Leasehold Fish & Chip Shop, Tidworth, Wiltshire | | Undisclosed Wiltshire | | Fish & Chip Shop/Restaurant Tidworth, Wiltshire A/T: £260,000 GP: 55% Thriving Business. Enormous Potential. Large Car Park. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 18678
ADVERT IMPRESSIONS : 60,408 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fish & Chips Shops | | SALE: | Agent Sale | LEASEHOLD: | £349,999 + SAV | ANNUAL RENT: | £41,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Tidworth Golden Fish Bar enjoys a prominent trading position on the busy main Pennings Road, which runs through the prosperous and well-populated village of Tidworth, on the Wiltshire and Hampshire border. The village has a population of approximately 9,500 and is a sought after place in which to live and trade, as it contains a wealth of complementary shops and businesses. Nearby are the historic centres of Andover (12 miles) and Salisbury (6 miles), which have a good mix of schools and some of the best leisure facilities available. The business draws its trade from the surrounding area as well as from the nearby large Army base. Tidworth is set in stunning rolling countryside and also benefits from excellent links via the nearby major roads the A338, A3026 and the A342.
Bag a Business is pleased to offer for sale this thriving fish and chip restaurant, which has 32 covers and benefits from a completely separate take away and waiting area. Tidworth Golden Fish Bar was established in the 1980s and has been under the proud ownership of our client since 2005. It is now reluctantly being placed on the market due to ill health. The business is run by our client with help from a dedicated team of 2 full-time and 3 part-time members of staff (average weekly wage bill £800), and achieves a turnover of £265,000 per year whilst enjoy an average gross profit margin of 55%. We are advised that, with very little extra effort, takings could easily be increased to £350,000 - £400,000. This is further enhanced by the two self-contained one-bedroom flats above, which would easily convert to provide spacious owners' three-bedroom accommodation. Tidworth Golden Fish Bar enjoys an excellent local reputation for both its excellent food and its spotlessly clean restaurant. We feel that this that this opportunity represents an ideal base for a new owner to build upon and advise early viewing of this thriving business.
FINANCIAL DETAILS
W/T: £5,000 approx.
GP: 55% approx.
OPENING HOURS
Mon - Sat: 8.30am - 11.00pm
Sun: 3.00pm - 10.30pm (Takeaway only)
ACCOMMODATION DETAILS
Well presented detached two-storey premises. Briefly comprising:
GROUND FLOOR
Take away and customer waiting area with own entrance housing a range of heated and chilled display. Four pan range with heated top boxes.
Glazed conservatory style restaurant with own entrance currently accommodating 32 covers.
Fully fitted commercial catering kitchen with extraction
Preparation area
Chip preparation area containing a chipper and rumbler
Potato store with walk in freezer
Store room
Customer toilet
FIRST FLOOR
Flat One
Lounge
Bedroom
Bathroom
Flat Two
Lounge
Bedroom
Bathroom
EXTERNAL
Large car park for approximately 25 cars
Storage container
TENURE
Original lease length: 15 years
Remaining lease length: 12 years
Review every: 5 years
Rent: £41,000 per annum
| | | | | | FOR SALE | | | | | REFERENCE: | 10556 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
