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Leasehold Fish/chip Restaurant/takeaway In Stratford Upon Avon For Sale

Stratford-upon-Avon, Warwickshire, UK
Asking Price:
£169,000 Furniture / Fixtures included
Turnover:
£390,000
Net Profit:
Available on request

Traditional Fish & Chip Restaurant & Takeaway is located in Stratford Upon Avon. It comes with two-bedroom accommodations above. 32 seater restaurant to the rear. Weekly turnover: £7,500 plus.

Veritas Business Sales is privileged to offer to the market this established Fish & Chip Restaurant & Takeaway which is located in the highly desirable town of Stratford Upon Avon.
The business has been established for over 80 years and has been in the careful hands of the current owners for the past 2 years. They are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership, they have continually invested in new equipment along with fixtures and fittings, which are all bought and paid for and included within the sale price, which is a huge plus for a new owner as additional funds will not need to be spent for some time.
The Kingfisher is owner-operated with the help of 1 full time and 3 part-time staff members and has an average weekly turnover of circa £7,500 per week.
Approximately £1,000 per week comes via the online delivery portals Just Eat & Deliveroo, and the remainder comes via the restaurant & takeaway. They serve a fine range of traditional fish & chips, along with, chicken, pies, saveloy, burgers, sides, condiments, and hot & cold drinks.
All food is freshly prepared to order and can be enjoyed in the comfortable (32) seater restaurant or simply taken away. We believe that there is further potential to increase revenue, should you wish, by extending the current opening times and opening on Mondays & Sundays.
The restaurant enjoys a strong reputation within the local community and beyond and, as such, has a high level of regular and repeat business, along with many visiting tourists. This is a superb opportunity to purchase an established business, which is a great base to build upon, and as such, early viewing is highly recommended as this is not to be missed.

Property Information

Property:

Leasehold

Lease Terms:

Term: 20 years
Remaining: 18 years
Rent: £21,500 pa
Business rates: zero
Council tax: £1,200 pa

Living Accommodation:

First Floor
Kitchen/diner with combination boiler (Vaillant). Lounge. Family bathroom with exit door to roof terrace with decking and outbuilding with double bedroom/storage.

Second Floor
Double bedroom with fitted wardrobes and built in storage cupboard. Double bedroom with fitted wardrobes and built in storage cupboard. Landing with storage area and ceiling hatch to loft space.
The accommodation benefits from gas fired central heating and located within a conservation area.

Location:

This respected Fish & Chip Restaurant & Takeaway is located in highly desirable market town of Stratford Upon Avon. Positioned within a prominent and highly visible trading position on Ely Street which is just off the main high street. This thriving historic town is the birthplace of William Shakespeare, steeped in culture and history. Set in the beautiful rural Warwickshire countryside, on the banks of the river Avon, it is one of the most important tourist destinations in the UK, receiving over 4.9 million visitors per annum.

Premises Details:

Ground Floor
Takeaway comprising: 3 pan range (Frank Ford) with chip box, scraps box, 3 x warming cabinets, serve over sales counter, EPOS till, upright cold drinks chiller, 2 pot wet bain-marie, 6 menu boards, 2 x wall mounted shelves, griddle (Nisbets).
Preparation kitchen with stainless steel sink drainer, stainless steel prepping table with commercial tin opener, fat filtration machine (Aries 3), stainless steel wash basin, stainless steel sink, chipping area with potato chipper (Bold), potato peeler (Bold), stainless steel potato soak tub, upright fridge (Lowe), upright freezer (Polar), stainless steel freezer (Polar), fish fridge (Osborne), microwave (Panasonic), 2 x plastic chip bins and wall mounted paper towel dispenser, various chopping boards, kitchen utensils, trays and filleting knives.
Servery with plate warmer (Lincat), 4 slice toaster, hot water boiler (Marco), stainless steel work top with storage shelves below, cash register, various chopping boards, kitchen utensils, trays, filleting knives and door leading to the accommodation above. Potato storeroom. Restaurant with table & chairs to cover (32), side entrance door with hallway and ceiling hatch to loft storage space. Gents W/C with wash basin, wall mounted mirror and wall mounted hand dryer. Ladies W/C with wash basin wall mounted mirror and wall mounted hand dryer.

Basement
Storeroom with storage shelving units and chest freezer.

Energy Performance Rating:
C

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday & Sunday – closed
Tuesday – Thursday – 12:00 – 2:00pm – 5.00pm – 9.00pm
Friday – 12:00 – 2:00pm – 5.00pm – 9.30pm
Saturday – 12:00 – 2:00pm – 5.00pm – 9.00pm

Years established:
80 years

Other Information

Inventory / Stock value:
£1,000