Freehold Fish and Chip Shop with Accommodation
Freehold Fish and Chip Shop trading in a prime location with two studio flats and a hair salon, all let out with a rental income of £24,600 per year.
The store operates as a traditional fish and chip shop offering Fish, Kebabs, savory foods, wraps, naans and Southern Fried Chicken.
It offers an investment opportunity for an owner wishing to own and run a restaurant business or a property investor to lease the premises and the accommodation for guaranteed income.
Reason for sale:
Established for more than 19 years and owned by our client ever since, Mailbox Estates is offering an opportunity to acquire Freehold Fish and Chip Shop with accommodation due to genuine retirement.
The Opportunity
* Rare Freehold detached property in a desirable trading position
* Accommodation included with two flats
* Current owner is happy to offer a handover to ensure continued success.
* Alcohol license and Takeaway license are in place.
* Rental income: £24,600 Per Year.
Location
The property occupies a highly prominent corner trading position on a busy main road off a high street easy roadside parking.
Turnover
* We have been advised by our client that the turnover is £3,300–£4,000 per week.
The business offers delivery service on Just Eat, Deliveroo and Uber Eats.
Staff
* The business is run and managed by the owner, husband and wife team with the help of three part-time members.
Internal:
* Staff Washroom
* Rear access leads to preparation room and the ground-floor accommodation.
Fixtures and Fittings
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price, such as:
* 2 Pan Middleton Frying Range
* 3 x Chest Freezer
* Kuroma Chicken Machine
* Double-steel Stainless Sink
* Stainless Steel Fridge x 2
* Chester Freezer X 2
* 4-channel CCTV
* Stand-up Freezer
* Alcohol Licence
* TV
* 6 Pot Bain Marie
* Bakers Pride Oven
* Bitterling Catering Oil Filter Machine
* Slush puppy Machine
All fixtures and fittings are to be included within the sale; however, any items that are owned by a third party or personal to our clients will be exempt.
* Accommodation on the Ground Floor:
The living accommodation is accessed through the rear of the shop and comprises on the Ground Floor: a large hallway with front entrance door; fitted kitchen with a spacious dining room; two bedrooms; and a bathroom.
* Currently occupied with rental income £600 Per calendar month.
On the First Floor:
*The accommodation on the first floor is centrally heated, double-glazed, and in excellent condition throughout. Benefiting from separate access, a two-bedroom flat with a kitchen and bathroom.
* Currently occupied with rental income of £850 per calendar month.
*Included in the freehold is a small property that is leased out to a hair salon with a rental income of £600 per calendar month.
Total rental income received: £24,600 per annum.
Opening Hours
* Monday - Saturday 12.00am - 9:00pm
* Sunday: closed
Rates
*There are no business rates payable.
Tenure
The freehold property is offered for sale, including the business, fixtures and fittings, and equipment.
Legal costs
Each party is responsible for their own legal costs in connection with the sale.
Regulatory Licence
* A5 Licence
* 4 Food Hygiene Rating
Trading Information
* Trading information will be made available to genuinely interested parties who have signed a non-disclosure Disclosure Agreement and viewed the premises.
Viewing arrangements
* Mailbox Estates highly advises early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF
Deposits:
Successful applicants will be required to pay a non-refundable deposit.
