Mailbox Estates welcomes to the market a traditional Fish and Chip Shop.
Currently Closed, since September 2022, this opportunity suits an experienced operator or an entrepreneur who is looking to increase sales.
The Opportunity:
* Historically weekly turnover of £6,500 - £7,000
* Fitted Takeaway business
* Nill Business Rates
* Ability to start trading immediately
* EPC rating C
Reason For Sale:
* Established for more than 10 years, our client is now offering the business for sale due to other commitments.
Location:
* The store is located on a busy street in a residential area and benefits from high levels of footfall and passing trade.
* Bold signage is displayed above the width of the shop with an entrance door and large glass window that floods the store with natural light.
Internal:
* Ground floor - Shop area of approximately 161 sq M (1732 Sq.ft)
* Well-fitted servery area, kitchen area, prep room, generous storage rooms.
* Staff WC to the rear.
External:
* Roadside parking.
* Delivery access to the rear for loading/unloading.
Weekly Turnover
* We have been advised by our client that the weekly turnover was £6,500 on average.
Tenure:
* The site is offered by way of assignment of the existing lease with 3 years remaining and is renewable.
* A new lease of 15 - 20 years may be granted.
Trading Hours:
* The previous trading hours were
Monday to Saturday 12.00 pm - 11.00 pm
Sunday 4.00 pm - 10.00 pm
Staff:
* The business is closed so there are no staff.
Accommodation:
* The store is being sold as a lock-up unit so there is no accommodation.
Rent:
* The rent per annum is £20,000.
* Annual service charge of £2,200.
Fixtures and Fittings:
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
* 2 Pan Middleton Range
* Stainless Steel Salad Bar Chiller
* Double-door Fridge
* Chest Freezer
* Bold Peeler
Rates:
* There are no business rates.
Legal costs:
* Each party is to be responsible for their legal costs in connection with the sale.
* Landlord's legal fees are the buyer's and seller's responsibility.
* Landlord legal fees are the buyer's responsibility if a new lease is required.
Trading Information:
* We receive previous trading history to verify the weekly turnover of £6,500. This will be made available to seriously interested parties after they have viewed the business.
Regulatory:
* A5 Licence
Viewing arrangements:
* Mailbox Estates highly advise early viewing to avoid disappointment.
DEPOSIT:
* Successful Applicants will be required to pay a non-refundable deposit.
Mailbox Estates highly advise early viewing to avoid disappointment.
Tenure: Leasehold (3 years)
Remaining Lease 3 1/5 years remaining
once ended a new lease can be granted for 15 or 20 years
