Mailbox Estates offer an exciting opportunity to acquire a freehold, long standing and well-run traditional fish and chip shop.
The Opportunity:
* Weekly turnover in excess of £10,000
* Nil Business Rates
* Two bedroom flat with rental income of £800.00 per month
* 5* Food Hygiene Rating
Opportunity to keep the franchise brand name for £50 per week
Reason For Sale:
* Our client is selling this business in order to focus on other business interests that are geographically closer to home.
Location:
* The store is located on a busy street close to a residential area and benefits from high levels of footfall and passing trade.
* The shop sits alongside other complimentary retail businesses including several well-known high street names.
* The store is well presented and maintained, with clear visible signage.
Internal:
* Internal area of 158 sq.m (1700 sq. ft)
External:
* There is secure customer parking available to the front and rear.
* Delivery access to the rear
Weekly Turnover:
* We have been advised by our client that the weekly turnover on average is £10,000.
*The business is a member of Just Eat, Uber Eats and Deliveroo.
Tenure:
* The business is offered for sale with a new 20 year lease with further further terms to be negotiated.
* Option to purchase the freehold for £350,000 plus the goodwill of £200,000
Trading Hours:
Monday - Thursday 12:00pm - 9:30pm
Friday - Saturday 12:00pm - 10:00pm
Sunday - Closed
Staff:
* The business is run and managed by one full time and five part time members of staff.
Accommodation:
* included in the sale, a two bedroom flat that benefits from separate access. Currently rented out for £800.00 per calendar month but may be vacant upon possession if required.
Fixtures and Fittings:
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
Rates:
* Purchasers should enquire with relevant local authorities to confirm the rates payable
Legal costs:
* Each party to be responsible for their own legal costs in connection with the sale.
Trading Information:
* Full accounts will be made available to seriously interested parties after they have viewed the business.
Regulatory:
* A5 Licence
* 5 Food Hygiene Rating
Viewing Arrangements:
* Mailbox Estates highly advise 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.
DEPOSIT
*Successful Applicants will be required to pay a non-refundable deposit.
Opportunity to keep the franchise brand name for £50 per week
Mailbox Estates highly advise early viewing to avoid disappointment.
