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Leasehold Fish & Chip Takeaway Located In Warwick For Sale

Warwick, Warwickshire, UK
Asking Price:
£84,950 Furniture / Fixtures included
Turnover:
£156,000
Net Profit:
Undisclosed

Leasehold Fish & Chip Takeaway Located In  Warwick. Self Contained Two Bedroom Flat Above. No Deliveries.

Veritas Business Sales offer to the market this respected Fish & Chip Takeaway which is located in Warwick. The business has been trading since 1970 and has been in the careful hands of our client since 1990. They are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership they have continually invested in 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 need to be spent for some time. Woodloes Park Fish Saloon is overseen by the owner with the help of his family and has an average weekly turnover of £3,000 which is all walk-in trade and no deliveries. They serving a fine range of fish & chips, along with, pies, saveloys, savouries, chicken, condiments, kebabs, burgers, and cold drinks. The lease come with a self contained 2 bedroom flat above which is sub-let.
We believe that a new owner operator could increase turnover by extending the current opening times, expanding the food offering and by joining the online delivery portals such as Just Eat and Deliveroo. This is a superb opportunity to purchase an established takeaway with further potential which is a great base to build upon and as such early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

Term: 20 years (New lease available)
Remaining: 6 years
Rent: £13,500 pa
Reviewed: 5 yearly
Rates: zero

Living Accommodation:

First Floor
Entrance door leading to porch.
Lounge.
Kitchen.
Bathroom with bath W/C and wash basin. and airing cupboard.
Double bedroom with storage heater.
Double bedroom.
Hallway with airing cupboard with water tank and washing machine.
The property benefits from UPVC double glazing.

Location:

This established Fish & Chip Takeaway is located in the historic town of Warwick which is one of Warwickshire’s popular tourist hotspots. It’s situated within a prominent and highly visible trading position on Reardon Court which is situated off Woodloes Avenue South, in Woodloes Park, north Warwick. Nearby occupiers include the Co-op, Public House, Post Office, Sunbed Shop, Pharmacy, Newsagents, Fish & Chip Takeaway, Papa John’s Pizza, Convenience Store and Pet Shop. All of which bring decent levels of footfall to the parade. There is a free car park to the frontage for shoppers and Warwick hospital is (0.5) miles away. Warwick is well connected via road network and has easy access to the M40 motorway. The town is also accessible via train, providing links to London, Birmingham and Manchester.

Premises Details:

Ground Floor
Takeaway comprising: upright drinks fridge (Coca-Cola), serve over stainless steel sales counter with till (Sharp), 2 pan range (Preston & Thomas) with chip box, scraps box and 2 x warming cabinets, stainless steel table, 4 pot dry bain-marie, 2 slice toaster, dual kebab machine electric knife, kebab meat shaver, kebab meat shaver, extraction canopy, worktop with base storage units, pie warmer, commercial microwave (Valera), potato chipper (IMC) and 5 x menu boards.
Preparation kitchen with fish fridge (Ozti), double door fridge (Husky), 2 door stainless steel freezer (Foster), office area with desk, hot water heater (Ariston), worktop, vegetable cutter (Kenwood), 4 ring gas hob/oven (Beko), worktop with base units, kettle, stainless steel double sink with base units, batter mixer (Crypto Peerless), fan, wall mounted paper towel dispenser, wall mounted hand dryer, commercial microwave (Menumaster), portable flour container, 2 plastic storage containers, 2 shelves, table with 4 chairs, portable trolley, wall mounted knife rack and weighing scales.
Chipping room with potato peeler (Crypto Peerless), 2 x plastic chip bins, stainless steel table, 3 x stainless steel buckets, storage racking, upright fridge (iarp), chest freezer, rotary chicken oven, stainless steel table, potato storage area, shelf, portable fan and rear exit door.
Staff W/C.
Staff changing area with wash basin and wall mounted mirror.

External
Rear service road with bin area, parking for (3), covered storage unit for deliveries.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – 16:30 – 21:00
Tuesday – Saturday – 11:30 – 14:00 – 16:30 – 21:00
Sunday – closed

Years established:
50 years

Other Information

Inventory / Stock value:
£1,500