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High-Turnover Fish And Chip Shop, Colchester Parade For Sale

Colchester, Essex, UK
Freehold Price:
£700,000 Furniture / Fixtures included
Leasehold Price:
£325,000 Furniture / Fixtures included
Turnover:
£832,000
Net Profit:
Undisclosed

Key features:

  • £14,000–£16,000 weekly turnover
  • Run entirely under management, closes 9.00pm latest
  • Same ownership for 24 years, genuine retirement sale
  • Offered freehold at £700,000 or new lease at £325,000
  • Over 10,000 new homes under construction nearby

A long-established Colchester fish & chip takeaway and delivery business turning over £14,000 to £16,000 a week, run entirely under management and closing at 9.00pm latest. The same owner has held the business for 24 years and is now retiring, offering it freehold or on a new lease. With a university campus on the doorstep and over 10,000 new homes under construction in the neighbourhood, an owner-operator stepping in has a clear runway to push the takings further.

Trading figures:
We have been informed by our client that the business turns over £14,000 to £16,000 a week, made up mostly of takeaway sales and deliveries through the usual platforms. The shop is run by staff and closes at 9.00pm latest, with no Sunday trading at all — which leaves obvious headroom for an owner-operator who is willing to extend the evening hours and open on a Sunday to grow what is already a very strong weekly take.

Trade equipment:
The headline item is a 5-pan Mallison range, only three years old and the heart of the cooking operation. Alongside it the inventory includes two digital tills, a two-door salad fridge, a three-door under-counter fridge, kebab machines, a two-pot bain-marie, a griddle, two microwave ovens, a fish keeper, two chest freezers, a fat extractor, a double-door fridge, a Bold chipper and a 56lb peeler.

Special remarks:
Our client has owned and built this business over the past 24 years and is now retiring, opening the way for more go-ahead new ownership to take direct control. The takings are already strong at £14,000 to £16,000 a week under full management, with the obvious levers — later evening hours and Sunday trading — still untouched. Add the 10,000 new homes being built within the catchment and the standing university trade, and the future for this shop looks unusually well-supported. A rare freehold or leasehold opportunity within a fast-growing community.

Property Information

Property:

Available as freehold and leasehold

Living Accommodation:

Lock-up shop — no residential accommodation is included in the sale.

Location:

A long-standing pitch on a small local parade of five shops, sitting alongside a convenience store, hairdressers, pharmacy and estate agents, with lay-by parking directly outside the door. The university campus is in close proximity and brings a substantial student presence, on top of a good-sized local resident population. That catchment is set to grow significantly with the construction of over 10,000 new homes within the neighbourhood — a generational shift in the size of the customer base on this shop's doorstep.

Premises Details:

A well-established single-storey mid-terrace unit with a fully glazed frontage, double-door access and a full-width coloured fascia and canopy above. Inside, the sales shop is spacious and fully tiled, sitting under a spotlit ceiling with two ceiling fans, and is fronted by a wide stainless-steel-topped service counter. The counter encloses a 5-pan Mallison range — only three years old — with a large menu display mounted above it. A well-equipped cooking section sits to the side and runs through to a tiled preparation area fitted with a steel single sink and stainless-steel cladding. To the rear is a large yard used for deliveries and private parking, along with two garages currently used for wet and dry storage. A well-fitted and well-equipped shop with a good reputation.

Business Operation

Trading hours:

Monday to Saturday: lunch 11.30am – 2.30pm, evening 4.30pm – 9.00pm. Sunday: closed. The early-close evening shift and the closed Sunday both represent clear scope for additional trading, which will be evident on viewing.

Other Information

Leasehold asking price:
£325,000 - Furniture / Fixtures included