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Established Fish & Chip Takeaway In Kirkintilloch For Sale

Kirkintilloch, East Dunbartonshire, UK
Asking Price:
£125,000
Turnover:
£390,000
Net Profit:
Undisclosed

Fish & Chips at Michael’s
69 Merkland Drive, Kirkintilloch, G66 3SJ

• Long established fish & chip takeaway
• Current owner been in 45 years. Retirement sale
• Situated within busy retail precinct with large car park
• Good mix of local & national retailers including Ladbrokes, Bannerman’s Pharmacy &
Scotmid
• Current turnover circa £7000-£8000 per week gross
• Potential to increase product range, i.e. pizzas, burgers, kebabs, ice creams etc
• Zero rates payable


THE BUSINESS
Our clients have owned the business for approximately 45 years, so the business is long established in the area and is something of a local institution.

The business enjoys a good reputation and has a loyal and regular customer base derived mainly from the local residents of Kirkintilloch and the surrounding towns and villages. The business also benefits from the high levels of footfall and passing traffic visiting the shopping centre.

The business sells a good selection of traditional fish & chip shop products such as fish/chicken/pie/haggis/pudding suppers etc as well as a selection of soft drinks.

It is felt there is huge potential for a new owner to introduce new product lines such as pizzas, pastas, burgers, kebabs etc, as well as ice creams.

Property Information

Property:

Leasehold

Lease Terms:

The subjects are currently held on a new 25-year lease from 15th March 2017, expiring on 14th March 2042, with a current passing rental of £15,000 per annum, subject to 5-yearly reviews. There is also a service charge which we have been advised is circa £700 per annum.

Leasehold Rent:

£15,000 per annum

Location:

The subjects benefit from an enviable and prominent trading position within the Merkland Drive Shopping Precinct, which is a popular neighbourhood shopping center located within the thriving residential area of Merkland on the outskirts of Kirkintilloch town centre in East Dunbartonshire, Scotland.

The shopping centre is positioned within a densely populated residential area, and a good tenant mix ensures high levels of footfall throughout the day and evening. Surrounding operators include Scotmid, Ladbrokes, Bannerman’s Pharmacy, The Eye Tailor, Peter’s Bakers, Beauty in the Square, Lucky House Chinese takeout, and the Chase Inn, to name a few.

Kirkintilloch itself is a popular commuter town, situated approximately 9 miles east of Glasgow, which has a resident population of approximately 21,000. However, it has a larger catchment area with a number of surrounding towns and villages, including Lenzie, Milton of Campsie, Torrance, and Auchinloch.

Kirkintilloch has excellent transport links, being positioned close to junction 3 of the M80 motorway, which connects with the major road networks, including the M73 and the M8 to Glasgow and Edinburgh. Regular bus services are also available from Kirkintilloch town centre.

Premises Details:

The subjects are accessed via a doorway positioned to the right-hand side of the large display frontage, with prominent signage above. The subjects benefit from steel security shutters and a cctv system.

The subjects have been well designed and fitted, with a large counter/servery running down the left-hand side of the premises and incorporating a 4-pan Preston & Thomas frying range. To the rear of the counter, there are hanging blackboard menus, retail shelving, and a selection of equipment, including a till system, a display drink fridge, an additional fridge, and a bain marie.

ANCILLARY AREAS
The subjects benefit from a good-sized back shop area which provides ample storage and preparation space where there are stainless steel workbenches, fridges & freezers, double sink, microwave a mixer, etc. There is a separate potato preparation and storage area with chip basin and peeler & chipper machines. There is a staff toilet, as well as a back entrance which leads to a communal yard & bin store, as well as providing access to the basement storage area, which is accessed from the rear of the property.

Size in square feet:
679 SqFt

Business Operation

Trading hours:

Monday-Friday: 11:30am-1:30pm then 4pm-9:30pm (9pm Mon)
Saturday/Sunday: 4pm-9:30pm

Other Information

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