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High Sales Fish & Chip Shop, 3-Bed Accommodation For Sale

Carlton, Nottinghamshire, UK
Asking Price:
£115,000 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

A HIGH SALES TRADITIONAL FISH & CHIP SHOP, WITH 3 BED ACCOMMODATION 'FOR SALE'.

This thriving, traditional Fish & Chip shop has been under the same ownership for the past 8 years. The premises are fully equipped to a very high standard, including the addition of a large prep room which provides future owners the option to expand the offering. Located in Carlton, yet attracting customers from further afield, the current owners have established their business as the go to for reliable, quality food.

Opportunities and key information:

  • Just Eats, Uber Eats and Deliveroo are all yet to be explored.
  • No direct competition in the immediate area.
  • 3 bedroomed flat included. Estimated sub-let rental income £1,000 pcm.
  • Increase the number of opening days, add to the menu, offer deliveries etc.
  • High and stable average weekly takings.
  • New 15 year lease available.
  • Asset sale.
  • This turnkey business is for sale as the owner is relocating.

THE BUSINESS & PROPERTY DETAILS:
Location: This comprehensively equipped and turnkey Fish and Chip shop trades from Carlton, Nottinghamshire. Within a residential area, with a few local businesses close by. There is parking directly outside and on street parking nearby.

The Business: A traditional Fish & Chip Shop, specialising in fish and chips. No deliveries, no kebabs or pizzas etc; Known in the area for reliably having the best quality fish and chips. Excellent, stable trading history. The business benefits from regular catering requests from local businesses.

Business Premises: Corner location. Attractive, well-maintained premises. The retail space consists of a large stainless-steel servery with counter, drinks fridge and customer waiting area. To the rear of the retail space there is a storage area. Leading on from here is the potato prep area and staff wc. To the side of the retail space there is a large kitchen/prep room. There is access to the business premises via both the front and rear.

Accommodation: Separate access via the rear leads into the ground floor, containing a kitchen and living room. The stairway, accessed via the living room, leads to the 1st floor, providing 3 generous sized bedrooms, bathroom and separate toilet. The accommodation has a rear garden and parking area. There are two gates providing both pedestrian access and vehicle access. The premises have recently been fitted with new carpets throughout and freshly painted. They are offered vacant, giving new owners the option to live in or sub-let. Estimated rental is £1,000 pm. There is an internal door which could be re-opened should the purchasers wish to live in the accommodation and have internal access between the business and accommodation.

Financials: These will be made available on the signing of a non-disclosure agreement.

Staff: 1 vendor plus 4 part-time staff. Typical staffing levels, including the vendor, are 2 at lunch, 3 in the evenings and 4 on Friday nights.

Stock: To be taken at valuation. Average stock holding of £2,000 All fixtures & fittings and equipment are included in the sale, debt free. A full list will be provided upon request.

Trading Hours: Tuesday to Saturday 11:30am – 2:00pm and again 4:30pm – 9:00pm. Closed Sunday & Monday.

Rating: Gedling District Council.

Rates payable: £nil with SBRR

VIEWING is strictly by appointment. By all means view the business discreetly, but DO NOT contact either the vendors or their staff directly.

Property Information

Property:

Leasehold

Lease Terms:

New 15 year lease subject to satisfactory referencing. We understand that the accommodation can be sub-let at an estimated rent of £1,000 pcm.

Leasehold Rent:

£20,400 per annum

Living Accommodation:

Separate 3 bedroom living accommodation plus living room, kitchen, bathroom and separate wc. Entire premises are in very good order. Good sized rear garden with parking.

Location:

Carlton, Nottinghamshire

Premises Details:

Well equipped business premises with large 'prep' room enabling new owners to increase the offering. Separate 3 bedroom living accommodation plus living room, kitchen, bathroom and separate wc. Entire premises are in very good order. Good sized rear garden with parking.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Currently run as a traditional fish and chip shop with no delivery options. The range could be extended to include other cuisines. Deliveries and social media could increase sales.

Competition / Market:

No direct competition within the immediate area.

Reasons for selling:

Vendors moving away.

Trading hours:

Tuesday to Saturday 11:30am – 2:00pm and again 4:30pm – 9:00pm. Closed Sunday & Monday.

Employees:
1 vendor plus 4 part-time staff. Typical staffing levels, including the vendor, are 2 at lunch, 3 in the evenings and 4 on Friday nights.
Years established:
8

Other Information

Support & training:

A handover will be provided.

Home based:
This business can be run from home