NORFOLK, POPULAR RESORT TOWN. HIGHLY PROFITABLE FISH & CHIP/GRILL RESTAURANT AND TAKEAWAY WITH DELIVERIES, TASTEFULLY STYLED AND WELL EQUIPPED, PRIME SEAFRONT LOCATION AMONGST USUAL SEASIDE ATTRACTIONS, LARGE FULLY DETACHED PREMISES OFFERED WITH NEW LEASE, HIGH TURNOVER WITH GOOD AUDITED ACCOUNTS AVAILABLE.

TAKINGS: NET AUDITED SALES OF £684,500 for year ended 31st October 2023 OVER 42 WEEKS TRADING HAVING PROFITS IN THE REGION OF £166,000. Peaking up to £60,000 weekly during height of very busy season and could do more with later openings and is steady the rest of the year. The trade is mostly restaurant with the balance takeaway and deliveries.

TENURE: The Seller will grant a new 20 years Lease with reviews every 4 years at a initial rent of £50,000 per annum for this top seafront premises that’s surrounded by usual attractions.

TRADING HOURS: Trading about 42 weeks annually. Monday through to Sunday, 11.30am to 9/10.00pm, but shorter hours in winter.

ACCOMMODATION: No accommodation is included in the sale.

BUSINESS PREMISES: Very prominent fully detached premises having some outside seating under awnings, leading onto a imposing exterior that’s double fronted with bi-folding doors and twin wide central doors plus illuminated signage. The well presented air conditioned licensed restaurant accommodates about 80 covers a mostly wooden table/chairs, being tastefully styled with wooden flooring, part tiled walls, hanging & downlighters and attractive well fitted/equipped bar area. The separate takeaway section is fronted by a full width service counter having a lit menu display above, encloses the 4 pan ‘Florigo’ island range that continues through to a washing up area which has non slip flooring and stainless steel clad wall covering. There is a separate space housing the walk in fridge & freezer and fish preparation area plus separate potato works with access for deliveries.
A FIRST CLASS WELL APPOINTED UNIT WHICH MUST BE INSPECTED TO FULLY APPRECIATE.

EQUIPMENT: Good inventory of trade equipment to include a 4 pan ‘Florigo’ island range, 2 ‘Epos’ tills, stainless steel fish keeper, dish washer, 2 salamander grills, small freezer, 2 glass fronted drink cabinets, triple door under fridge, grill, walk in fridge & freezer, chipper and 56lb peeler plus usual items associated to the trade.

TRADING POSITION: Fantastic prime seafront location within popular resort town on the east coast in a prominent position facing the long sandy beach, visited by millions of day trippers/holiday makers every year due to it’s enormous range of attractions to include amusement arcades, rides, pier, museum etc. ESTABLISHED PROMINENT FULLY DETACHED SEAFRONT POSITION THAT MUST BE VIEWED, YOU WILL NOT BE DISAPPOINTED.

SPECIAL REMARKS: A fine opportunity to purchase a highly turnover business that is showing excellent annual profits in the region of £166,000 for year ended 31st October 2023 over 42 weeks trading. The shop was established by the Seller in 2014 and is in good order throughout, also having the benefit of a new Lease and is in a prime seafront location which be hard to better.
IDEAL PURCHASE FOR CAPABLE OPERATOR TO TAKE FORWARD.

PRICE: £325,000 LEASEHOLD

PERSONALLY INSPECTED BY SOLE SELLING AGENTS