Mailbox Estates is delighted to present this rare opportunity to acquire a highly profitable, long-established Fish & Chip Shop, ideally positioned in a prime high-footfall location. The business boasts an impressive weekly turnover of £10,000 and benefits from low rent and nil business rates, with the added advantage of accommodation included.
Reason For Sale:
The business has been operated successfully by our clients for just over nine months. It is now offered for sale due to other business commitments.
The Opportunity:
* Location: Prime position on a busy main road with high footfall, excellent visibility, and other shops nearby.
* Weekly turnover of £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
* Nil Business Rates
* Option to increase prices
* Low rent of £17,000 Per Annum
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 weekly turnover on average is £10,000
*Approximately 90% of the revenue is generated from walk-in customers, with the remaining 10% coming from delivery services such as Just Eats and Uber Eats.
Ground Floor:
*The ground floor is designed for efficiency, featuring a rear prep room, and individual workstations for each staff member.
*Double Chillers
* CCTV with recording
* Wet room for prep area
* Staff W/C
*Rear Kitchen
*Storage Room
Tenure
* The site is offered by way of assignment of the existing lease with 8 years remaining with a renewable lease with rent reviews every fifth anniversary.
Trading Hours:
* Monday - Saturday - 11.30am to 11:00pm
* Sunday - 4:00pm - 10.30pm
Staff
* The business is owner-operated and supported by a dedicated team, including around two full-time staff members and two part-time staff member.
Accommodation
* Two-bedroom accommodation with separate access, currently rented to staff. Can be vacant upon possession.
Rent:
* The rent per annum is £17,000 including the ground floor and first floor.
Fixtures and Fittings
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
Rates
* We have been advised that there are no business rates payable.
* 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.
Regulatory Licence
* A3 License
* 5 Food Hygiene Rating
DEPOSIT:
*Successful Applicants will be required to pay a non-refundable deposit.
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.
Tenure: Leasehold (8 years)
8 years left and is renewable
