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Fish And Chip Takeaway Business For Sale

Isle of Wight, UK
Asking Price:
£450,000
Turnover:
Available on request
Net Profit:
Available on request

Rare opportunity, due to our client's retirement, to acquire a well establish and successful Fish & Chip shop in stunning location in the South of the Isle of Wight
Immaculately presented 3 bedroom owners' accommodation with substantial decked garden
Fully equipped Fish & Chip shop benefitting from a strong roadside presence
Offers are invited in the region of £450,000 for the freehold building, business goodwill, fixtures and fittings.

Property Information

Property:

Freehold

Living Accommodation:

Substantial immaculately presented 3 bedroom family home. The house has its own separate entrance along with garage and significant outdoor decked area which takes full advantage of the panoramic sea views.

Location:

Located in a stunning position with panoramic sea views. Benefits from being the only fish and chip shop in this part of the town. In recent years this highly popular seaside town with many attractions has benefitted from a significant increase in tourism which is unlikely to change in the foreseeable future

Premises Details:

For sale due to our client's retirement is a Fish and Chip Shop business and substantial immaculately presented 3 bedroom family home. The house has its own separate entrance along with garage and significant outdoor decked area which takes full advantage of the panoramic sea views. The Fish and Chip shop is situated directly on the main road and is supported by very well maintained basement, wash & prep and refrigeration area. The current owners have been in the premises for circa 12 yrs and are selling due to retirement. A large amount of work including wiring, plumbing and decorating, was carried out on the property when they purchased the building. The flat-roof section of the building has been replaced very recently. We are awaiting the result of a commissioned EPC

Business Operation

Expansion Potential:

The business has not opened for long hours for the past few years. The current owners have stuck to shorter opening hours deliberately in order to keep the turnover below the VAT threshold and currently trade from 5pm to 8pm excluding Mondays. Thus the working week is currently circa 15 hrs. The popularity of this premises is clear and there is definite custom to justify significantly longer opening hours, should any prospective buyer be interested in this

Reasons for selling:

Retirement

Contact Gully Howard

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