Sold

Well Loved Chip Shop Within The Community

Chorley, Lancashire

£35,000 +SAV

Ref: B04616

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Description

Hilton Smythe is delighted to introduce to the market The Friary at Coppull.Established over 13 years ago, this family run business operates from a modern premise, this shop has been totally refurbished throughout by current owner and fitted with a high level of equipment and modern furnishings. There is demand for extended hours during the week, whilst opening at weekend. Due to health issues the price has been reflected for a quick sale. The Friary at Coppull 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 excellent location.

This traditional fish and chip restaurant and take away has an outstanding reputation for the quality of produce all freshly prepared on-site. The restaurant is immaculately presented. The business has features on social media to promote awareness of the business.

Early viewing of this long-established business in a prime location is highly recommended.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold.Original lease length: 25 years.Remaining lease length: 12 years as of 2018.Rent: £9360 per annum.

Hours

Monday to Friday 12pm till 2pm then 5pm till 8pm(No weekend openings).

Staff

The business is currently run by our client with the help of 4 part time self-employed members staff.

Financial Profile

The Friary at Coppull generated an advised turnover of circa £83,425 as of the 2017 accounts, with a gross profit of £47,277.

Location

The Friary at Coppull is located in Chorley which is a market town in Lancashire, 8.1 miles north of Wigan, 10.8 miles south west of Blackburn, 11 miles north west of Bolton, 12 miles south of Preston and 19.5 miles north west of Manchester.The business occupies a great position at the heart of the community, on the high street that benefits from high volume of passing traffic, as well as being well placed for surrounding densely populated residential areas, local businesses, pubs and nearby schools. The area is well served by the public transport system, with several bus stops within easy walking distance of the property.

Premises

Well presented throughout, this business occupies the ground floor of a two-storey end of terrace unit, with rendered front elevation and distinctive signage above the glazed shop front and central entrance. The main shop has tiled floors and plastic clad walls throughout, whilst the traditional stainless-steel counter range and counter faces the shopfront. There is an open plan wet room area to one side, which has unique branding and signage promoting local fresh produce. A door to the rear leads to a central preparation section, of which there is a small storeroom plus the staff washroom and exit to the small enclosed rear courtyard. Most equipment is less than 3 years old and was installed as new, whilst the range was fully refurbished. • 3 pan counter range• Electronic till• 4 pot bain marie• Glass fronted drinks fridge• Stainless steel fish fridge• CCTV system (with wi-fi and remote access)• 2 microwaves• Tall freezer and refrigerator• Integral gas hob• Fryer cleaner• Chipper and peeler

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