Status: For Sale
Tenure: Freehold
Turnover: £200,000
Family Run Tradtional Fish And Chip Takeway and RestaurantFamily Run Tradtional Fish And Chip Takeway and RestaurantFamily Run Tradtional Fish And Chip Takeway and Restaurant
£490,000 + SAV

Family Run Tradtional Fish And Chip Takeway and Restaurant

For Sale
  • Reference: 13328 A
  • Location: Sunderland, Tyne and Wear
Hilton Smythe is delighted to introduce to the market Clems Fish Restaurant. This family run business operates from a modern premise, purpose built to suit the trade in 1998 and is fitted with a high level of equipment and modern furnishings.

Clems Fish Restaurant is very well known in the area and sees a high amount of repeat trade as well as benefiting from passing trade due to the superb location. According to the latest set of accounts the business reports turnover at £200,000 with gross profit at around 64%.

This traditional fish and chip shop and take away has an outstanding reputation for the quality of produce all freshly prepared on-site. With fish locally sourced it offers not only traditional fish including Cod and Haddock but alternative fish such as Lemon Sole, Plaice and Halibut. Our clients are keen supporters of the Fish Fight campaign. The business has been recognised as a finalist of The National Fish and Chip Awards 2017 and is a member of the Federation of Fish Friers.

The restaurant is immaculately presented with a total of 80 covers, split over two floors. Clems benefits from an alcohol license, which could allow for later opening hours and opening Sundays, to generate further revenue. The business has an informative website and posts regular updates and features on social media to promote awareness of the business.

Early viewing of this long-established business in a prime location is highly recommended, with the business genuinely coming to the market as our client wishes to retire.

TENURE

We are advised freehold.

HOURS

The business opens: -
Monday to Saturday 11.00am - 6.00pm

There is potential to extend opening hours.

STAFF

The business is owner run and managed with the assistance of 8 members of staff.

The wages bill is £83,000.

FINANCIAL PROFILE

According to the latest set of accounts the business reports turnover at £200,000 with gross profit at around 64%.
The business is located in the vibrant City of Sunderland, Tyne and Wear.

Clems Fish Restaurant is in a prime trading location in a pedestrianised area in the heart of the city. Surrounded by a wealth of independent and high street retail stores and city centre amenities and within walking distance of The Bridges Shopping Centre, The University of Sunderland City Campus, car parks and train station.

The area sees a high amount of footfall and regular bus services running throughout the day. The city is easily accessible from several A roads and is connected to the national motorway network via the A194 and A1.
Well-presented shop with good signage.

The entrance opens into the takeaway section of the business with a large serving area over a 5-pan stainless steel range. To the rear is a preparation kitchen with service stairs to the first floor for staff.

There is a staff toilet to the rear with an emergency exit. The kitchen is well equipped with a walk in cold room, chipper, rumbler, coffee machine, deep freezer, fish fridge, fridges, microwaves and all other essential equipment and utensils

Stairs lead up from the rear of the fish and chip shop to the main restaurant on the first floor. A great size with 58 covers and recently fully refurbished. A dumb waiter runs from the service area below, to the restaurant.

To the rear is the kitchen which comes equipped with dishwasher, stainless steel workbenches and crockery, cutlery and utensils to service the busy restaurant. There are 2 toilets on this floor

Stairs lead up to an overspill restaurant with seating and tables for a further 22 covers. There is also an office on this floor.

Contact us today for more information

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