Status: For Sale
Tenure: Freehold
Turnover: £168,000
Fish & Chip Shop Restaurant On High StreetFish & Chip Shop Restaurant On High StreetFish & Chip Shop Restaurant On High Street
£424,950 + SAV

Fish & Chip Shop Restaurant On High Street

For Sale
  • Reference: 13509 D
  • Location: Oldham, Greater Manchester
Hilton Smythe welcomes to the market Betty's Fish and Chips. This fish and chip shop restaurant was established by our client in 2012. The owner is now looking to sell the business, due to the desire to focus on other business interests.

The business offers traditional fish and chip shop fayre, to take away or to eat in the 22-cover restaurant. Popular foods include, fish and chips, steak pies, pudding, sausage and a children's menu with goujons and chips.

This high-quality fish and chip shop also offer an outside catering service, to provide unique meals for private functions. This is a great plus to the business and differs from competitors.

The business generated a turnover in the region of £168,000 as of the 2016 accounts, with a gross profit of 64%. This is an exceptional turnover, with potential to be massively increased. Extending opening hours could make a huge difference to income. The business also has an alcohol licence, this would be perfect for restaurant dining in the evenings.

Betty's Fish and Chips already has an envious amount of repeat loyal trade from locals that live in the area. Uppermill is an up and coming village of Saddleworth, becoming more and more popular with tourists. With the right advertising this business could further increase trade, especially in the warmer summer months with the use of the communal outside seating area.

The business already has a great online presence, with a regularly updated Facebook page and excellent reviews on TripAdvisor. The Facebook page has over 340 followers, this is a great cost effective way to market the chippy.

The fish and chip shop boasts a substantial sized property with potential for change. The first and second floor are currently used for storage. This space could be transformed into a two-bedroom owner's accommodation, if required by our purchaser. However, there is also the option to expand the restaurant side of the business by introducing more seating. Offering a function room with separate bar could be something the purchaser considers.

This is an exceptionally run business that would be perfect for a husband and wife team or partnership. 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 Freehold opportunity.

HOURS

The business opening hours: -

Monday - Saturday: 12pm - 2:30pm & 5pm - 8pm
Sunday: Closed

Sunday hours are seasonal.

STAFF

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

FINANCIAL PROFILE

The business generated a turnover in the region of £168,000 as of the 2016 accounts, with a gross profit of 64%.
Betty's Fish and Chips is located in Uppermill, Oldham, Greater Manchester.

The restaurant and takeaway is situated on a main high street in Uppermill. Directly facing the Saddleworth Museum, this location is guaranteed footfall. This is a bustling location with a variation of eateries and independent retail outlets. Just off the high street is residential housing, from which the business derives much of its trade.

Uppermill is a village in Saddleworth, just 4 miles from Oldham and 11 miles off Manchester. The village lies on the River Tame in the valley of the South Pennines. This is a perfect location surrounded by rolling fields and countryside. The village has all amenities such as a school, golf club, leisure centre, community hall, library and church. This is an excellent location for a change of lifestyle.

Uppermill is in a prime location. The village has excellent road connections leading into surrounding towns and cities. Oldham town centre is approximately 5.4 miles away and Manchester City Centre is just 13 miles away. This is an easy commute using the great public transport links. There are bus stops within walking distance and the closest train station is a 2-minute drive away.
Betty's Fish and Chips boasts a well-presented end of terrace property. The premise is stone built with lots of character. There is excellent signage across the front and to the side of the business. The signs have been completed to a very high standard, this is eye catching to passing trade.

On entry is the large 22 cover restaurant. There are benches across one side leading to the back of the room. On the left is the main service counter and three pan range. Behind the counter is a preparation area with drinks fridge, counter top space, wash hand basin and other equipment.

There is a very detailed mural across one wall of the restaurant.

There is a commercial kitchen just off the service area. This comes fully equipped, perfect for the trade.

Equipment included in the sale includes: -
Three pan fish and chip frying range
Tables and chairs
Chipper
Rumbler
Commercial microwave oven
Bain Marie
Two large fridges
Freezer
Drinks fridge
Tall drinks fridge
Till
Water boiler
Cutlery

On the first floor of the property is a chipping room for the potatoes. This space also has a kitchen and there is a separate large storage area for stock.

The first floor has potential to be transformed into living accommodation. The large storage room, would be perfect as a living room. There is also a bathroom in place on this floor.

On the second-floor there are two bright rooms, these would be perfect as bedrooms.

At the back of the seating area, is a door that leads to a communal terraced area. This has a generous amount of seating and is perfect in the summer months. This is communal and not included in the sale.

There is also access to the rear of the property.

Contact us today for more information

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