Status: For Sale
Tenure: Leasehold
Leasehold Rent: £31,500 per annum
Turnover: £458,000
Fish and Chip Shop Restaurant and TakeawayFish and Chip Shop Restaurant and TakeawayFish and Chip Shop Restaurant and Takeaway
£329,950 + SAV

Fish and Chip Shop Restaurant and Takeaway

For Sale
  • Reference: 13398-C I
  • Location: South West
Hilton Smythe welcomes to the market this fish and chip shop restaurant and takeaway. The business was originally established in this location in the 1970's. Our clients took over the fish and chip shop in 1999. The owners are now looking to sell the business, due to the desire to take a well-deserved retirement.

The business runs as a licenced fish and chip shop and restaurant. The chippy is situated in a seaside resort and benefits from good all year-round trade, with much custom in the warmer summer months from tourism. The business offers a classic chippy menu. Dishes include, fish, chips, sausage, fish cakes, burgers, fish fingers as well as burgers, chicken, pasties, plus a range of soft drinks, hot drinks, wines and beers. The business boasts a continuous 5-star food hygiene rating.

The restaurant side of the business has an extensive menu offering the takeaway menu plus, jacket potatoes, grills, sandwiches, breakfasts and salads as well as regular specials.

The business has excellent historical accounts and in 2016 the chippy generated a turnover in the region of £458,000, with a gross profit of 72%. This is a very healthy turnover, with the potential to be increased. Opening hours vary depending on the time of year. We feel the opening hours could be extended out of summer months to benefit from the tourist and local trade.

Social media is a great cost effective way of advertising a business. We feel that the business could further benefit from a Facebook page and website.

This is a fantastic Leasehold 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.

New lease to be negotiated.

Our client owns the Freehold to the property.

HOURS

The business opening hours: -

Winter
Monday - Sunday: 10am - 4pm

Summer
Monday - Sunday: 10am - 7pm

STAFF

The business is run and managed by our clients, with the help of three full time and five part time members of staff.

FINANCIAL PROFILE

The business generated a turnover in the region of £458,000 as of the 2016 accounts.
Gross profit 72%
The fish and chip shop is located in Devon.

The business is situated in the pedestrianised area.
This chippy is situated on a retail parade and boasts a large property. This is an immaculately presented property in an excellent location.

The property briefly comprises: -

On entry is the fish and chip takeaway area. This is a bright room with a service counter on entry. The room is completed with light-coloured walls, blue cladding and laminate flooring, this continues throughout. The whole property has been completed to a very high standard. Behind the counter is the kitchen area, this is visible to the waiting area.

To the right-hand side on entry is the restaurant seating area. Again, this has the light walls and laminate flooring. There are 90 covers in this space with generous spacing in between each table. In this area, there is a large service counter with a glass fronted drinks chiller. This also has a view to the kitchen. To the rear of the seating area are a ladies and gent's toilets.

The kitchen is a substantial sized galley style. This is a fully fitted stainless steel kitchen. Through to the rear of the property is a preparation room. This has a large chipper and rumbler. This room can be used for storage. All floors in the property are easy to clean.


Equipment included in the sale includes: -
Range
Grill
Canopy
Coffee machines
Fat fryer
Range
Hob
Fridges
Freezers
Microwaves
Catering dishwasher
Service counter
2 x Tills
Tables
Chairs

Further rooms include staff toilet and shower, laundry room, staff room, office and a very large dry store and refrigeration room at the rear of the premises.

Contact us today for more information

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