For Sale

Traditional Fish & Chip Shop Excellent Trading Location

Cannock, Staffordshire

£59,995 +SAV

Ref: B04949

Contact sales negotiator

Kai Pollitt-Parry

01204556303

Email Kai Pollitt-Parry

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Description

Hilton Smythe welcomes to the market Cardinal Fish & Chips.



Cardinal Fish & Chips was founded approximately 16 years ago, and the current owners have run it successfully and lucratively for the last 6 years or so and the business has flourished under their ownership.



The business is now being sold, albeit reluctantly and with a heavy heart only due to personal circumstances and a wish to pursue other business interests. They are keen to see their beloved business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.



Cardinal Fish & Chips is a traditional Fish and Chip Shop selling;



• Fish

• Chips

• Sausage and saveloys

• Pizzas

• Cheese & onion fritters

• Pasties and pies

• Burgers

• Naan Kebabs

• Chicken

• Kebabs

• Kids Meals

• Cold drinks

• Lunchtime Specials



The business has many regular customers and enjoys a brisk lunchtime trade from the local businesses that are within walking distance. The business offers a delivery service, to WS11 and WS12, which is proving popular and has impacted positively on turnover



Cardinal Fish & Chips enjoys good visibility on the internet via sites such as www.yell.com, www.just-Eat.co.uk, www.thomsonlocal.com, www.118118.com, www.tastyfind.co.uk etc.



Reasons to Buy



• A well-established business with an enviable reputation and many existing customers

• Perfect trading position on a main road with loads of free parking.

• Current owner happy to offer a handover to ensure the continued success

• Low running costs with inexpensive rent and no business rates

• Ideal owner managed or partnership business

• All fixtures and fittings included making this a real Turnkey business opportunity

• Priced to facilitate a quick sale.



Hilton Smythe highly advise early viewing to avoid disappointment. This lovely little business is likely to attract considerable interest.

Tenure

Leasehold

We are advised that Cardinal Fish & Chips is being sold as a Leasehold business opportunity.



The existing lease has approximately 8 years remaining, and the landlord would be happy to negotiate a mutually acceptable lease with a new owner.



The rent is £12,996 per annum which is really reasonable given the size and location of the premises.



We are advised that the business benefits from being exempt from business rates.

Hours

Monday to Saturday 12.00 pm – 10.00 pm

Sunday Closed

Staff

The business is run and managed by our client with the help of three part time members of staff and a delivery driver.

Financial Profile

Cardinal Fish & Chips generates an advised current turnover of circa £140,000 per annum but it needs to be appreciated that the business is currently being run at a pace to suit and has enjoyed higher turnover previously.

Location

Cardinal Fish & Chips is Located in Cannock in Staffordshire.



Cannock is the most populous of the three towns in the district of Cannock Chase and at the 2011 census had a population of 28,018. Cannock lies to the north of the West Midlands conurbation to the south of Cannock Chase, an Area of Outstanding Natural Beauty (AONB). Cannock forms part of the Cannock Built-up Area (population 86,121 at the 2011 census) which also includes Cheslyn Hay, Great Worley, Hednesford, Huntington, Heath Hayes and Wimblebury.



Cannock is Located close to the M6, M6 toll and M54 motorways. There is an extensive network of local buses radiating out from Cannock town centre.



The town’s main bus operator is Arriva Midlands, who operate the majority of services to and from Cannock bus station. Cannock Railway Station is part of the Rugeley-Cannock-Walsall-Birmingham line operated by West Midlands Trains. There are two trains per hour from the station to Rugeley, Walsall and Birmingham. The journey time to Birmingham is about 45 minutes.



Cardinal Fish & Chips is perfectly positioned in the centre of a small but unusually busy and vibrant shopping parade alongside other complimentary retail businesses such as a convenience store and vintage goods store.



The shopping parade fronts a busy main road and the business thus benefits from high levels of footfall and passing trade.



The business is nicely presented and maintained with clear visible signage and distinctive livery. There is free off-street parking immediately outside the premises.

Premises

Cardinal Fish & Chips occupies the ground floor of an inner terraced retail unit, is nicely presented and briefly comprises;



Shop



• Window and glazed door to front creating a light, airy and inviting interior

• Vinyl non-slip flooring

• Inset ceiling lighting

• Feature illuminated menu boards

• Bespoke counter running the width of the shop with till

• Card Machine

• Generous wrapping area

• 2 pan range with chip boxes

• Twin Slush machine

• Twin slot toaster

• Stainless steel cladding to rear walls

• Stainless steel preparation tables with 4 pot Bain Marie

• Twin Archway Kebab Machine

• Single Kebab Machine

• Full extraction system with stainless steel canopy

• Microwave oven

• Griddle

• Glass fronted serve over counter to one side with 8 pot salad bar

• Glass serve over counter

• Heated warming cabinets



Kitchen



• To the rear of the main shop

• Generous catering kitchen

• Long chest freezer

• Upright fish fridge

• Range of base units with complimentary worktop

• 4 burner gas hob

• Panasonic microwave oven

• Hobart mixer

• Beko Fridge freezer

• Stainless steel upright freezer

• Further chest freezer

• Wash Up Area with deep stainless-steel sink

• Drainer with spray tap

• Wall mounted water heater

• Separate stainless-steel hand wash basin with soap

• Paper towel dispenser



Potato Room



• Window to rear

• Chipper and rumbler

• Tiled floor

• Potato storage



The premises are secured by a 4 camera CCTV system.

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