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Leasehold Fish And Chip Takeaway Located In Nottingham For Sale

Nottingham, Nottinghamshire, UK
Asking Price:
£300,000 Furniture / Fixtures included
Turnover:
£416,000
Net Profit:
Available on request

Established Fish & Chip Takeaway located in the highly sort after area of West Bridgford, Nottingham. High turnover business and comes fully equipped. Comes with 2 bedroom accommodation above.

Veritas Business Sales are privileged to offer to the market this immaculately presented Fish & Chip Takeaway which is located in the affluent area of West Bridgford, Nottingham. The premises has traded as a takeaway for circa 30 years and has been in the careful hands of the current owner for the past 7 years and is now being offered for sale so that my clients can enjoy a well deserved retirement. Since ownership there has been continual investment and in 2017 over £100,000 was invested to include a new shop refit with new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not be need to be spent for some time. The Wolds Fish Bar is operated under management with the help of 3 part time members of staff and has an average weekly turnover of circa £8,000. Further information on turnover will be discussed on application. They serve a fine range of traditional fish & chips, along with, pies, fried chicken, saveloys, condiments, kebabs, wraps, burgers and cold drinks. We believe that there is further potential for a new owner could increase trade by expanding upon the current food offering and introducing another online delivery portal to run alongside Deliveroo which has increased turnover considerably since its launch. It would also be beneficial to have your own ecommerce website to fulfil direct orders. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with plenty of passing trade. This is a superb opportunity to purchase an established high turnover business which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Property Information

Property:

Leasehold

Lease Terms:

Term: 15 years
Reviewed: 5 yearly
Remaining: 8 years
Rent: £23,000 pa
Business Rates: zero
Council Tax: to be advised

Leasehold Rent:

£23,000 per annum

Living Accommodation:

First Floor
2 x double bedrooms Office Bathroom with bath, shower, W/C, and wash basin Kitchen Living room
The first floor accommodation is currently let on ASTA generating rental income of £7,800 per annum. Alternatively this could be used by a new purchaser or for staff accommodation.

Location:

This delightful Fish & Chip Takeaway is located within a prominent and highly visible trading position on the busy Loughborough Road, West Bridgford, Nottingham. West Bridgford falls under Rushcliffe Borough with a population of 111,000 and 47,000 of those live within the highly sort after area of West Bridgford. The business is easily accessible on foot and by all modes of transport by the main road into Nottingham (A60). A regular bus service passes to the front, along with plenty of short stay parking. Nearby you have an array of complimentary independent retailers and residential dwellings. Nottingham City Centre is 4 miles away and Loughborough City Centre 14 mile. The (A453) is 1.5 miles away which gives easy access leading to Junction 14 of the M1 which is 10 miles away.

Premises Details:

Ground Floor
Takeaway comprising: 4 pan split counter range with 2 x chip boxes & 4 warming cabinets (Henry Nuttal), serve over sales counter fitted with protective perspex glass to shield staff and patrons against Covid-19 with EPOS till system, upright cold drinks fridge, 4 x wall mounted menu boards, 12 pot wet bain-marie, 4 pot wet bain-marie, domestic microwave, toaster, worktop with base storage units, 4 kebab spits (Archway), kebab shaver, 2 x electric knives, Gas BBQ grill (Lincat) extraction canopy and serve-over chilled salad counter.
Preparation kitchen comprising: walk-in chiller, stainless steel work tables, stainless steel double door fridge (Electrolux), undercounter freezer (Blizzard) stainless steel wash basin, stainless steel double sink, 6 ring gas hob/oven, batter mixer (bold) and pressure fryer (Kuroma).
Chipping room with potato chipper, brand new potato peeler/Rumbler, large stainless steel potato soak tub and 3 x plastic potato soak tubs along with ample storage to include dry potato storage.
Staff W/C with wash basin.
Hallway with rear door to yard.

External
Ample short-stay parking to the front and side entrance to additional parking. Garage (housing 3 x chest freezers) Rear yard/garden with separate entrance to the flat located on the first floor.

EPC Rating C
The property benefits from gas fired central heating & double glazing.

Energy Performance Rating:
C

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – Saturday – 11.00am – 11.00pm
Sunday – closed

Years established:
30 years

Other Information

Inventory / Stock value:
£1,000

Contact Information

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