SOUTH WALES, GLAMORGAN, EXCEPTIONAL COMPANY OWNED AND MANAGEMENT CONTROLED LONG ESTABLISHED HIGH TURNOVER FISH & CHIPS RESTAURANT & TAKEAWAY, FITTED & EQUIPPED TO THE HIGHEST OF STANDARDS AND LOCATED IN A MOST MONOPOLISTIC & UNCHALLENGED SOUGHT AFTER COASTAL MAJOR TOWN.

TAKINGS: We understand this exceptional Fish & Chips Restaurant & Takeaway produces Gross Yearly Sales in the region of £730,000 and/or about £14,500 to £15,000 per week and further understand weekly takings can usually double during peak trading Summer Season. Business completely controlled and run under Management & Staff although in our opinion, new fresh enthusiastic owner run hands could see the present high turnover increase substantially. Excellent Profitable high returns and all Audited within the Company Accounts. EBITDA estimated in the region of some £250,000 per annum.

TENURE: We understand the existing Lease is part of a Property Company and is offering an existing ( FR&I ) Underlease which was an original Term of 25 Years from the 1st June 2020 and with valuable 5 yearly Rent Reviews. Current rent is £40,000 p.a. with next review until June 2025. The said Lease is fully protected under the Landlords & Tenants Act of 1954.

TRADING HOURS: We understand the business trades throughout the year on a 7 day bases with opening hours from 11:30 am to 9:30 pm. During the Summer Season, this Chippy could easily trade many more hours due to the exceptional Trading Location which genuinely needs to be seen to fully appreciate the magnificent coast views and in particular all the extremely colourful adjoining properties.

ACCOMMODATION: This is a very substantial Fish & Chip Shop with both Takeaway & Restaurant facilities. There is No Accommodation included within the said Sub-Lease.

BUSINESS PREMISES: This is a most uniquely Fitted & Equipped Fish & Chip Business incorporating a very busy Takeaway plus Two Restaurant facilities which can easily accommodate up to some 100 customers during peak trading times. Only by having a full inspection of this amazing Fish & Chip Shop could you possibly appreciate what’s on offer. We would refer you to the attached Photographs which depict just how busy this Chippy is during the Season.

EQUIPMENT: We understand virtually all items of Trade Equipment are in virtually as new condition and headed by the newly installed Fish Frying Range which cost in the region of £100,000 alone. Excellent array of many other Trade Items and Fixtures & Fittings. Full Inventory will be supplied upon request. Rosen’s have not inspected any Equipment within this business so are unable to comment on their working condition, although understand many item are in good working condition and regularly serviced.

TRADING POSITION: Located within the heart of this extremely popular & sought-after Town of South Wales, being directly on the main Coastal Road and Bustling main Esplanade overlooking the Beach. Situated about 8 miles from Cardiff and 15 miles from Newport. The business has a steady trading pattern throughout the year, however as you will see from the attached photographs that the location is hugely visited by 10’s of 1000 of visitors and Holiday Makers. You will also note the amount of parking available throughout.

SPECIAL REMARKS: A ‘rare and exciting’ opportunity to acquire a highly successful, very profitable, and easily managed popular Fish & Chips Restaurant with a market leading take-away, a unique location and trading format unequalled within this Sought-After Coastal Town. Seated inside 34/40, outside 58/60. All electric Business with No Gas. Full extraction/filtration system (advised circa 99.9 clean air)/Air-conditioned, with CCTV camera and sound/music systems. .

PRICE: £550,000 LEASEHOLD

PERSONALLY INSPECTED BY SOLE SELLING AGENTS