Hilton Smythe welcomes to the market Excelsior Fisheries. The shop was originally established by our clients in 2011. The owners are now looking to sell due to the desire to focus on other business interests.
Our clients have enjoyed running this traditional fish and chip shop in this area. They offer fish, sausage, scampi, cheesy chips, burgers, pies, chicken nuggets and much more. There is a fantastic menu available which is great as this is one of the main fish and chip shops in the area.
The business generates a healthy turnover of around £70,000 with a gross profit of 47% as per 2015 accounts. This is a great turnover, however, we feel this could be increased by increasing opening hours. The shop is currently open 18 hours per week.
The new owner could also look to offer deliveries to the locals. The business receives much of its trade from the locals, boosted by tourist trade during the summer period.
Included in the sale is the owner’s accommodation. The flat is well-presented and is very spacious. The flat is currently one bed, however, the loft could be converted into another bedroom. This freehold shop would make a perfect opportunity for a husband and wife team looking to relocate to this area.
This shop has been run to an exceptional standard and would be a fantastic opportunity for someone looking for a hands-on business. Hilton Smythe highly advise early viewing in order to take in the full potential.
Excelsior Fisheries is located in Staithes, Saltburn-By-The-Sea.
The business is situated within a densely populated part of Staithes. The business receives a large amount of custom from the locals in the area. This is a scenic location, close by there are a plethora of rolling fields and countryside. There are several independent businesses dotted around such as a bed and breakfast, caravan parks and holiday cottages.
Staithes was originally one of the largest fishing ports in the North East. The area is now a main tourist destination.
The business is located just off the A174 which is an arterial road that runs from Whitby all the way across the coast to Middlesbrough. The towns are just a short drive away, Middlesbrough is approximately 22 miles away and Whitby is just 10 miles. There are several bus stops around the area that have regular daily routes out of town. The closest train station is a 20 minute drive into Saltburn.
The business is situated in a corner property at the end of a row of terraces. The shop is well signed with a sign across the front. There are two parking spaces directly outside the shop, this is for customers, during opening hours.
The inside of the shop is very spacious and has been complete to a high standard. There is a seating area for up to 17 covers, set across a variety of tables and stools. There are photos around the room which give off a personal touch.
The service counter is in the centre of the room and behind is the open plan preparation area with the pan range and other equipment. This is a fully-equipped premise that is ready to run. On the ground floor there is also a dry store and a wet room with the waste disposal unit and ice machine. There is also an office and a toilet, at the back there is a delivery entrance.
Equipment included in the sale is as follows-
All fixtures and fittings
Two chest freezers
Fat filter machine
On the first floor of the property is the owner’s accommodation. This has a separate entrance at the side of the building. This comprises of an open plan living room/kitchen which comes with white goods. There is a double bedroom with a walk-in wardrobe and a bathroom with a shower. The premise is heated by electric storage heaters.
There is a spacious loft which could be easily converted into another bedroom.
We are advised the business is being sold as a Freehold opportunity.
The business is opening hours-
Tuesday: 4pm – 7pm
Wednesday: 4pm – 7pm
Friday: 11:30am – 1:30pm & 4pm – 8pm
Saturday: 11:30am – 1:30pm & 4pm – 8pm
The business is run and managed by our three clients with the help of 2 part time members of staff.
The business generates a turnover in the region of £70,000.
Gross profit 47% as per 2015 accounts.
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