Fish & Chip Shops for sale in Bolton

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Fish & Chip Shop with Accommodation in Horwich

Bolton, Greater Manchester, England

  • Freehold Price: £235,000
  • Leasehold Price: £79,500
  • Annual Turnover: £156,000
  • Annual Net Profit: £98,280
  • Annual Net Profit: £16,497
Seller Reference: 6258
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Business Description
 
 
 
 
 
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Seller Reference: 6258
Request Details
Business Description
**Award Winning Fish and Chip Shop**
Property Includes 2 Bedroom Accommodation
Annual Turnover £156,000
Gross Profit £98,280
Accounts Available After Viewing
Open 21 Hours Per Week With Demand For More
Huge Scope To Increase Hours & Expand Menu
Scope to Introduce Deliveries
Option Available To Lease Business
Free Parking To The Rear
EPC - E
REF 6258 – Freehold Fish & Chip Shop with Accommodation

Blacks Brokers are pleased to bring to the market this freehold fish and chip shop with accommodation located in the much sought-after area of Horwich, Greater Manchester.

INTRODUCTION

Mr Chips has been trading on Winter Hey Lane since 2006 with a business of the same nature positioned here since the 1930’s. Our client took ownership from a family member in 2013 and has continued to enjoy this long-established and well-known shop. The property has an A5 licence in place with two bedroom accommodation on the first floor. The business has an excellent reputation with plenty of excellent online reviews in place. Most custom is repeat, from both locals and visitors to the area.

LOCATION

Situated in Horwich town centre, the property is well positioned within a popular traditional retail parade. The area is well linked by the M61 with the famous Macron Stadium close by along with many other local shops, businesses and large multiples including Aldi and Sainsbury’s.

REASON FOR SALE

This freehold business is only being offered for sale as our client has other business interests in and around Manchester which mean our client is unable to be hands-on at this location. Consequently, the shop has been trading on limited opening hours and offers much scope for expansion to meet customer.

BUILDING LAYOUT AND DESIGN

Mr Chips is trading from within the ground floor of this spacious, mid-terraced property. The business is very well branded with large signage displayed above a traditional, glazed shop frontage. Inside, the main customer servery area is well presented with tiled flooring in place and stainless-steel counter with display warmers and menu boards displayed. There is also a small, dining area for three or four customers and a drinks fridge. To the rear of the counter is a small preparation area leading to the well-equipped kitchen – this is complete with chipper, rumbler, four-pan range and much more. All fixtures and fittings are of good quality and well-maintained.

This property also benefits from a two-bedroom accommodation – this is all located within the first floor and accessed via the business. The flat comprises of a kitchen, lounge, fitted bathroom and two bedrooms. There is private parking and an enclosed yard positioned to the rear of the property.

STAFF

The business is currently operating with our client’s partner working on a full-time basis, with two additional members of staff working on a part-time basis. As mentioned above, there is much scope for expansion of opening hours and additional staff to help meet business demands.

FINANCIAL DETAILS

Mr Chips trades solidly and has a large customer base. Full financial details are available after a viewing for Annual Accounts to 31.03.2018.

SUMMARY

This freehold business offers a superb opportunity for a new owner with a range of opportunities – the business and accommodation could potentially be let separately, or a new owner/operator may wish to make use of the accommodation personally. There is plenty of scope to develop the business further with the introduction of longer opening hours – the business is currently operating on only 21 hours frying time due to our client’s other business commitments. There is also potential for deliveries, an online presence and partnerships with websites such as Just Eat and Hungry House. 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:
Beko Stand Up Fridge

Large Chest Freezer x 2

Stainless Steel Double Sink

Washing Machine

Chipper

Rumbler

Cooker

Drinks Fridge

4 Pan Range

Bain Marie

Microwave x 3

2 x Under Counter Fridge

Under Counter Freezer
Trading hours:
Mon - 11.30 - 2pm Tue - 11.30 - 2pm Wed - 11.30 - 2pm Thur - 11.30 - 2pm / 4pm - 7pm Fri - 11.30 - 2pm / 4pm - 7pm Sat - 11.30 - 2pm Sun - Closed
Tenure:
Leasehold, Freehold
Location Details:
Horwich
Leasehold Term:
£230 Per Week
Listed by:
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