Fish & Chip Shop/Takeaway With Accomm - Hereford

Prominent Main Road Location
Two Bedroom Accommodation
Annual Turnover £62,400
Further Financial Info Available After Viewing
Open Until 00:30 / Licenced Until 4am
Scope To Expand Menu
Scope To Introduce Just Eat & Uber Eats
Small Seating For 6
EPC - E
REF 6907 – Leasehold Fish & Chip Shop/Takeaway With Two Bedroom Accommodation

Blacks Brokers are pleased to bring to the market this leasehold fish and chip shop and takeaway located in the busy town centre of Hereford.

INTRODUCTION

Hereford Fish & Chips has been trading from 60 Commercial Road since 2017. The business has become well known and has a strong base of regular customers, maintaining a strong local reputation.

LOCATION

Hereford Fish & Chips is positioned on a busy main road right in the centre of Hereford. Hereford is densely populated and much sought after. The area is well linked by the M50 and A40 with excellent public transport links and parking is available in the immediate area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator, due to our client’s other business commitments the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is 5 years and began in April 2018. The lease runs at a cost of £392 per week.

BUILDING LAYOUT AND DESIGN

Hereford Fish & Chips operates from the ground floor of a spacious two storey, single fronted property with large signage displayed above. Inside, the servery area is well presented with a large stainless steel counter in place with display ovens. Electric menu boards are fitted above the servery area. There is also a seating area which allows dining for 6 customers. Behind the counter and to the rear of the premises is a preparation/kitchen area. There are also staff toilets and access to the accommodation.

The first and second floors of the property is included in the lease price - at present it comprises of a kitchen, living room and bathroom on the first floor and two large bedrooms on the second floor. This will be vacant upon sale.

STAFF

The business is currently operating with two full time members of staff in employment supporting our client on a full time basis.

FINANCIAL DETAILS

Hereford Fish & Chips has traded well since opening in 2017. We are advised the business currently has an annual turnover of £62,400. Further financial information can be made available after viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business occupies a fantastic trading position right in the centre of Hereford. There is plenty of scope to develop the business further with the introduction of a new menu and also the use of Just Eat and Uber Eats delivery services. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Chairs

Tables

Heated Display

Range

Drinks Display Fridge

Bain Marie

Chipper

Rumbler

Kebab Rotisserie x 2

Grill

CCTV