Summary
- Asking price:
-
£350,000
- Sales revenue:
- £416,000
- Net profit:
- Available on request
- Employees:
- The shop employs 3 full time members of staff including the vendor and 4 part time members of staff.
Business description
We are pleased to have been instructed to offer for sale this extremely well established fish and chip shop.
The business, which was founded by our vendor over 25 years ago, is now being reluctantly offered to the market to enable him to semi retire and spend more time with his family.
The shop offers all the usual services. the equipment includes:
• 6 chip fryers
• 1 fish fryer
• 2 pressure fryers
• Large counter unit
• Large hot food display unit
• Ice cream freezer
• Ice cream cone machine
• 1 single and 1 double drinks chillers
• 2 chest freezers
• 1 upright freezer
• 1 upright fridge
• chipper
• peeler
• walk in freezer
ref:8680RG
Property information
- Property:
- Leasehold
- Lease terms:
- TENURE: Leasehold
Original lease: 25 years
Remaining lease: 15 years
Review every: 5 years
Rent: £25,000 P.A.
We are advised that the annual business rates are currently: £3,600
- Living accommodation:
- Highly visible corner plot ground floor lock up.
Ground Floor
? Centre opening floor with good bright entrance into shop
? 8 seats for eating in
? Attractive serving counter which runs the full width of the shop
? Hot food display to rear of counter together with cold drinks chillers and ice cream dispenser and freezer
? Other freezers, chips and fish fryers and pressure fryers to the rear together with stainless steel sink and wash basin
? Cloakroom and wc
? Rear chip prep room includes peeler, chipper, fridge and large walk in freezer
? Rear door to car park and side street
- Location:
- Our client occupies a prime and highly visible location on a busy main road, which is predominately retail based.
The surrounding area is however, mainly residential with a very high percentage of properties being occupies by students, who attend nearby Thames Valley University which is only a 2 minute walk from the shop.
The shop has allocated space for staff and there are plenty of on street parking very nearby. Due to the proximity of the university there is extremely high level of footfall.
Other information
- Expansion potential:
- Our vendor clearly has a successful fish and chip shop but believes there is still scope to expand turnover and profits further by:
1. Extending the range of the menu to include kebabs, pizza and hot drinks
2. Offering a home delivery service
3. Extending the opening hours at weekends
- Trading hours:
- Mon –Sun: 11am – 1pm
- Financing available:
- Please let us know if you require finance for the purchase of a business.
- Related documents:
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