Overview
Description
Mailbox Estates Present an Opportunity to Acquire a traditional Fish and Chip Shop with high turnover and very low rent.
Serving as a traditional fish and chip shop menu, the business was established over 40 years ago and is very well known locally.
It upholds a Four star hygiene rating and the current turnover is fantastic with scope to increase by opening on Sunday or offering Pizzas.
The Opportunity:
* Weekly turnover of £7,000
* Nill Business Rates
* Option to add Pizzas
* Increase turnover by opening on Sunday
* Low rent of £7,920 per annum
Reason For Sale:
* Established for more than 40 years, and run by our client for over two years, our client is now offering the business for sale due to other commitments.
Location:
* The store sits alongside other complimentary retail businesses including, a pharmacy and a large supermarket and benefits from the footfall.
* Bold signage is displayed above the width of the shop with an entrance door and large glass window that floods the store with natural light.
Internal:
* Ground floor – area of approximately 50 Sq M (538 Sq.ft)
* Internally the shop comprises; well fitted servery area, kitchen area, prep room, generous storage rooms.
* Staff WC to the rear.
External:
* There is customer parking available to the front of the store.
* Delivery access to the rear for loading / unloading.
Weekly Turnover
* We have been advised by our client that the weekly turnover on average is £7,000.
The store is a member of Just Eat and Uber Eats. Delivery sales are approximately £1,000 per week.
Price
* £129,950 OIRO SAV
Tenure
* The site is offered by way of assignment of the existing lease with 6 years remaining with a renewable lease.
Trading Hours:
* Monday – Friday 12:00pm – 2:00pm 4:00pm to 9:30pm
* Saturday 12:00pm – 9:30pm
* Sunday closed
Staff
* The business is run and managed by the owner with two full and two part time members of staff.
Accommodation
* There is no accommodation available.
Rent:
* The rent per annum is £7,920.
Fixtures and Fittings
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price such as.
* 3 Pan Middleton Range – Newly Fitted in February 2023 ( worth £36,000)
* 4 x Single Archway Kebab
* Stainless Steel Fridge
* Hushky Fridge
* 6 x Pot Bain Marie
* Chest Freezer x 1 double
* Chest Freezer x 1 single
Rates
* We have been advised that there are no business rates payable.
Legal costs
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord’s legal fees are the buyers and sellers responsibility and are to be shared equally.
Trading Information
* Full accounts and trading history will be made available to seriously interested parties after they have viewed the business.
Regulatory
* A5 License
* 4 Food Hygiene Rating
Viewing arrangements:
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT’S STAFF.
DEPOSIT
* Once an Offer has been accepted the successful buyer/s are required to pay a deposit to secure the sale, and is held in protected client account.
Leasehold Terms:
Trading Hours:
Number of Employees:
Support and Training:
Location Details:
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
Website address:
Listed By:
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