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Popular Traditional Fish And Chip Shop In Glenrothes For Sale

Glenrothes, Fife, UK
Asking Price:
£67,000
Turnover:
On request
Net Profit:
On request

**** PRICE REDUCED ****

Popular traditional Fish and Chip Shop for sale after 37 years under same ownership. Traditional Fish and Chip Shop. Net annual sales £333,486. Ideal trading location. Retirement sale. Scope to develop existing offering. Rent £13,500 per annum, plus service charge. A new lease will be made available to the buyer.

LEASEHOLD

Guide Price £67,000.

Elio’s Fish and Chip Shop occupies a prominent trading location in Glamis Shopping Centre, which is a popular and well used shopping parade just to the south-west of Glenrothes town centre. Glenrothes is a large settlement of approximately 40,000 inhabitants in central Fife and was one of Scotland’s ‘New Towns’ created in the 1940’s.

St Andrews and the surrounding East Neuk of Fife with its world class golf courses is reachable within a 30 minute drive to the east with Scotland’s capital city Edinburgh just a 55 minute drive to the south.

Our client has owned and operated this fish and chip shop for over 37 years and has reluctantly placed it on the market to retire. As well as offering tradition fried foods, Elio’s also offers pizzas, pastas and kids meals.

Deliveries are done through JustEat.

The business trades just 6 days a week, closing on a Sunday.

Elios trades from a purpose-built retail unit within a busy shopping parade. There is plentiful dedicated car parking for the shopping centre and in the surrounding area.

The property is offered on a leasehold basis, a new lease will be made available to the buyer. The annual rent is £13,500 plus service charge.

Property Information

Property:

Leasehold

Leasehold Rent:

£13,500 per annum

Location:

The business trades from a purpose built retail unit within a busy shopping parade.

Premises Details:

The frontage is predominantly glazed with signage in front. There is plentiful dedicated car parking for the shopping centre and in the surrounding area.
Internal details - Ground Floor. A large queuing and waiting area sits in front of the counter which features 2 one pan ranges with a further pan available on a separate one pan wall range. There is an ice cream freezer and further display counter giving an ‘L’ shape overall. Price boards are wall mounted and positioned behind the service counter.
Ancillary Areas - There is a good sized area to the rear with prep area, sufficient refrigeration along with chipper and peeler. There is also staff WC in this area.

Business Operation

Expansion Potential:

The business trades just 6 days, closing on a Sunday therefore potential to increase the trading hours.

Reasons for selling:

Retirement sale.

Trading hours:

Monday – Saturday - 4.15pm to 10.30pm.
Sunday - Closed.

Years established:
37

Other Information

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