Hilton Smythe is delighted to welcome to the market this very popular fish & chip shop business, which is ideally located within the city of Stoke-on-Trent, Staffordshire.
The business was established by our client in December 2015 and is only now being offered to the market, due to our client’s desire for a change of direction. The business currently operates 7 days per week and generates a turnover in the region of £234,000 per annum, with a gross profit of approximately 65%.
We are advised that as of April 2017 the business will be exempt from rates. This will reduce monthly costs by just over £600, allowing for more profits.
Our client offers a variety of fast food including traditional fish & chips, pizza’s, burgers, kebabs, grills, southern fried chicken and Piri Piri chicken, to name a few, as well as a selection of beverages. The property boasts 139 sq. metres of floor space, is very well maintained and decorated to a very high standard.
The business has built up an excellent reputation within the area for the high quality of the food and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by embarking on a modest marketing campaign to highlight the excellent food and service offered. The business would also benefit from the launch of a website to promote the business, which could offer a delivery service within the area.
Above the store is a large space, this could be potential turned into a one bedroom owners accommodation if required.
This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
Crispy Cod occupies substantial ground floor premises, ideally located within the city of Stoke-on-Trent in Staffordshire. The business is situated on a pedestrianised street with sitting areas within the city centre and is surrounded by a wealth of complimentary shops and businesses, therefore, benefiting from a very high volume of footfall and passing trade. The business further benefits from good car parking facilities within the area.
There is a new office development near to completion with Thames Water call centre and other council offices due to move in shortly, with over 2000 new office staff working 2 mins from this business.
Stoke-on Trent is a city in Staffordshire. Together with the neighbouring boroughs of Newcastle-under-Lyme and Staffordshire Moors, it is part of North Staffordshire, which in 2011, had a population of 469,000. Stoke-on-Trent is the home of the pottery industry and is commonly known as the Potteries.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the premises. Stoke-on-Trent railway station is just 1½ miles away. The area is also well served by the A-roads, with the A5008, 5006, 5010 and A50, are all within easy driving distance, which link to the national A-road and motorway networks. Stafford is approximately 19½ miles away and Crewe is 15½ miles away.
Substantial ground floor premises, in a prime trading location, briefly comprising:
Customer seating and waiting area:
4 x fixed tables with seating for 14 x covers.
Raised window table with views of the street.
Illuminated menu boards.
Service counter with:
2 x pan range with two chip boxes.
Top heated cabinet.
Serve over counter.
Electronic cash register.
2 x four pot Bain Marie’s.
Cuppone double deck pizza oven.
Stainless steel preparation refrigerator.
2 x kebab grills.
Commercial microwave oven.
Stainless steel preparation table.
Hot water urn.
Double deep fat fryer.
6 x burner gas oven.
Hand wash basin.
Large extraction unit.
On the first floor of the property are several rooms, this space can be transformed into owners accommodation if required.
We are advised Leasehold:
Original lease length: 6 years
Remaining lease length: 5 years, as of September 2016
Rent: £11,436 per annum
The business is open:
Monday – Saturday: 11.30am – 11.00pm
Sunday: 4.00pm – 10.30pm
The business is owner run and managed with 2 x part time staff members.
The business generates a turnover in the region of £234,000 per annum, with a gross profit of approximately 65%.
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