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£79,950

Restaurant for sale

The Hollies, Coalway Road, Wolverhampton WV3

£79,950

Restaurant for sale
The Hollies, Coalway Road, Wolverhampton WV3

    About this property

    • Leasehold Fish & Chip Takeaway

    • No Deliveries

    • 5 Star Food Hygiene Rating

    • Established Takeaway

    • Further Potential

    Leasehold Fish & Chip Takeaway Located In Merry Hill, Wolverhampton
    Five Star Food Hygiene Rating
    No Deliveries
    Established Takeaway
    Ref 3078

    Asking Price £79,950 plus sav (£1,500)

    Location
    This established Fish & Chip Takeaway is located in suburb of Merry Hill in Wolverhampton. Situated within a prominent and highly visible trading position on Coalway Road. The takeaway is part of a parade of shops which attracts decent levels of footfall to the area. There is ample free parking to the rear and opposite in St Joseph's Church. The immediate area has plenty of residential houses and Wolverhampton town centre is just (2.6) miles away.

    Business Description
    Veritas Business Sales are privileged to offer to the market this respected Fish & Chip takeaway which is located in Merry Hill Wolverhampton. The business has been established since the 1970's and has been in the careful hands of the current owners since 1983. They are now offering the takeaway for sale so that they can enjoy a well deserved retirement.
    Since ownership the premises have been kept in good order and the takeaway includes all equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Merry Hill Fish Bar is operated by with the help of 1 part time member of staff and has an average weekly turnover of £4,500 which is all walk-in trade. The menu offers fish & chips, along with, pies, saveloys, condiments, sundries, kebabs, burgers and cold drinks.
    We believe that there is further potential to increase turnover by extending the current opening times and by joining the online delivery portals such as Just Eat. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business with further potential which is a great base to build upon and as such early viewing is highly recommended.

    Opening Times
    Monday - 16:30 - 21:00
    Tuesday - Saturday - 12:00 - 14:00 - 16:30 - 21:00
    Sunday - closed

    Leasehold
    Original term: 15 years
    Remaining: 8 years
    Rent: £19,000
    Reviewed: 5 yearly
    Rates: Zero

    Ground Floor
    Takeaway comprising: 2 pan range (Preston & Thomas) with chip box, scraps box, serve over sales counter with covid screen, cash register (Sam4s), 1 pan range (Preston & Thomas) with chip box, metal shelf with vinegar barrel, another shelf, 6 x menu boards, dual kebab machine (Archway), 2 x kebab meat shavers, electric knife, kebab meat catcher, extraction canopy, 6 pot dry bain-marie, 2 x 950 watt domestic microwaves (Kenwood), 2 x wall mounted shelves, 2 slice toaster, stainless steel table/trolley, panini press (Breville), drinks fridge (Coca-Cola) and insect zapper (Eazyzap).
    Prep room comprising: Chest freezer, stainless steel table, batter mixer (Crypto Peerless), 950 watt domestic microwave (Kenwood), stainless steel fish fridge (Osborne), 4 ring gas hob/oven (Leisure), CCTV monitor, insect zapper, stainless steel sink drainer, some stainless steel wall cladding, wash basin, utensil rack and wall mounted knife rack.
    Chipping room with raised metal potato soak tank, 2 x plastic chip bins, potato peeler (Bold), potato chipper (Bold), potato storage area, metal upright fridge (Domino), metal upright fridge (Atosa), how water boiler (Ferroli), waste oil tank, worktop, base unit to house the gas metre, wall unit to house the electric metre and rear exit door.
    W/C with wash basin and hot water heater. Stockroom with spare potato peeler (Crypto Peerless), spare potato chipper (Crypto Peerless), chest freezer, worktop, chair and cloak hanger.

    External
    Rear bin area and customer car park to service the parade of shops.

    EPC Rating D

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