Burntwood.
• 10A (National Express West Midlands) between Walsall and Brownhills West.

At Streers Corner the 936 is served by National Express West Midlands between Brownhills and Birmingham. Also, the 937 is served here between Brownhills and Birmingham.

Mermaid Fish Bar is ideally positioned in a main road location alongside other complimentary retail businesses and thus benefits from good levels of footfall and lots of passing trade.

The business is immaculately presented and maintained with clear visible signage and distinctive blue livery.

There is free on street parking immediately outside the premises.

Premises
Mermaid Fish Bar occupies the ground floor of an inner terraced shop unit, presented to a lovely standard and briefly comprises,

Shop

• Windows and glazed door to front creating a light, airy and inviting interior
• Tiled floor
• Suspended ceiling with concealed lighting
• Stainless steel 2 Pan range and counter
• Generous wrapping area
• Illuminated menu boards
• Twin kebab machine
• Bug zapper
• Floating shelf
• Wall mounted TV
• Till

Rear Preparation Area

• Tiled floor
• UPVC wall cladding
• Stainless steel preparation tables
• Glass topped freezer
• Glass fronted chiller
• Twin slot toaster
• 4 pot stainless steel Bain Marie

Kitchen

• Generously proportioned Room with window to rear
• Tile effect vinyl floor covering
• Run of base units with complimentary worktop
• Stainless steel sink and drainer
• 4 burner gas hob
• Wall mounted Vaillant boiler
• Kurosawa pressure fryer
• Perimeter shelving and floor storage space

Potato Room

• Chipper and Rumbler
• Stainless steel sink and drainer
• Separate Hand wash basin

Inner Hallway

Generous hall way with pedestal hand wash basin.

Tenure
We are advised that Mermaid Fish Bar is being sold as a Leasehold business opportunity.

The existing Lease has approximately 3 years remaining, but we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The rent is paid quarterly and is £6888 per annum which is reasonable given the size and location of the premises.

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

Hours
Monday to Saturday

11.45am till 2.00pm

4.30pm till 10.30pm

Sundays Closed

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

Financial Profile
Mermaid Fish Bar generates an advised current turnover of circa £ per annum.

Property information

Property:

Leasehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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