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Traditional Fish & Chips Shop - Preston For Sale

Preston, Lancashire, UK
Freehold Price:
£209,950 Furniture / Fixtures included
Leasehold:
£49,995 Furniture / Fixtures included
Turnover:
£84,064
Net Profit:
Available on request

Five Star Food Hygiene Rating
One Bed Accommodation Included
Accounts Available 31st March 2019
Annual Turnover £84,064
Gross Profit £50,693
Potential To Introduce Delivery Services
Prominent Main Street Location
Town Centre Trading Location
0.9 Miles To Bustling Holiday Park
0.2 Miles To Kirkham & Wesham Train Station
2 Local Schools Situated 0.2 Miles Away
Full Financial Info Available After Viewing
Scope To Expand Menu
EPC - F

Blacks Brokers are pleased to bring to the market this freehold traditional fish and chip shop located in Wesham, Lancashire.

INTRODUCTION

Wesham Chippy has been trading on West View for over 80 years and our client acquired the business in 2004. Our client has built upon the solid trading heritage and the business has earned an enviable reputation within the town and surrounding area.

Wesham Chippy has a strong social media presence with over 3000 Facebook followers and excellent reviews on Trip Advisor with a five star hygiene rating.

LOCATION

Wesham is located in Lancashire, one mile north-west of the town of Kirkham, seven miles east of the major town of Blackpool. The nearest railway station is a quarter mile away with the M55 junction just half a mile. The business benefits from heavy footfall in this busy town centre location.

REASON FOR SALE

This opportunity has become available due to our clients’ other business interests and therefore the business has been placed on the open market at this appealing price point.

LEASE

The building is available on a freehold basis and as such no leases are applicable. We are informed by our client that the property is brick construction.

STAFF

Our clients operate the business on a full time basis and are supported by two part time members of staff. All staff have contracts of employment and provide continuity to the customers ensuring a smooth handover.

FINANCIAL DETAILS

We are informed by our client that the business can show steady trading over the years and the current trading figures are £84,064 per annum with a gross profit 50,693.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief.

SUMMARY

This is a well respected traditional fish and chip shop that has a trading heritage that spans over eighty years. The business is truly at the heart of the local community and our client has built upon its fine reputation. The building offers great flexibility and the opportunity to create a lucrative additional second income by placing the living accommodation on the residential rental market after some modernisation has taken place.

The business would ideally suit an owner operator team who could push the business even further by broadening the menu and extending the opening hours.

This is an exciting opportunity so early viewings are advised.

Property Information

Property:

Available as freehold and leasehold

Business Operation

Trading hours:

MON: CLOSED
TUE - FRI: 11:30 - 13:15 / 16:30 - 20:30
SAT: 11:30 - 13:15 / 16:30 - 18:30

Other Information

Leasehold asking price:
£49,995 - Furniture / Fixtures included

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