Same owership 40 years, high turnover fish & chip shop in North Oxfordshire

Key features

• £12,000 weekly turnover with no late-night trading
• Genuine retirement sale after 40 years under same ownership
• New 20-year lease offered at £24,000 p.a. starting rent
• Fully tiled shop with Preston & Thomas 3-pan counter range
• Large catchment including town, station, and surrounding villages

About this business

Lucrative sales of £12,000 per week with no late night trading offering potential for additional openings. Attractive fully tiled shop incorporating a well organised frying/serving bay and adjoining preparation facilities. Our client will grant a new 20 years lease at stating rent of £24,000 per annum. Well established in sought after Oxfordshire town within a neighborhood that's heavily populated and has a good catchment area generating solid trading. Genuine retirement sale after 40 years of ownership.

Trading figures

We have been informed the current turnover is in the region of £12,000 per week closing 9.00 pm latest with some delivery sales via Just Eat. The shop has been rented out/ sub let for the last 1.5 years and they are paying £1,000 weekly rent and they are vacating to be with family in Cyprus.

Trading hours

Monday through to Thursday, 11.30 am to 2.00 pm and 4.00 pm to 9.00 pm. Friday and Saturday, 11.30 am to 9.00 pm. Good potential for additional opening which will be evident upon viewing.

Business premises

Well established shop having a small fully glazed shop front with wide single door access beneath a full width lit box fascia and additional signage. The well presented sales shop is attractively styled with tiled walls & flooring under a suspended illuminated ceiling, good menu display and is fronted by a 3 pan 'Preston & Thomas' counter range. The well organised frying/serving bay continues round to the cooking section that's fitted with a overhead extractor, backs directly onto the handy fully tiled preparation area incorporating potato works. NEAT AND TIDY EASY TO OPERATE UNIT.

Trade equipment

Good assortment of equipment to include a 3 pan 'Preston & Thomas' counter range, chipper, 56lb peeler, twin kebab machine, double door stainless steel fridge & freezer, digital till, 2 pot bain-marie, stainless steel fish keeper, microwave oven, griddle and preparation fridge. ( The above items have not been tested by Rosens ). Full trade inventory will be provided prior to completion.

Tenure

The seller will grant a new 20 years lease with 4 yearly at an initial annual rent of £24,000.

Accommodation

No accommodation is included in the sale.

Trading position

Situated sought after area of northern Oxfordshire close to Warwickshire & Northamptonshire borders in excellent location facing busy main route to/from town centre, close to station, pub and other local amenities. The immediate neighborhood is heavily populated and there is a large catchment area including surrounding villages, which provide solid year round sales plus benefiting from good passing trade.

Special remarks

The seller established this unit 40 years ago from scratch and the shop has an excellent reputation and is very profitable having regular high turnover and is now offered for sale due to pending retirement. It would make a ideal purchase for experienced operator or two families who could share the responsibilities and reap the rewards. HIGHLY RECOMMENDED CONCERN THAT STILL HAS POTENTIAL TO EXPAND.