Fish & Chip Shops for sale in Market Harborough

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Ian McGregor (Nov 2013)
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Leasehold Price: £115,000 Turnover: £94,491 Gross Profit: £56,954
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Business Description
Hilton Smythe welcomes to the market St Marys Chippy.  This immaculately presented business

has been established since the 1960’s and owned by our client for some ten years and remains a popular take away for both locals and visitors alike.

As well as serving traditional fish and chips the business also offers an extensive menu including fishcakes, scampi, tinned roe, a range of burgers, kebabs, chicken dishes, cold drinks and a selection of pies.  The business is maintained and fitted to a very high standard with a clean and modern appearance.

This profitable business offers further potential to expand perhaps by extending opening hours to include Sunday trade or joining one of the many on-line take away websites offering a delivery service to the area, additional food lines could then be introduced therefore increasing profit and subsequent turnover.

We would highly recommend viewing to fully appreciate the prime trading location and truly appreciate the high standard of this well presented business.

The business is located in the rural market town of Market Harborough in South Leicestershire.

Situated on the edge of this very busy town centre on St Marys Road nestled amongst both residential and complementary businesses bringing heavy footfall throughout the day. The business benefits from free parking in close proximity.

Market Harborough is well served by public transport with its own railway station and regular bus services throughout the town and surrounding areas.  The town is about 15 miles from the city of Leicester via the A6 and around 17 miles from Northampton town centre.  The M1 is approximately 11 miles west of the town.

This historic town sits on the River Welland, where a branch of the Grand Union Canal terminates in the north part of the town.  The canal basin known as Union Wharf is now transformed with shops, apartments and restaurants.  Residential moorings and canal boats can be hired bringing many visitors to the town.

This double fronted terraced premises briefly comprises:-

Well presented waiting and service area with black and white floor to ceiling wall tiles, serving counter with stainless steel 2 pan range with hot cupboard, 1 electric till, separate hot cupboard, 2 kebab rotary’s, three pot Bain Marie, ample storage cupboards, 1 upright drinks chiller, six pot Bain Marie, hand wash and microwave.

To the rear of the serving area is a walk in fridge and walk in freezer.  

Steps leading down to the semi-basement used as preparation room.

The preparation area is fitted with stainless steel work services and commercial sink, stainless steel shelving including 4 tier racking, potato storage area.  To the rear is a store area and toilet facilities.

Externally the business is highly visible with good signage with an elegant appearance.  There is a convenient waste bin and long lay-by with free parking.

We are advised Leasehold.

The original lease length is 10 years with 6 years remaining.  The rent is £12.500 per annum.

The business opens:-

Monday to Friday  11.30am – 2.00pm  4.30pm – 10.00pm

Saturday  11.30am – 2.00pm  4.30pm – 9.00pm

Sunday    Closed

As previously mentioned there is the scope to introduce Sunday trading.

According to accounts year ending March 2015, this successful business reports an annual turnover of just under £94,500. With reported gross profit of 60%

Tenure: Leasehold

Listed by: Hilton Smythe
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