Investment Properties for sale in Louth

View the "INVESTMENT OPPORTUNITY - LINCOLNSHIRE" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Freehold Price: £485,000 Price Reduced Annual Turnover: £442,000
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Business Description
• Superb investment opportunity
• W/T £7,700 prior to closure, 9,200 sq2ft - opportunity for change of usage
• Prime town centre location, genuine scope to develop
• Immaculately presented, along with two self contained flats

Investment opportunity, prime town centre location, Lincolnshire W/T £7,700 prior to closure, genuine scope to develop, 2 s/c flats immaculately presented, valuable equipment, rare opportunity, viewing highly recommended. Freehold ref: 43013

This is a rare opportunity to purchase a formerly well established and well known traditional English fish and chip shop. The take away and restaurant is located in the popular Lincolnshire town of Louth.

Mr Chips of Louth is well known within the town and enjoyed an enviable reputation for offering the finest fish and chips in the area prior to closure. The business has the capacity for 220 covers.

The property is also licensed and therefore allows any new owner to offer a wide selection of wines and beers as well as soft drinks, hot and cold drinks. There is huge potential for an ambitious team or entrepreneur who can develop the premises in to one of a number of business opportunities. The restaurant has been refurbished to a high standard.

Located in the centre of the town the business will benefit from the surrounding residential and commercial dwellings and therefore attracts high levels of regular local and passing trade.

The business operates from a highly visible double fronted semi detached two storey premises, which are presented to an extremely high standard.

The ground floor of the property is used for business accommodation with the first floor having two self contained interconnecting apartments. These comprise of 3 beds, 2 baths, 2 kitchens and 2 lounges ideally suited to large family working together, two couples or even just rent out for additional income.

This fantastic business opportunity offerioffers fantastic scope for future growth and improvement.

This would ideally suit an ambitious and energetic couple who have the opportunity to develop the premises into a lucrative business of their own choice within the licence allowance or could apply for an alternate licence.

This is a first class business opportunity and viewing is therefore highly recommended to avoid disappointment.

Summary. This is a fantastic opportunity to purchase a highly lucrative business with terrific potential for future growth and improvement. To avoid disappointment, viewing is highly recommended.
Tenure: Freehold

Listed by: Kings Business Transfer
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KBT43013
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