High turnover well fitted and equipped fish & chip business with 3 bedroom flat, same owner 31 years

Key features

• The same ownership for 31 years
• High turnover with takeaway & delivery sales
• Three bedroom flat let at £8,400 per annum
• Busy parade with free parking at the front
• Closes most evenings finishing at 9.00 pm

About this business

Our client has built up the business over 3 decades creating a high turnover profitable concern and is for sale due to pending retirement. Situated on a active parade with easy parking and benefits from regular year round lucrative sales from the well populated surrounding community. There is a 3 bedroom self-contained flat which is let producing rent income of £8,400 per annum. A well fitted and equipped up to date unit, ideal for a capable family team to take forward.

Trading figures

High turnover shop with takeaway and delivery sales from a complehensive lucrative menu, closing 9.00 pm most evenings. ( Full details available upon request ).

Trading hours

Monday to Thursday: 11:45 am – 2:15 pm and 4:00 pm – 9:00 pm. Friday: 12:00 noon – 9:30 pm. Saturday: 12:00 noon – 9:00 pm. Sunday: Closed.

Business premises

Modern attractive double glazed frontage with entrance through a single door leading into a spacious tastefully styled customer area with commercial linoleum floors, tiled walls and a suspended ceiling. Behind the counter staff service area features a mixture of steel and tiled walls having archway leading to well laid out kitchen with separate potato room in the plus rear access to spacious garage used for stock and a large walk-in fridge. Well fitted and equipped throughout.

Trade equipment

Hewigo, 3 pan frying range, 2 commercial Samsung microwave, 2 bain-marie, large walk-in fridge, separate large walk in freezer, large commercial double drainer sink, Bold peeler & chipper with potato bath & potato bins, 3 Archway kebab machines, chicken pressure fryer, undercounte fridge, upright drinkd fridge, cctv and electronic till. ( The above items of equipment have not been tested by Rosens ).

Tenure

We understand that the current lease has 4 years remaining with a rent of £15,000 per annum annum. However, we have been informed by the seller the landlord would grant a new lease, subject to satisfactory references on the ingoing tenant.

Accommodation

Separate entrance to a 3 bedroom flat being open plan with a separate kitchen and bathroom plus fully double glazed and central heated. The accommodation is let producing an annual rent income £8,400 pa which is very low for the area.

Trading position

Located in a busy parade of shops located on a busy main route/road with bus stops, including a national supermarket and features plenty of free car parking in front. Surrounded by traditional leafy housing stock made up of terraced, semi-detached and large detached houses plus a number of flats.

Special remarks

The current owners having built the business up as a profitable and well known local brand for over 3 decades are reluctantly retiring to enjoy more family time.