Traditional Fish & Chip shop located on a busy main road. Prominent position, surrounded by local stores and businesses. Weekly turnover of £8,500. As seen by the online ratings and reviews, the business is extremely popular within the local area.
The Opportunity: * Weekly turnover in excess of £8,500 * Recently refurbished * Staff managed store * Established for over 3 years * High margins
Reason For Sale: * Our client is selling this business in order to focus on other business interests that are geographically closer to home.
Location: * The store is located on a busy street close to a residential area and benefits from high levels of footfall and passing trade. * The shop sits alongside other complimentary retail businesses including several well-known high street names such as One Stop supermarket. * The store is well presented and maintained, with clear visible signage.
Internal: * Internal area of 113 sq.m (1216 sq. ft) * Eye catching double frontage, good size customer reception area, frying area with 3 pan counter range, rear preparation/kitchen/wash-up area, potato room and storage room. Walk in Fridge and Freezer.
External: * There is secure customer parking available to the side of the store. * Delivery access to the rear * Garage included
Turnover * We have been advised by our client that the weekly turnover on average is £8,500. The business is a member of Just Eat & Uber Eats and Deliveroo.
Tenure * The site is offered for sale by way of assignment of the existing lease with 12 years remaining. Option to renew at the end of the term.
Trading Hours: * Monday - Thursday 12:00pm - 9:30pm * Friday - Saturday 12:00pm - 10:00pm * Sunday - Closed * The store is licenced to open seven days.
Staff * The business is run and managed by staff with two full time and seven part time.
Accommodation * There is no accommodation is available.
Rent: * The rent per annum is £18,000. ( Includes Service charge )
Fixtures and Fittings * The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
Rates * There are no business rates payable.
Legal costs * Each party to be responsible for their own legal costs in connection with the sale. * Landlord's legal fees are the buyers and sellers responsibility and are to be payable equally.
Trading Information * Full accounts will be made available to seriously interested parties after they have viewed the business.
Regulatory * A5 Licence * 5 Food Hygiene Rating
Viewing arrangments: * Mailbox Estates highly advise early viewing to avoid disappointment. * Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF.
Deposit *Successful applicants will be required to pay a non-refundable deposit.
Mailbox Estates highly advise early viewing to avoid disappointment.