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Long Established Fish & Chip Shop In Cambuslang For Sale

Cambuslang, Glasgow City, UK
Asking Price:
£60,000
Turnover:
£196,946
Net Profit:
£45,000

Night Star
48 Main Street, Cambuslang, G72 7EP

• Long established fish & chip shop. Same owners since 1994
• Prominent town centre trading position within busy retail parade
• Surrounding operators include Wetherspoons, Costa, Dominos, Boots & Subway
• Within busy residential area & commercial area
• Currently trading limited hours due to semi-retirement
• Strong historic levels of turnover and profits
• Huge growth potential for a new owner operator

The business:
The Night Star has been owned and operated by our clients since 1994, although has been trading for even longer, and is therefore long established and something of a local institution.

The business trades as a traditional fish & chip shop, selling all the products you would expect such as fish/chicken/sausage/pudding/haggis suppers etc as well as freshly cooked pizzas and kebabs. They also sell soft scoop Crolla’s ice cream and a selection of soft drinks.

The business enjoys a great reputation for its food, with strong online reviews, and has a loyal and regular customer base derived from local residents as well as from the surrounding towns. The business also benefits from the many nearby businesses and offices, as well as from the high levels of passing traffic.

The current owners are selling as they look to fully retire, and in the last couple of years have been semi-retired, running the business very much to suit themselves, closing on a Monday/Tuesday and only opening 4pm-10pm the other 5 days.

There is huge potential for a new owner operator to increase the hours back to normal levels, opening 7 days, lunchtimes, as well as evenings which they have never done, to take advantage of the surrounding pubs and late-night trade. Our clients have also never used any of the online delivery platforms, so this is another huge area of growth potential.

Property Information

Property:

Leasehold

Lease Terms:

Our clients are prepared to offer a fresh, full repairing and insuring (FRI) lease of negotiable terms and duration, and are seeking an initial rental of £15,000 per annum.

Leasehold Rent:

£15,000 per annum

Location:

The subjects benefit from a prime trading position on the southern side of Main Street within the sizeable town of Cambuslang, which lies on the south-eastern outskirts of Glasgow. Main Street forms part of the A724, an extremely well-travelled road linking the town with the city of Glasgow (5 miles) as well as the towns of Rutherglen, Blantyre and Hamilton. The large town of East Kilbride is also only 3.5 miles away.

Cambuslang has a population of approximately 30,000 people which is growing all the time with new residential developments but also forms part of the Greater Glasgow conurbation with a population of approximately 1 million residents.

The Main Street benefits from a good tenant mix of local and national operators, as well as pubs and restaurants ensuring high levels of passing traffic and footfall throughout the day and evening. Surrounding operators include JD Wetherspoons, The Sefton Bar, Cheers, Costa Coffee, Boots pharmacy, Dominos, Energie Fitness and Subway to name a few.

Premises Details:

The subjects are entered directly from Main Street via a door positioned to the right-hand side of the large display frontage with prominent back-lit signage above.
Internally the subjects comprise a traditional style fish & chip shop and have been well designed and fitted.

The large counter/servery runs the full length of the retail area on the left-hand side and incorporate a 3-pan Preston & Thomas frying range, a large serve over chill display cabinet, and a 7-pan ice cream display freezer.

To the rear of the counter there is a range of equipment including twin deck pizza oven, a vertical kebab/gyros grill, 4-pan bain marie, microwave, 2 ring hob, as well as a drinks fridge, stainless steel fridge and the till system.

Ancillary areas:
The subjects benefit from a large back shop area which provides ample room for potato storage and preparation and is home to the peeler & chipper machines as well as chip basin, sinks etc. This area is home to a stainless-steel fish fridge and a chest freezer.
There is a staff toilet as well as a rear door to the bin store and a rear yard/garden area.

Energy Performance Rating:
E

Business Operation

Reasons for selling:

Retirement

Other Information

Related Documents:

Contact Smith & Clough Business Associates

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