Status: Completed
Tenure: Leasehold
Leasehold Rent: £5,892 per annum
Turnover: £63,000
Fish & Chip Shop In Residential LocationFish & Chip Shop In Residential LocationFish & Chip Shop In Residential Location
£34,950 + SAV

Fish & Chip Shop In Residential Location

Completed
  • Reference: 12975 D
  • Location: Bolton, Greater Manchester
Hilton Smythe welcomes to the market Kentmere Chippy. This chippy was originally established in the 1980's. Our client then took over the business in 2012, who is now looking to sell the business, due to the desire to focus on other interests.

This is a popular well-known chippy in this location and receives a generous amount of repeat loyal trade from residents and school children in the local area. The fish and chip shop offers a traditional menu selling fish, pies, pudding, burgers, and a variety of refreshing drinks. The chippy also sells, hot drinks, Slush Puppy drinks and hot and cold sandwiches.

The business is currently generating an advised turnover of around £63,000 per annum, with a gross profit of 70%. This is a healthy turnover that we feel could be increased. The new owner could look to expand the menu by introducing products such as, pizzas and kebabs.

Offering deliveries to the local area could also prove to be a popular service. There are several businesses close by with large amounts of staff; this would also boost repeat trade.

This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

TENURE

We are advised the business is being sold as a Leasehold opportunity.

A new lease is available upon negotiation.
Rent: £5,892 per annum

HOURS

The business opening hours-

Monday - Friday: 11am - 1:30pm & 4pm - 7pm
Saturday & Sunday: Closed

STAFF

The business is run and managed by our client, with the help of one members of staff.

FINANCIAL PROFILE

The business generates a turnover in the region of £63,000 per annum.
Gross profit 70%
Kentmere Chippy is located in Bolton, Greater Manchester.

Situated in a row of terraced shops, in the centre of a large residential housing estate, the business is easily accessible, just off the major roads in and out of the town centre of Bolton. The chippy is ideally located with the local secondary school being just a 5 minute walk away. There is free car parking to the front, side and rear of the premises.

This area is a short drive away from Breightmet, Ainsworth and Harwood. The A58 an arterial road in the town is close by, this road runs in to the centre of Bolton and heads in to Bury. There are bus stops close by, these have regular routes in to the town centre of Bolton.
Kentmere Chippy is a large single fronted shop, set in the middle of a parade of shops. The property is fitted with roller shutter doors and an alarm system. The property is signed, this is clear to passing trade.

Inside the chippy there are tables and chairs for approximately 10 covers to eat in. The counter runs the full length of the chippy. Behind the counter is the preparation area, this is fully equipped. The windows at the front allow for a bright retail space.

Equipment includes-
Double soft drinks chiller
Sandwich chiller
Preparation area
Long serving counter
Long range cooker with display
2 fat fryers
4 Pan Baine Marie
Grill
Hot plate
Stainless steel storage
Large fat fryer
Baked potato machine
Slush machine
Shmoo milk shake machine

Through to the rear there is a large preparation room with-
Hand wash sink
Double stainless steel sink
Potato chipper
Potato peeler
Stainless steel preparation area
Extractor
Gas boiler
Shelving for pots and pans

There is another storage area with a chest freezer, shelving and an upright freezer.