Restaurants for sale in Blackpool

View the "Busy Fish & Chip Shop/Restaurant in Blackpool For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Leasehold Price: £125,000 Turnover: £192,521 Gross Profit: £101,975
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and very popular fish & chip shop/restaurant, which is ideally located within Blackpool in Lancashire.

The business was originally established in the 1920s and has been in our client’s careful ownership since 2006. Only now is the business being offered to the market due to our client’s desire to re-locate. The business currently operates 6 days per week and generates a turnover in the region of £191,500 per annum, with a gross profit of approximately 53%.

Our client offers a variety of traditional fayre to eat in or take away including fish & chips, chicken nuggets, scampi, fish fingers, burgers, and pies, to name a few, as well as a selection of hot and cold beverages. The property boasts approximately 255 sq. metres of floor space, is very well maintained and fitted out to suit the trade.

To the ground floor of the property is the main sales and service area, as well as a seating area with 22 covers. The first floor boasts the accommodation, with a lounge, kitchen, bathroom and three bedrooms, which could be used by a new owner or let out to generate further income.

We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to promote the food and services offered. The business already utilises social media and has a Facebook page with 455 likes.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

LOCATION
Taylor’s Fish & Chips occupies substantial two storey premises, ideally located within the very popular seaside town of Blackpool in Lancashire. The property is surrounded by a mix of commercial properties and densely populated residential areas, from which the business derives much trade. The business is located on the busy St. Anne’s Road, therefore benefiting from a very high volume of footfall and passing trade, as well as off-street parking facilities to the front of the premises.

Blackpool is Britain’s most loved holiday destination, due to the huge range of attractions, which are available all year round, as well as the new seafront, world class events and spectacular lighting shows. The town is well known for the famous Blackpool Tower, which soars 158 metres above the town.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is Squires Gate, which is approximately 10 minutes’ walk away. The area is also well served by the A-roads, with the business situated just off the A5230, which links to the national A-road and motorway networks. Fleetwood is approximately 11 miles away and Preston is 16½ miles away.

PREMISES
Substantial two storey premises, in an ideal trading location, briefly comprising:

Ground floor:

Double fronted shop.

Door leading to main sales and service area.

Door leading to fully fitted stainless steel commercial kitchen.

Restaurant area with 22 covers.

Owner’s office.

Storage room for chipping and rumbling.

First floor:

Spacious lounge.

Kitchen.

Bathroom.

Double bedroom.

Box room.

Double attic room.

External:

Back garden with artificial grass.

Outside WC.

Rear owner’s parking space.

Equipment included.

3 x pan range, which is maintained every year.

Bain-Marie.

Chipper.

Rumbler.

2 x commercial microwave ovens.

4 x freezers.

4 x refrigerators.

Pie warmer.

Tea urn.

TENURE
We are advised Leasehold:

Original lease length: 10 years

Remaining lease length: 10 years

Review every: 3 years

Rent: £1,000 per month

HOURS
The business is open:

Monday – Saturday: 11.30am – 2.00pm and 4.30pm – 8.00pm

Sunday: Closed

STAFF
The business is owner run and managed with 7 x part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £191,500 per annum, with a gross profit of approximately 53%.



Tenure: Leasehold

Listed by: Hilton Smythe
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