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Fish And Chip Shop With Accommodation For Sale

Mansfield, Nottinghamshire, UK
Freehold Price:
£295,000 Furniture / Fixtures included
Lease Asking Price:
£99,500 Furniture / Fixtures included
Sales Revenue:
£200K - £500K
Cash Flow:
£50K - £100K

In the same family hands for almost 32 years.

Located within the largest of a hugely populated cluster of villages in a lovely area, within 2miles of beautiful, world famous Sherwood Forest is this Fish and chips, kebabs and burger business.

Currently achieving very consistent sales of between £4500-£5000 p/w with only 30hrs of trading over 5 days.

Huge potential for growth just by increasing the trading hours, plus the potential addition of pizza or other items to the menu to rival local competitors.

The large, detached property comprises of large shop sales area with 3pan Hopkins counter frying range, 2 Archway kebab machines Garland Chargrill, salad prep fridge, 9 pot lincat Bains Marie, preparation kitchen, store room, a further office/lounge/store room, plus an additional ground floor kitchen that could easily be equipped to provide other cuisine, indian/chinese/pizza etc...

To the 1st floor there are currently 3 bedrooms, a living area and a large family bathroom. Bathroom could easily be converted to accommodate a kitchen with the smallest bedroom becoming a bathroom to provide a 2 bedroom, self contained flat with its own, separate access and achievable rental income of around £450 a month.

Outside there is a very large rear yard with a number of brick built outbuildings. One providing potato prep and storage area with Bold Peeler and Chipper, staff w/c and former coal house. plus a separate building currently providing additional frozen foods freezer starage and spare catering equipment storage.

There is the possibility of demolition of some rear unused outbuildings to potentially build an addition detached dwelling on the large plot, of course, subject to the necessary planning consent.

Available as both Leasehold or Freehold
Freehold: £295,000
Leasehold: £99,500 with rent of £12500 per anum

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

Terms to be agreed

Leasehold Rent:

£12,500 per annum

Location:

Situated next to a large, busy free car park that serves the Co-Op as well as other local business.

Premises Details:

Large detached premises. Potential for further development on land subject to planning.

Energy Performance Rating:
D

Business Operation

Competition / Market:

2 other fish and chip shops in the local area, 1 of which is does very well, especially with pizza sales, which offers a new owner the potential to compete by introducing pizzas and massively increase turnover.

Reasons for selling:

Poor health forces reluctant sale.

Other Information

Leasehold asking price:
£99,500 - Furniture / Fixtures included
Business closed / Asset sale:
Yes

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