Summary - Leasehold Fish & Chip Takeaway, East Meadway, Birmingham, B33 0AP B33 0AP
1 bed 1 bath Takeaway
**Standout Features:**
- Established fish & chip takeaway since 1972, run by a third-generation family.
- High weekly turnover of £9,000-£10,000; 60% walk-in trade.
- New 20-year lease available at £20,000 yearly rent, with zero business rates.
- Well-equipped, modern kitchen with up-to-date fixtures and fittings included in the sale.
- Potential for increased turnover by extending operating hours.
- Three-bedroom flat available above for an additional rent of £1,000 PCM.
**Concerns:**
- Mortgage lenders may hesitate due to only 20 years left on the lease.
- High local crime rate and area classified as deprived.
- Slow broadband speeds noted in the locality.
Discover a rare opportunity to acquire a ***well-established fish and chip takeaway*** in bustling Tile Cross, Birmingham. Operating since 1972, this family-run business boasts a loyal customer base and impressive weekly turnover strategically located in a high-traffic parade, surrounded by numerous residential homes and local businesses. The shop features a fully equipped, modern kitchen ideal for continued success, with much of the latest equipment already included in the asking price of £199,950 plus stock.
**Perfect for investors or families** looking to step into a thriving business with further growth potential, the leasehold nature allows for various financing options. While the lease’s duration may pose challenges for mortgage approval, savvy entrepreneurs will see immense value in its strong trading history and room for profit expansion. Ideal for those seeking a lifestyle change, with the added benefit of a spacious three-bedroom flat above for family living or rental income.
This is an appealing venture in a vibrant urban area—***act now*** to unlock the potential of this established takeaway.
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