| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 5,104 TIME(S)
BUSINESS REFERENCE : 8978 / RightBiz FREEHOLD: FISH AND CHIP SHOP/LICENSED RESTAURANT FOR SALE IN GWENT | | | | | | Fish and Chip Shop Licensed Restaurant Gwent Prime Location. Well Establsihed. Excellent investment Opportunity. Ref: 8978 | | | BUSINESS LOCATION: | Undisclosed Gwent UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fish & Chips Shops | | SALE: | Agent Sale | FREEHOLD: | ££549000 + SAV | | | | | | | | | | | BUSINESS DETAILS: | Location
The Fish Bar and Restaurant is ideally located in the heart of this Welsh town. Its location is on a street which forms part of the one way system through the centre of town providing the fish bar with a high degree of passing trade. There is ample free parking directly outside and in the surrounding streets. The fish bar and restaurant is surrounded by houses, providing an ideal client base. The town has easy access to Pontypool, Abertillery and the M4 motorway at junctions 27 & 28 linking to Newport and Cardiff making this a popular area with commuters.
Business History
Bag A Business is delighted to offer for sale an excellent fish bar and licensed restaurant. Established for over 70 years it has been in our client's careful ownership since 2006 and has only come to the market due to family relocation. Our client has invested over £100,000 on improvements with the creation of a 20 cover restaurant and the purchase of new equipment including a 3 pan illuminated range and illuminated menu boards, rewired and new heat and smoke sensors. The fish bar and restaurant has an excellent reputation using only top quality fish and potatoes, offers a set meal and sweet along with specials of the day. The business benefits from occupying 2 freehold properties, which interconnect with 2 self contained flats, one 3 bedroom flat above the chip shop and one 2 bedroom flat above the restaurant, both rented out on a 6 month short hold tenancy agreement at £425 and £300 per month respectively. This is rare opportunity to acquire a very successful business with the added benefit of being an investment property that has been meticulously maintained and we would urge an early inspection.
OPENING HOURS
Mon - Thur: 12.00pm - 2.30pm 4.30pm - 9.30pm
Fri - Sat: 12.00pm - 9.30pm
Sun: Closed
PROPERTY DETAILS
Two substantial, 2 storey freehold terraced properties comprising fish & chip shop, restaurant and 2 flats above. The shop has been rewired with new heat and smoke detectors and benefits from a new burglar alarm and security system.
GROUND FLOOR
Takeaway with 3 pan Preston & Thomas illuminated range, new in April 2007, electronic cash register with back office facility, 2 microwave ovens, bottle display fridge, two 4-pot Bain Marie's and illuminated menu boards above.
20 cover restaurant with wooden tables and chairs, laminate flooring.
Kitchen area with Euro Grill rotisserie, plate warmer, 4 compartment freezer, merlin top fry oil extractor, display freezer, refridgerater, 1 commercial refridgerator, 1 commercial freezer, stainless steel fish fridge and new 7 camera CCTV system.
Wet room with 3 freezers, new AMC chipper, new Bold rumbler and new Bold batter mixer.
Toilet and wash room
FIRST FLOOR
One 3 bedroomed flat
One 2 bedroomed flat
TENURE
Freehold | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8978 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
