Status: Completed
Tenure: Leasehold
Leasehold Rent: £267 per week
Turnover: £468,000
Franchise Opportunity Fish and Chip Shop with Cafe in IlkleyFranchise Opportunity Fish and Chip Shop with Cafe in IlkleyFranchise Opportunity Fish and Chip Shop with Cafe in Ilkley
£250,000 + SAV

Franchise Opportunity Fish and Chip Shop with Cafe in Ilkley

Completed
  • Reference: 1545
  • Location: Ilkley, West Yorkshire
Hilton Smythe welcomes to the market Grandad Nicols. This is a unique franchise opportunity.

Our client is more than happy to offer full training to the new purchaser and further discuss the franchise opportunity.

Grandad Nicols is a well established, extremely profitable business, operating for many years and has been under the careful control of our client for the last 4 years, serving this large residential community and abundant visitors alike.

Grandad Nicols is highly visible from its prominent main road position. The business is close to Ilkley town centre and benefits from its location being in close proximity to many retail and commercial outlets providing heavy footfall and excellent passing trade, whilst at the same time serving the residential area it lies in.

Grandad Nicols offers a traditional fish and chip menu including burgers, scampi and fish cakes. The business advertises special offers, for customers choosing the smaller portion option, along with 'early bird' offers. Whilst the sublime fish and chips are certainly the best seller.

The Cafe and two bedroom flat are let and return an additional income for the fish and chip shop of £1560 per calendar month.

The purchase of this Grandad Nicols fish and chip shop business also comes with an additional opportunity to increase business income through the franchising side of Grandad Nicols operation.

Full details of additional opportunities through franchising will be discussed in person with potential purchasers of this business.

The purchase of this Grandad Nicols fish and chip shop business, with its additional franchising opportunity is a rare opportunity, ideal for a husband and wife team, to create and achieve a lucrative income. Grandad Nicols is a business not to be missed.

We strongly recommend urgent viewing as to avoid disappointment.

TENURE

We are advised the business is Leasehold.

The original length of the lease 25 years with 18 years remaining (fully renewable). The lease is reviewed every two years.

Rent £267.47 per week.

HOURS

The business currently trades:

Mon, Tues, Weds and Thursday 11.00 am to 9.00 pm
Friday and Saturday 11.am to 10.00 pm
Sunday 11.00 am to 9.00 pm

STAFF

The business is owner run and managed with the assistance of 2 full time fryers and 6 part time staff.

FINANCIAL PROFILE

The business reports a healthy turnover of £468,000 per annum.
Grandad Nicols is situated in the stunning town of Ilkley.

Ilkley is a spa town and civil parish in West Yorkshire, Northern England. Historically part of the West Riding of Yorkshire, Ilkley civil parish includes the adjacent village of Ben Rhydding and is a ward within the metropolitan borough of Bradford.

Approximately 12 miles north of Bradford, the town lies mainly on the south bank of the River Wharfe in Wharfedale, one of the Yorkshire Dales. The parish has a population of approximately 14,000.

Ilkley is served by two railway stations; Ilkley terminus and Ben Rhydding. These are linked by the Wharfedale Line upon which trains run between Ilkley and Leeds/Bradford Forster Square stations. Ilkley's nearest airport is Leeds Bradford International.

Grandad Nicols lies on the busy A65 road, which runs between Leeds and Kendal. The closest substantial motorways are the M62 at Bradford, the M1 at Leeds and the A1(M) at Wetherby.
This impressive, stone built, two storey corner terraced property briefly comprises;

The ground floor fish and chip shop includes; stainless steel serving counter, EPOS till, 3 pan gas range, behind which are ample stainless steel worktop areas, 4 pot Bain Marie. Leading through to the level potato preparation room with 'Rumbler' and chipper, fish fridge, separate fish preparation room with stainless steel preparation table, large single bowl stainless steel sink unit, w.c.

The interconnecting Cafe, purpose fitted to suit the trade includes; breakfast style seating for six to the perimeter, table with seating for four, salad bar display unit with under counter fridge/freezer.

The rear preparation kitchen houses; griddle, fat fryer, toaster and sink unit.

The self contained flat is located on the first floor of the premises, comprising briefly; lounge, separate kitchen, bathroom and two bedrooms.

Externally, the frontage is very attractive with six large picnic style tables, complete with parasols.