Status: Completed
Tenure: Leasehold
Leasehold Rent: £10,200 per annum
Turnover: £87,000
Fish & Chip Shop/Chinese Takeaway Business in Slough For SaleFish & Chip Shop/Chinese Takeaway Business in Slough For SaleFish & Chip Shop/Chinese Takeaway Business in Slough For Sale
£59,000 + SAV

Fish & Chip Shop/Chinese Takeaway Business in Slough For Sale

Completed
  • Reference: 12748 J
  • Location: Slough, Berkshire
Hilton Smythe is delighted to welcome to the market this well-established and popular fish & chip shop and Chinese takeaway business, which is ideally located within Slough, Berkshire.

The business was established by our client in 2000 and is only now, reluctantly, being offered to the market due to our client's desire for a well-deserved retirement. The business currently operates 6 days per week and generates a turnover in the region of £87,000 with a good gross profit as per 2016 accounts.

Our client offers traditional fish and chips, as well as a wide variety of Chinese meals to take away. The property boasts 56 sq. metres of floor space with a good size waiting and ordering area, an open kitchen and a rear room. The property is well maintained and fitted out to suit the trade.

The business has built up an excellent reputation within the area for the high quality of the food and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Sunday trading. A new owner could also embark on a modest marketing campaign to promote the excellent food and service offered. The business would further benefit from the launch of a website to promote the business.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

TENURE

We are advised Leasehold:

Original lease length: 15 years
Remaining lease length: 15 years, as of August 2016
Rent: £10,250 per annum

HOURS

The business is open:

Monday - Thursday: 12:00pm - 2:00pm | 5:00pm - 10:30pm
Friday - Saturday: 12:00pm - 2:00pm | 4:30pm - 10:30pm
Sunday: Closed

STAFF

The business is owner run and managed with 2 x part-time staff members.

FINANCIAL PROFILE

The business generates a turnover in the region of £87,000, with a good gross profit as per 2016 accounts.
Rice & Fries occupies substantial ground floor, lock-up premises, ideally located within the large town of Slough in Berkshire. The business is situated within a small parade of complimentary shops and businesses, therefore, benefiting from a high volume of footfall and passing trade. The property is located within a densely populated residential area, from which the business derives much of its trade. The takeaway further benefits from on-street parking facilities to the front of the premises.

Slough is a large town and unitary authority area in Berkshire. According to the 2011 census, Slough had a residential population of 140,200. Slough town centre boasts three shopping centres, a pedestrianised high street and events areas. In recent years, Slough has seen major redevelopment within the town centre.

The area of the business is well served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is Burnham, which is approximately 1½ miles away. The area is also well served by the A-roads, with the A4 being within easy driving distance, which links to the national A-road and motorway networks. Slough is 21 miles west of London, 3 miles north of Windsor and 6 miles east of Maidenhead.
Substantial ground floor premises in an ideal trading location, briefly comprising:

Main service area:

Serve over counter with electronic cash register.
Large commercial frying range with food warmers above.
Illuminated menu board.
Small counter top drinks refrigerator.
Stainless steel three door refrigerator.
Stainless steel preparation counter.
Water cooled gas cooker with 6 x hobs.
Microwave oven.
Large 6 x ring gas cooker with oven.
4 x pot Bain Marie.
Large extractor fan.

Rear room with:

Large two door stainless steel commercial refrigerator.
Commercial sink unit.
Hand wash basin.
Large chest freezer.
Microwave oven.

WC.

External:

Shared court yard.