Hilton Smythe are delighted to welcome to the market Caspian Fish Bar.
This well-known fish and chip shop was only established in 2014 and has thrived. The business has benefited from the lack of fish and chips in the area, and has generated an astounding advised turnover of £166,400 in such a small amount of time.
Our client is looking to sell the business due to other interests, but has really enjoyed setting up this successful venture. The business offers high quality food and has built up a loyal customer base from word of mouth recommendations.
The business boasts from its hygiene rating of 5 and this factor has attracted many customers. The current owner is happy to offer a handover period for the new owner, to ensure the success of the business is continued.
The fish and chip shop has a fantastic turnover but there is still scope to increase revenue made by the business, perhaps by offering a delivery service for the local area. They could also advertise this service and the shop on social media .The shop could open later hours and also open on a Sunday to increase sales. The kitchen has a fantastic amount of space and could also look into outside catering, this could increase turnover massively with the right marketing.
The business is in a walk-in-and trade-condition and is maintained to a high standard. This is an excellent opportunity for a new owner to take this busy business to the next level; Therefore early viewing is highly recommended to avoid disappointment.
Caspian Fish Bar is a chippy in the fantastic location of Patchway, Bristol. The business is located within a busy commercial area of the city, but close to many residential homes from which the business derives much trade. Gloucester Road is a very busy A road which is a major commuter road from Bristol city centre.
The area of the business is served by the public transport system, with bus stops within easy walking distance of the property. Just a short drive away is Patchway train station, and with Bristol city centre just 6 miles away, the business benefits from the high footfall of the area.
Amenities within the town include a community centre, Post Office, a number of shops, newsagent and a few banks, as well as a couple of social clubs and health centre, which includes a dental practice and GP surgery.
The business has many complementary shops surrounding, and benefits from on street parking at the front of the property which allows customers to quickly pop in.
The premises has recently been fitted out to suit the trade and is in immaculate condition. Some of the changes that were made where tiled flooring, redecoration and suspended ceiling with concealed lighting. The business is immaculately presented with attractive signage and parking to the front. To the rear of the business is a decent size yard with vehicle access and parking for approximately 3 vehicles.
Front of house equipment included in the sale-
Bespoke stainless steel counter
Illuminated menu boards
4 camera CCTV system
3 pan ‘Henry Nuttal’ fryer
Stainless steel fridge
Stainless steel freezer
Twin stainless steel sinks with drainer
Separate stainless steel hand was basin
Stainless steel preparation bench
Full extraction system
Twin kebab machines
4 ring cooker with oven beneath
4 pot bain marie
Stainless steel storage unit
Beech effect drawer unit with cupboard beneath
In the rear preparation room preparation room there is also a suspended ceiling with concealed lighting. Further brand new equipment included in sale-
Ring Cold’ walk-in chiller
Stainless steel sink with storage beneath
Freestanding shelving unit
Ample floor space for additional storage,
Run of useful worktop with drawers and cupboard space beneath.
Potato room which is to the back of the premises is fully tilled for cleanliness. There is a potato peeling machine and chipping machine in the room. There is a door which leads through to the rear yard. The bins are kept in a bin store which is behind roller shutters.
With the new business only set up a year ago, the current owner spent a substantial amount of money on decorating and buying equipment to run the chippy. £80,000 was spent on the business and all equipment is included in the sale.
We are advised that the business is Leasehold
Original lease length 15 years
Remaining length of lease 14 years
Review period 3.5 years
Rent £12,000 per annum
Business opening times-
Monday-Saturday: 11:30 am- 2pm Evenings 4:30pm-10pm
The business is run and managed by our client with the help of 3 part time members of staff.
We are advised the turnover for the business is around £166,400 per annum
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