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 £6,000 and benefits from low rent and nil business rates, with the added advantage of accommodation included.
REASON FOR SALE:
Our client is selling the business due to other business commitments.
THE OPPORTUNITY:
-Weekly Turnover: Approximately £6,000.
-Fully Equipped: Fitted with high-quality, modern equipment to ensure efficient and smooth operations.
-Online Platforms: The business is currently listed on platforms such as Uber Eats & Deliveroo
-Growth Potential: Significant opportunity to extend opening hours, as the shop currently operates for only 6 to 7 hours per day, 6 days per week.
LOCATION:
-Prominent shop frontage with bold signage, an entrance door, and large glass windows that provide excellent natural light and create an inviting atmosphere.
-Situated within a densely populated residential area, generating consistent footfall and repeat business.
-Strong community presence with nearby pharmacies, convenience stores, major bus routes,
-Convenient customer parking is available directly in front of the shop.
WEEKLY TURNOVER:
-We have been advised by our client that the business achieves an average weekly turnover of £6,000.
-90% of revenue is generated from walk-in trade, with the remaining 10% from delivery platforms.
RENT:
The annual rent is £21,768 + VAT.
TENURE:
The business is offered for sale by way of an assignment of the existing lease, which has 3 years remaining.
TRADING HOURS:
- Monday to Thursday: 12pm-2pm, then 4.30pm-9pm
- Friday: 12pm-2pm, then 4.30pm-9.30pm
STAFF:
-The business is currently operated by 3 part-time staff, alongside the husband and wife who own the business
FIXTURES & FITTINGS:
-The premises are well-equipped throughout, and a valuable inventory of fixtures and fittings is included within the sale price.
RATES:
-There are no business rates for the business
-Purchasers are advised to verify this information with the relevant local authority.
LEGAL COSTS:
-Each party will be responsible for their own legal costs associated with the sale.
-The landlord's legal fees are the responsibility of both the buyer and the seller 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 have viewed the premises.
REGULATORY LICENCE:
-A3 Licence
DEPOSIT:
Successful applicants will be required to pay a non-refundable deposit.
VIEWING ARRANGEMENTS:
-Discreet customer visits are encouraged; however, please do not approach the vendor or staff directly.
-For further information or to arrange a viewing, please contact Mailbox Estates today.
Tenure: Leasehold (3 years)
