Mailbox Estates Present an Opportunity to Acquire a traditional Fish and Chip Shop with high turnover and very low rent.
Serving as a traditional fish and chip shop menu, the business was established over 40 years ago and is very well known locally.
It upholds a Four star hygiene rating and the current turnover is fantastic with scope to increase by opening on Sunday or offering Pizzas.
The Opportunity: * Weekly turnover of £7,000 * Nill Business Rates * Option to add Pizzas * Increase turnover by opening on Sunday * Low rent of £7,920 per annum
Reason For Sale: * Established for more than 40 years, and run by our client for over two years, our client is now offering the business for sale due to other commitments.
Location: * The store sits alongside other complimentary retail businesses including, a pharmacy and a large supermarket and benefits from the footfall. * Bold signage is displayed above the width of the shop with an entrance door and large glass window that floods the store with natural light.
Internal: * Ground floor - area of approximately 50 Sq M (538 Sq.ft) * Internally the shop comprises; well fitted servery area, kitchen area, prep room, generous storage rooms. * Staff WC to the rear.
External: * There is customer parking available to the front of the store. * Delivery access to the rear for loading / unloading.
Weekly Turnover * We have been advised by our client that the weekly turnover on average is £7,000 The store is a member of Just Eat and Uber Eats. Delivery sales are approximately £1,000 per week.
Price * £129,950 OIRO SAV
Tenure * The site is offered by way of assignment of the existing lease with 6 years remaining with a renewable lease.
Staff * The business is run and managed by the owner with two full and two part time members of staff.
Accommodation * There is no accommodation available.
Rent: * The rent per annum is £7,920.
Fixtures and Fittings The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price such as.
* 3 Pan Middleton Range - Newly Fitted in February 2023 ( worth £36,000) * 4 x Single Archway Kebab * Stainless Steel Fridge * Hushky Fridge * 6 x Pot Bain Marie * Chest Freezer x 1 double * Chest Freezer x 1 single
Rates * We have been advised that 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 shared equally.
Trading Information * Full accounts and trading history will be made available to seriously interested parties after they have viewed the business.
Regulatory * A5 License * 4 Food Hygiene Rating
Viewing arrangements: * 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 * Once an Offer has been accepted the successful buyer/s are required to pay a deposit to secure the sale, and is held in protected client account.
Tenure: Leasehold (6 years) The site is offered by way of assignment of the existing lease with 6 years remaining with a renewable lease.