Fish and Chip Shop in Norfolk

  • Leasehold Price: £465,000
Norwich, Norfolk, England

Description

NORFOLK, LONG ESTABLISHED HIGH TURNOVER ALL TAKEAWAY FISH & CHIP SHOP TRADING VERY LIMITED HOURS, PRODUCING AVERAGE ALL YEAR ROUND TRADING OF WELL OVER £16,000 PER WEEK. HELD ON LONG LEASE WITH ADDITIONAL RENT INCOME AND VIRTUALLY UNDER COMPLETE MANAGEMENT & STAFF CONTROL. SAME ENGLISH OWNERSHIP NEARLY 25 YEARS.

TAKINGS: Last 9 Months trading has produced average weekly Gross Takings in the region of £16,500 per week which includes quietest times of the year and is expected to reach up to £20,000 per week this Summer of 2024. Virtually Management & Staff run trading just 6 days a week and closing 8:00 pm evenings. No telling how high Takings could reach with the introduction of sought after delivery service and further introduction of normal trading hours.

TENURE: We understand a very long & valuable 30 year Lease commenced in 2012 with present very realistic rent of just £23,500 per annum for the Business Premises & 2 Bedroom Accommodation above which presently produces a rent income of £650 per month.

TRADING HOURS: Trading Monday to Saturday from 11:45 am to 1:45 pm and 4:30 pm to 8:00 pm latest. The potential for Later Normal Opening Hours and Sunday Trading is unlimited.

ACCOMMODATION: Above this business is a fully self contained 2 bedroom centrally heated and double glazed accommodation with lounge, kitchen and bathroom. Presently rented out producing a handsome rent income of £650 per month. We understand could be made vacant if required for own use, subject to the required tenancy agreement in place.

BUSINESS PREMISES: Well established prominent Purpose Built Fish & Chip Shop Premises have fully glazed wide shop frontage under canopy with full width illuminated fascia above. Very spacious sales shop has fully tiled walls & floor. Equipped headed with expensive 5 pan Hewigo counter frying range and further complimented by an array of many other quality items of Equipment. Stock room and a well fitted and equipped kitchen adjoins with fitted wall units, non slip floor throughout. Adjacent is a large purpose built preparation area with tiled walls and easy to clean cladded wall coverings. Separate freezer & fridge room adjoins. Double doors to rear yard housing 2 storage sheds and access path for deliveries.

EQUIPMENT: 4 pan & single pan Hewigo range, digital till, 4 pot bain marie, twin door stainless steel fish keeper, 2 fridges, upright freezer, baked potato machine, double under counter fridge, 2 microwave ovens, pressure fryer, 6 chest freezers, chipper and 56lb peeler. (The above items have not been tested).

TRADING POSITION: Excellent established trading position set back from main through road on local parade of 7 shops having the benefit of shared free customer parking directly in front, within a densely populated mixed residential community with a good catchment area surrounding which generates regular year round trading.

SPECIAL REMARKS: Same English Family established this Chippy nearly 25 years ago. Sadly due to unforeseen personal circumstances, now reluctantly offered for sale. There is without doubt the most exceptional future growth potential for hands on experienced ownership. Presently operated by Management & Staff control. Although present Gross Weekly Takings are in the region of about £16,500 per week which is amazing in any event, with introduction of normal opening hours and sought after Delivery service we see no reason why by next year weekly Gross Takings could settle in the region of £25,000 per week, and Rosen’s rarely make this statement.

PRICE: £465,000 LEASEHOLD

PERSONALLY INSPECTED BY SOLE SELLING AGENTS

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

Listed By:

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