Freehold fish & chip shop, prominent Shanklin corner

Key features

• £201,000 net audited sales for year ended November 2024
• £4,200 weekly takings from just 18 hours of frying
• £35,000 Mallinson range, fitted in the three-year-old refurb
• Self-contained one-bed flat above, c.£650 pcm rental potential
• Freehold corner plot, year-round trade in a coastal catchment

About this business

A prominent freehold fish & chip shop on the Isle of Wight, completely refurbished three years ago and currently turning over around £4,200 a week from just 18 hours of frying. Net audited sales reached £201,000 for the year ended November 2024 over a 48-week trading period — and remarkably, the shop trades evenings only, six days a week, with no home delivery and a deliberately limited menu. The vendors are relocating to Kent for family reasons, leaving a keenly-priced freehold with self-contained accommodation above and clear, measurable upside for a hands-on operator.

Trading figures

The vendors report net audited sales of £201,000 for the year ended November 2024, achieved over a 48-week trading period — an average of around £4,200 a week. What makes those figures stand out is the input behind them: just 20 hours of frying, evenings only, with no delivery service and a deliberately traditional menu. The hours don't even extend through the summer peak, when the catchment is flooded with holidaymakers. Bringing in normal trading hours, a wider hot-food range and a delivery channel are three concrete levers an operator could pull to grow takings from this baseline.

Trading hours

Monday to Saturday: 5.00pm – 8.00pm. Closed Sundays. Hours remain unchanged year-round, including through the summer peak.

Business premises

Following a fire three years ago, the premises have been completely refurbished throughout, with new equipment installed as part of the rebuild. The shop sits boldly on a prominent corner plot under a fully-glazed single frontage. Inside there's a good-sized sales area with a full-width service counter housing the range, and a fully-equipped frying area behind it. The finish is to a quality standard — fully-tiled walls and industrial-grade flooring — and a purpose-built preparation and working area sits to the rear of the shop.

Trade equipment

The headline item is a modern £35,000 Mallinson counter frying range, fitted as part of the post-fire refurbishment three years ago. Also included: an excellent selection of fridges and freezers, two microwave ovens, overhead extraction, a chipper, a peeler and a full selection of trade utensils. (Items have not been formally tested — buyers should commission an independent inspection.)

Accommodation

Self-contained accommodation above the shop, comprising a large bedroom, lounge, kitchen and bathroom. If not required for the owner's own use, it has the potential to be rented out for around £650 per month.

Trading position

Prominently positioned on a bold corner plot within a bustling district, very close to the coast. The surrounding area has a high resident population year-round, and in season the catchment swells with tens of thousands of holidaymakers and visitors, supported by a large number of caravan parks in close proximity. Two distinct customer bases — settled local trade plus a strong seasonal tourist uplift — under one roof.

Special remarks

A genuine sale: the owners are reluctantly relocating to Kent to be closer to family. What they're leaving behind is a freshly-refurbished freehold fish & chip shop trading at £4,200 a week on just 18 hours of frying — with the levers to grow takings (normal trading hours, an expanded menu, a home-delivery service) clearly identifiable rather than speculative. Keenly priced as a freehold, especially for a newcomer or a trade-builder who can put in the hands-on hours the current operation deliberately doesn't. Reduced to encourage a quick sale.