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Central Chester Trading Position
Forecast Annual Turnover £80,000
Turnover Earned Solely From Takeaway Trade
Double Garage Included (Fits Two Cars)
Established 2020Retirement Sale
Newly Fitted January 2020
Beautifully Presented Throughout
Renewable Long Lease
Potential To Introduce Delivery
REF 7398 – Leasehold Ice Cream Parlour
Blacks Brokers are pleased to bring to the market this newly fitted leasehold ice cream parlour located in Chester, Cheshire.
At The River was established by our client in this affluent and bustling area of Chester in 2020. The business was trading for two months only before closing due to National Lockdown in 2020. It was becoming a very well known business in this area and had a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position opposite a popular park. Our client had ensured the business was building an excellent reputation and superb reviews were noted online.
At The River occupies a prominent main road trading position within a parade of shops and offices close to residential properties and Edgar’s Field Park. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as The Co-op. There are also a number of schools nearby as well as The University of Chester, The River Dee and Chester Castle. The area is well linked by the A483 with very strong public transport links and parking is available in the immediate area.
REASON FOR SALE
The business was ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The renewable lease is a four year lease which is provided by Chester Council and this runs at a cost of £236 per week.
The business was trading well before lockdown in 2020 and in the two months of trade, the business generated £10,000 in takings solely from takeaway hatch service. Further financial information is available upon request.
The business has a rateable value of £3,000. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This newly established business occupies an enviable trading position in a highly sought after area of Chester close to a number of attractions. Our client worked hard to secure a strong customer base and exceptional reputation. There is plenty of scope to develop the business further simply be reopening, a new owner could expand the product lines and maybe offer a local delivery service – this is in high demand at the moment due to local restrictions. A new owner could also benefit from trading at "pop up" markets locally as well as creating a new website, social media presence and online marketing strategy. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
MON - SUN: 11:00 - 18:30
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