Leasehold Fish & Chip shop in Hull For Sale

Business description

A well positioned and hugely popular Fish & Chip shop situated in Hull, North Humberside.
The business has a strong turnover with potential for growth.
Located on Askew Avenue, Hull, Fry Master offers a much sought after trading location with imposing business premises. The business premises are conveniently placed on a busy shop parade set slightly aback from a very busy Hessle Road.

Property information

Property:

Leasehold

Lease terms:

We are instructed to offer the business for sale by way of a leasehold assignment with a 15 year lease available. The lease has three yearly renews, with increases annually reflected by RPI.

Living accommodation:

There is 3 bedroom living accomodation adjoining the business with a spacious living room, bathroom and garden.

Other information

Expansion potential:

There is scope to expand the food range by introducing pizzas and also by having a delivery service.

Competition / Market:

This is a long established and reputable concern that offers terrific scope to develop trade and therefore turnover with ease. Having been established for over 25 years and with the current owner for nearly a year, it is proven to be a successful business. There is absolutely no competition within the immediate area and the business owns a monopoly like status. As well as large numbers of footfall on a daily basis, the business also has large numbers of passing traffic on the busy Hessle Road, with easy access. The business has shown very strong weekly takings over the past few years and is still going strong considering that the business is ran under staff management. Fry Master has a good reputation locally as a high quality provider of fish and chips as well as kebabs and burgers. This allows the business regular and repeat trade from its loyal customers.

Reasons for selling:

Business is too much and is ran by staff.

Financing available:

Intelligent Business Transfer can assist any prospective purchaser in gaining finance for this business.