Hilton Smythe welcomes to the market Chandos Fish Bar. The business was originally established in 2014 by our client. All equipment was bought brand new and so all equipment is reasonably new. The owners are now looking to sell the business due to the desire to focus on other business interests.
The business runs as a high quality fish and chip shop selling traditional products. They sell a range of fish, fish cakes, sausage in batter, children’s meals and tasty pies. There is the option to expand the menu further, by introducing foods such as burgers and maybe kebabs.
The premise is well-presented and stands out from its competition. The current turnover for the business is around £67,000 per annum with a gross profit of 20%. This is a healthy turnover that could be increased.
The new owner could look to open longer hours to take advantage of trade from the many local pubs. There is flexibility for the hours, and this should be something the purchaser looks into. However, if extending hours is not an option; reducing staff will affect the overall gross profit. Our clients own other businesses and are unable to work at the chippy full time. The £25,000 wage bills could be massively decrease with a new hands on purchaser.
This is a fantastic opportunity for a husband and wife team looking for a busy business. The chippy is the main one in this location and so has huge potential to boost trade. Hilton Smythe highly advise early viewing to take in the full potential of this exceptional business.
Chandos Fish Bar is located in Redland, Bristol.
The chippy is situated on a main shopping location amongst a plethora of retail outlets. There are several stores such as a delicatessen, bakery, café, flooring company, theatre and more. Along the street are free on street parking bays. This a great place to run a business as this part of town receives a generous amount of footfall daily. There are also many student lets close by, from which the business receives a generous amount of trade.
The chippy is just a short 5 minute drive away from the A4018 which is an arterial road that runs from the M5 at Easter Compton through to Bristol. Bristol is approximately 15 minutes away.
The area also has great public transport. The closest train station is within an easy walking distance. There are also many bus stops around.
The property is well-presented. There are large windows across the front which allows for a bright and airy retail space. There is signage across the front of the property and stickers on the windows. This is a clean modern property that looks highly inviting.
On entrance is a large retail space there are around 10 covers in this space for customers to sit and wait for their food. Inside there is a bespoke service counter, behind the counter is a separate open room with the Range, where food is prepared and cooked.
The kitchen space is complete with stainless steel fixtures and fittings. This is also a bright room that is very clean. The whole property has been finished to a very high standard.
Further through to the rear is the rear this has the chipper and other equipment. There is also a staff toilet and access to the garden. In the garden is a waist height plastic storage shed for potato storage. There is access to the cellar via the outside. This space is of a substantial size, in the cellar is the vent and mechanics for the Range which allows for easy accessibility for services.
Equipment included in the sale is as follows-
Full chip kit – including chipper & tank – 25KG limit
Stainless steel counter tops
Merlin oil filtration
2x commercial sinks
Electric water heater
All fix and fittings new – double glazed – nice wooden flooring throughout
Coca-Cola drinks fridge
We are advised the business is being sold as a leasehold opportunity.
New lease to be negotiated with our client who owns the freehold.
Rent: £1,000 - £1,200 per month
The business is opening hours-
Tuesday - Friday: 12pm – 2pm & 5:30pm – 9pm
Saturday: 5pm – 9pm
The business is run and managed by our clients with the help of 3-4 members of staff.
The business generates a turnover in the region of £67,000 per annum.
Gross profit 20%
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