Freehold or Leasehold Fish & Chip Shop For Sale

Business description

Advent Business Sales is pleased to offer to the market this extremely well established fish and chip shop, which has been trading successfully for the past 60 years. The current vendor has been in ownership for the last 20 years.

The owner is reluctantly selling due to retirement plans.

The business runs on the lines of a traditional fish and chip shop supplying chips, pies, sausages, fish and kebabs but is capable of much more in the hands of a younger person.

It also has two games machines in the shop, which are owned by the vendor and bring in a good income by themselves; these could stay in the shop on a 50/50 profit sharing basis.

In addition to the business there is a 4 bed living accommodation as well as a large back garden, approximately 132ft x 38ft, possible development site?

The vendor staffs the business only.

Stock at cost is approximately £1500.

ref:8813DE

Property information

Property:

Freehold

Lease terms:

TENURE: Freehold or Leasehold
Original lease: 15 years
Remaining lease: 15 years
Review every: 3 years
Rent: £900 per month business and accommodation

We are advised that the annual business rates are currently: £1080

Living accommodation:

Single fronted with door to the right hand. • Two fruit machines in waiting area • A long Stainless steel topped servery is across the shop with a 4 pot dry Bain Marie and till. • cold drinks fridge. • 3 pan fryer, a 4 ring commercial cooker with large oven, a tandoor, a large flame griddle, a single kebab grill and a double pizza oven. There are also two extractor canopies. • Door at the rear of the shop leading to the lobby with a large fridge freezer and food prep area with wash kitchen including burner top, fridges and freezers, work surface and microwave. • Doorway leading into the living area. • 2nd door at the rear of the shop, leading to the back yard area. Within the back yard is an open side passage to the left of the building. • Chip making room with Crypto peeler and chipper • Large storeroom with 2 large chest freezers plus a small fridge • Separate wc • Second large storeroom • At the rear of this covered yard is a doorway into the large back garden. • Living Area • Fitted domestic kitchen and dining room, lounge and stairs to the first floor.

Location:

Our client is located in a densely populated area part way between Burton on Trent and Ashby de la Zouch.
The surrounding area consists of a good mixed stock of residential dwellings, some very new and some late Victorian.
It is close to an infant school, primary school and also a junior school. We noted a reasonable turnover of customers whilst we were at the fish and chip shop, it is obviously well used by the local population.
The area is well served by both the A511 Burton to Ashby then to the A42 (M) and the A444 Burton to Nuneaton A42 (M) and A5.

Other information

Expansion potential:

The business used to provide pizza and Indian cooking, these could be readily resurrected by a younger husband and wife team. The equipment and spaced required is certainly available.

The area most definitely could support such a venture.

Opening hours at present are also very short, these could be dramatically increased with the right team.

Trading hours:

Mon-Sat 5pm-9pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• Sales paticulars