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Fish And Chip Shop In Bury St Edmunds For Sale

Bury St Edmunds, Suffolk, UK
Asking Price:
£200K - £500K
Turnover:
£200K - £500K
Net Profit:
Undisclosed

Rare business opportunity to acquire a popular and profitable Fish and Chip shop located in a desirable West Suffolk market town within easy reach of Newmarket and Cambridge and all major road networks. This substantial property enjoys a prominent town centre trading position, situated only 50 metres from the main pedestrian thoroughfare linking the award-winning Arc shopping centre to the boutique shops of the historic town centre. Tesco Express is situated opposite and a busy bus route stops just 10 metres from the premises. Presents opportunity to increase sales through extra opening hours and expansion of menu.

A highly visible and elegant double glazed frontage attracts all year round, high volume passing trade (both regular local and visitor). The shop provides a smart takeaway area with the benefit of a 32 cover customer dining facilities.

Property Information

Property:

Leasehold

Leasehold Rent:

£22,000 per annum

Location:

Prominent premises, having elegant fully glazed frontage beneath a smart fascia with awnings and outdoor bench seating. This large premises is split into two areas:-

Takeaway Area

To the right is the takeaway service counter with a large range and window seating to the front.

Restaurant Area

To the left is a 32 seat restaurant with cloakroom facilities beyond.

There is also a fully fitted and equipped kitchen to the rear with separate potato works, large storage and other preparation areas.

Premises Details:

TENURE:
Leasehold

LEASE TERMS:
18 years remaining on the original 25 year lease. Current rent payable £22,000 per annum.

BUSINESS RATES:
St. Edmundsbury District Council (01284 763 233)
Rate payable £8,000 per annum

SERVICES:
Mains water, drainage and electricity are connected. Note: none of the services have been tested by the agent.

Business Operation

Expansion Potential:

The current owner operates a short traditional English menu, which could be easily expanded. Further opportunity exists to increase sales through extra opening hours.

Reasons for selling:

Owner Retirement

Other Information

Related Documents:
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