Mailbox Estates is delighted to offer this rare opportunity to acquire a highly profitable, long-established Fish & Chip Shop, ideally positioned in a prime high-footfall location. Boasting an impressive weekly turnover of £10,000, the business includes accommodation.
REASON FOR SALE:
Our client, the landlord, has successfully operated the business for 35 years and is now offering for sale by way of a new lease due to retirement.
THE OPPORTUNITY:
*Location: Prime position on a busy main road with high footfall, excellent visibility, and other shops nearby.
*Weekly Turnover: £9,500 -£10,000 on average
Hygiene: Awarded a 5-Star Food Hygiene Rating, reflecting the highest standards.
*Fully equipped with high-quality, modern equipment, enabling smooth and efficient operations.
*The business has never been listed on online delivery platforms, presenting a clear opportunity to increase sales by introducing Just Eat, Uber Eats, and Deliveroo.
LOCATION:
*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.
* Surrounded by residential neighbourhoods, providing a steady stream of local customers and repeat business.
*Strong community presence with nearby pharmacies, convenience stores, and bus routes driving traffic past the shop.
WEEKLY TURNOVER:
*We have been advised by our client that the business generates an average weekly turnover of £9,500 - £10,000.
100% of the revenue is derived from walk-in customers, with potential to expand for online delivery platforms.
Rent
*The annual rent is £17,500 and includes a generous sized two-bedroom flat above the premises, currently let at £620 per calendar month. The flat can also be offered with vacant possession, if required.
The rental income from the accommodation provides a valuable opportunity to offset a significant portion of the rent payable. This leaves only £10,000 payable!
Ground Floor:
*The ground floor is designed for efficiency, featuring a rear prep room, and individual workstations for each staff member.
*Chillers
* CCTV with recording
* Wet room for prep area
* Staff W/C
*Rear Kitchen
*Storage Room
TENURE:
*The business is being offered for sale by way of an assignment of a new renewable lease of 20 years with rent reviews every third anniversary.
TRADING HOURS:
Monday - Saturday: 12:00pm - 14:00pm then 16:30pm - 22:00pm
STAFF:
*The business is operated by the owner, supported by a team of eight part time staff.
FIXTURES & FITTINGS:
*The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
RATES:
* £0 per year. ( small business rates relief )
* Purchasers should enquire with relevant local authorities to confirm the 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:
*Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises
REGULATORY LICENCE:
*A3 Licence
*5* Food Hygiene Rating
DEPOSIT:
*Successful Applicants will be required to pay a non-refundable deposit.
VIEWING ARRANGEMENTS:
Important: Discreet customer visits are encouraged, but DO NOT approach the vendor or staff directly.
For more details or to arrange a viewing, contact Mailbox Estates today.
Tenure: Leasehold (25 years)
20 -25 years lease
