| | | FISH AND CHIP SHOP | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 9,490 TIME(S)
BUSINESS REFERENCE : 1997 / RightBiz | | | | | | FISH AND CHIP SHOP - NOTTINGHAMSHIRE Huge growth potential currently only daytime trading Quality location close to residential and industry | | | BUSINESS LOCATION: | Sutton in Ashfield Nottinghamshire UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fish & Chips Shops | | SALE: | Agent Sale | FREEHOLD: | £179500 | | | | | | | | | | | BUSINESS DETAILS: | FISH AND CHIP SHOP - NOTTINGHAMSHIRE
Huge growth potential currently only daytime trading
Quality location close to residential and industry
Well established and highly regarded business
Early viewing essential to fully appreciate
Possible sale of adjoining property
Scope for further development
£62,000 pa from limited hours
1 bedroom flat on first floor
FREEHOLD
Location
This superb fish and chip shop is located on a main through road to the centre of the busy Nottinghamshire town of Sutton in Ashfield. The business has an ideal location as it is close to a large residential area which consists of terraced and semi-detached properties plus an industrial estate that has a large number of light industry companies. Sutton in Ashfield is a growing and bustling town with close links to nearby Mansfield and Kirkby in Ashfield all of which offer the main facilities to include banks, Post Office's & schooling. The business enjoys a monopoly trade and is the only fish and chip shop to service this large catchments area. Sutton in Ashfield has strong road links via the A60, A38 and M1 motorway.
Business History
Meridian Business Sales are delighted to offer to the market this superb fish and chip shop which has been in the careful hands of our clients since 1995. The only reason our clients have put the business onto the market is their desire to take a well earned retirement. Since our clients took over the business they have embarked on a full refurbishment program to all areas of the fish and chip shop culminating in a true walk-in and trade opportunity. Our clients have continually developed and improved the business by introducing new income streams to include kebabs and burgers all of which has improved the turnover and profits of the business. Our clients inform us that the current turnover is £62,000 pa with a gross margin of 65% this is derived from the sale of quality fish and chips and associated foods. The business has a strong reputation within the local community and as such has high levels of repeat trade from a loyal clientele. Meridian Business Sales urge early viewing to appreciate the quality and growth potential of this business.
Financial Profile
Turnover: £62,000pa
Gross profit: 65%
Stock approximately: £500
Tenure
We are advised freehold
Opening Hours
Monday: 11:30am - 2:00pm
Tuesday: 11:30am - 2:00pm
Wednesday: 11:30am - 2:00pm
Thursday: 4:00pm - 7:00pm
Friday: 4:00pm - 8:00pm
Saturday: 11:30am - 2:00pm
Sunday: Closed
Accommodation
Well maintained and presented terraced Victorian property over 2 floors under a pitched roof.
GROUND FLOOR
Main entrance with glazed door leading to:-
Open plan trading area with tiled flooring and walls
2 pan frying range with glazed top warmer section
Sales counter with cash register
Overhead menu and pricing boards
4 pot Bain-Marie
2 x microwaves
Pancho grill
2 x kebab grills
3 x upright fridges
Rear preparation room with work surfaces
Kitchen with a range of base units and stainless steel sink
Chipping and storage area with rumbler and chippers
FIRST FLOOR
Large landing
1 x double bedroom
1 x large lounge
1 x bathroom with 3 piece suite
1 x central heating boiler newly fitted
Staircase to attic room.
SECOND FLOOR
Attic room with Velux roof window and under eaves storage.
EXTERNAL
Rear courtyard with access to the street | | | | | | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 1997 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
