Fish And Chip Shop In Lincolnshire For Sale

Lincolnshire, UK

Asking Price:: £155,000

Turnover:: Available on request

Net Profit:: Available on request

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LINCOLNSHIRE, MAJOR TOWN. BOLD CORNER PURPOSE BUILT ALL TAKEAWAY FISH & CHIP SHOP WITH HIGH WEEKLY TAKINGS, LIMITED TRADING HOURS AND BASIC MENU, RENT INCOME FROM 2 BEDROOM ACCOMMODATION ABOVE.,GENUINE RETIREMENT SALE AFTER 17 YEARS OWNERSHIP, AMAZING FUTURE POTENTIAL FOR YOUNGER HANDS AND INTRODUCTION OF LONGER OPENING HOURS.

TENURE:
The Lease expires shortly, but there is a option to renew and we understand the initial rent will be in the region of £14,000 per annum for shop and accommodation above which is currently let and producing annually £6,480. ( Can be vacated if required for own use ).

TRADING FIGURES:
Vendor informs us that weekly takings are steady throughout the year, producing sales in the region of £6,500/7,000 per week, achieved from profitable all takeaway custom with no deliveries, operating on very limited trading hours and very basic Fish & Chips menu.

TRADE EQUIPMENT:
Fully fitted & equipped to cater for the Fish & Chip trade and headed by 3 pan Preston & Thomas counter fish frying range. Additional items comprise of 2 stainless steel fridges, 2 chest deep freezers, 2 microwave ovens, glass door Coke drinks fridge, 2 domestic fridges, 56lb peeler and chipper. Full array of quality Trade utensils and fixtures and fittings.

SPECIAL REMARKS:
Having successfully traded at this business for some 17 years, the present English owners have finally decided to retire and hopefully sell their business on to more younger and energetic hands who have the additional advantage of increasing the present sales considerably, especially with some changes taking place and introduction of longer normal trading hours. REDUCED TO ENCOURAGE A QUICK SALE.

PERSONALLY INSPECTED BY SOLE SELLING AGENTS

Property Information

Property:: Leasehold

Living Accommodation:: We understand the 2 Bedroom fully self-contained accommodation is presently occupied, producing a rent income of £6,480 and further understand can be made vacant on a 2 months tenancy notice to vacate. Obviously if not required for own use, the said rent income reduces the overall yearly rent to find of just £7520.

Location:: Situated in the heat of this well known popular Lincolnshire major town, and located on the main shopping area. Easy travelling distances to Grantham ( 20 miles ) and Stamford ( 15 miles ). In addition easy access to both the main A15 and A1 major through routes. Surrounding areas are highly populated in every direction producing regular all year round custom and further captures many outlying villages.

Premises Details:: Very prominent corner purpose built double fronted Fish & Chip Shop with overhead spot lit trading name, side entrance and central door to well laid out sales shop. Very spacious frying area with built in cupboards and shelving. Fully tiled ceramic floor tiling and modern suspended illuminated ceiling throughout. Ideal preparation and working facilities adjoin from frying area and include potatoes works area. Part air conditioning. There is ample storage area plus separate fridge room housing 2 chest deep freezers, plus second fridge room which houses large double door & single door stainless steel upright fish keepers. Property is of an older styled premises but maintained to a very good standard.

Business Operation

Trading hours:: Very limited trading hours over a 6 day period from Monday to Saturday, 12.00 Noon to 2.00 pm and 4.30 pm to 8.30 pm and closing 8.00 pm on Saturdays.