Mailbox Estates is pleased to present to the market this traditional Fish and Chip Shop, also offering Pizzas, which is an ideal opportunity for an investor or owner-operated individual to take over this already successful business. This opportunity is perfect for an experienced operator looking to further increase the sales and profitability of the business.
The Fish Bar enjoys a busy footfall from the local community and also offers delivery services through Just Eat. Despite operating only during the evening hours, the turnover is impressive and will likely continue to rise, especially under new ownership.
Reason for Sale:
Our client took over the business in 2024, but due to their other business commitments in London, where they reside, they have decided to sell. The demands of managing multiple ventures have prompted the decision to focus more on their operations in London.
The Opportunity:
* Weekly turnover of £3,000 - £3,200
* Nil business rates.
* Currently trading only in the evenings, presenting significant growth potential.
Location:
* Situated on a busy street near a residential area, benefiting from high footfall and passing trade.
* Bold signage displayed across the width of the shop, with an entrance door and large glass windows that allow natural light to flood the store, creating a bright and inviting atmosphere.
* The store is conveniently located next to two adjacent convenience stores and a pharmacy, further increasing visibility and foot traffic.
Internal:
* Ground floor shop sales area of approximately 111 sq. m (1194 sq. ft).
* Comprising a well-fitted servery area, kitchen, prep room, generous storage rooms, and a staff room.
* Staff WC located to the rear.
External:
* Secure customer parking is available at the front of the store.
* Delivery access is provided to the rear for loading and unloading.
Weekly Turnover:
* We are advised that the weekly turnover averages around £3,200, with delivery sales through Just Eat contributing approximately £800 per week and Uber Eats, £200.
Tenure:
* The business is offered by way of assignment of the existing lease, with 19 years remaining.
Trading Hours:
* Monday - Thursday: 4:00pm - 9:30pm.
* Friday - Saturday: 12:00pm - 9:30pm.
* Sunday: 4:00pm - 9:00pm.
Staff:
* The business is currently run by the staff with two full-time staff members and one part-time.
Rent:
* Annual rent is £15,000.
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.
Legal Costs:
* Each party is responsible for their own legal costs in connection with the sale.
* Landlord's legal fees are to be shared equally between the buyer and seller.
Regulatory:
* A5 Licence.
Viewing Arrangements:
* Mailbox Estates highly recommends an 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 ITS STAFF.
Deposit:
* Successful applicants will be required to pay a non-refundable deposit.
Mailbox Estates strongly advises early viewing to avoid missing out on this fantastic opportunity.
