An exceptional opportunity to acquire a beautifully fitted Fish and Chip takeaway and Fish restaurant occupying a prime High Street position in the centre of a beautiful town in the Scottish Highlands.
The business was established in its current format approximately two years ago and has been fitted throughout to an exceptionally high standard. It has quickly developed a strong reputation, benefiting from substantial tourist trade as well as year-round local custom. The restaurant provides seating for approximately 50 customers, complemented by a busy takeaway operation with additional outdoor seating area to the front.
Annual Gross turnover is approximately £1,500,000, making average weekly takings in the region of £28,846. The business is highly seasonal, with peak weeks reaching approximately £57,000 and quieter periods around £12,500. Adjusted net profit is stated at approximately £150,000. The business currently trades seven days a week from 12 noon until 9pm, with shorter hours operated during the winter months.
The premises benefit from an excellent inventory of modern equipment, all of which is only around two years old. Equipment includes a 4-pan KFE counter frying range, oven, griddle, microwave, additional fryers, hot cupboard, potato peeler and chipper, fish fridge, drinks and display refrigeration, stainless-steel preparation areas, extraction, CCTV, alarm and EPOS system.
The property also provides extensive preparation and storage areas, staff facilities, office accommodation, basement and loft storage, together with rear access. The upper floor is currently used as an office but has potential to be converted into a two-bedroom flat, subject to the necessary planning consents, providing an interesting additional opportunity for a purchaser.
The business occupies a prominent High Street location in a gateway town for Ben Nevis and other local attractions, benefiting from high levels of footfall and the town’s considerable tourist trade. There is further potential to develop online ordering and increased owner involvement.
The premises are held on a 15-year FRI lease from 2024, with approximately 13 years remaining, at a current rent of £40,000 per annum. The lease is renewable and includes an option to purchase the freehold in 2028. Business rates are approximately £18,000 per annum.
A 2 bedroom cottage is also available to rent by separate negotiation a short drive away should it be required.
A genuinely impressive, high-turnover fish and chip business in one of Scotland’s best-known tourist destinations. The owner is selling due to other business commitments and an early viewing is strongly recommended.
- Asking Price:
- £349,950
- Turnover:
- £1M - £5M
- Net Profit:
- £100K - £250K
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
13 years left (renewable) Option to buy Freehold in 2028.
- Leasehold Rent:
-
£40,000 per annum
- Living Accommodation:
-
2nd floor currently used as an office but could be converted to a 2-bed flat subject to planning
- Location:
-
Located in the centre of this historic town, hugely popular with tourists.
- Premises Details:
-
Exceptionally fitted, all equipment less than 2 years old.
Business Operation
- Management type:
- This business is owner operated.
- Trading hours:
-
12noon - 9pm 7 days a week
- Years established:
- 2
