For Sale

Restaurant

(CS0221) High Turnover Fish and Chip Shop


£220,000

Traditional Fish & Chip shop located on a busy main road. Prominent position, surrounded by local stores and businesses. Weekly turnover of £8,000. As seen by the online ratings and reviews, the business is extremely popular within the local area.

The Opportunity:
* Recently refurbished
* Staff managed store
* Established for over 3 years
* High margins

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 £8,000.
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.

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

Viewing arrangements:
* Mailbox Estates highly advise early viewing to avoid disappointment.

*****THIS IS A CONFIDENTIAL SALE, PLEASE DO NOT APPROACH STAFF OR THE VENDOR, PLEASE VISIT AS CUSTOMER ONLY.*****

Deposit
The successful buyer will be required to pay a non-refundable deposit.

Mailbox Estates highly advise early viewing to avoid disappointment.

Tenure: Leasehold
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