Asking price: £120,000

Sales revenue: £182,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales have been instructed to offer for sale this very well established fish and chip shop with potential for further growth and an unusually high level of family living accommodation.

Established as a fish and chip shop many years ago and in the hands of the current vendor for 11 years, it is now reluctantly offered for sale due to family commitments.

The business is staffed by a husband and wife team plus 1 part time member of staff and is extremely well equipped for purpose including the following:

- 3 pan range and warming cabinet
- 3 kebab heaters
- 3 and 4 pot bain marie
- Drinks chiller
- Fish fridge
- 2 upright fridges
- 2 upright freezers
- 1 chest freezer
- 6 ring gas burner
- 1 tumbler
- 2 chippers
- Stainless steel tables and sinks

A range of products normally associated with fish and chip shops is available for purchase, including fish and chips, pies, burgers and kebabs.

The business also benefits from a unusually high level of family living accommodation which is decorated to a very high standard and consists of a two storey apartment with 3 double bedrooms.

ref:8084NG

Trading hours: 6 Days a Week

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 22 years Remaining lease: 22 years Review every: 5 years (with a £500 increase per annum until the first review) Rent: £14,750 per annum We are advised that the annual business rates are currently: £2700

Living accomodation
BUSINESS PREMISES A good sized main sales area plus self contained 2 storey family living accommodation consisting of the following: Ground Floor - Glass frontage leading into spacious area to front of servery, tiled throughout - Archway to rear of servery leading into preparation and storage area leading through into - Chipping area - w/c to rear - Doorway into rear yard First Floor - Steps leading to patio area and front door of family living accommodation leading into hallway, decorated to a very high standard throughout - New fitted kitchen/diner - Family lounge, with French doors leading onto balconey - Stairs to second floor Second Floor - Landing with fitted wardrobes - First double bedroom - Further large double bedroom with built in wardrobe - Third large double bedroom - Family bathroom External - Patio area to external of first floor - Yard to external of ground floor with access via large car park - External brick built self contained shed - Pedestrianised area to front of premises - Paved to side of premises

Location
The business is ideally located within a busy shopping parade in the centre of this large and highly sought after Nottinghamshire village.

There are high volumes of passing footfall and excellent transport links with direct access into the city of Nottingham, which is approximately 4 miles away and also excellent parking facilities with a large free shopper’s car park to the rear of the premises and a further car park at the far end of the shopping parade.

Expansion potential
Although well established, there is still excellent potential for further growth and expansion including extending the range of goods on offer to perhaps include fried chicken and pizza. Creating an eat in breakfast bar style area within the spacious main shop area to the front and also the introduction of delivery sales, which would no doubt prove very popular within this large village.

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