Renowned Fish & Chip/Chinese Takeaway in Morecambe for Urgent Retirement Sale
Morecambe, Lancashire
- Status
FOR SALE
- Date Submitted:
28/12/23
- Advert ID
604375
- Leasehold: £49,990
- Rent: £21,000
- Turnover: £364,000 (£7,000 Per week)
- Net Profit: On request
Key Features
- Accounts Available
- Prime Location
- Established Business
- High Turnover
- Attractive Business
- Price Reduced
- Retirement Sale
- Offers Invited
- Close to Local Amenities
- New Lease
- Fully Fitted
- Potential for Alternative Use
Business Details
Urgent Retirement Sale Well Established Fish & Chip Shop Chinese Takeaway for Sale in Morecambe
Urgent Retirement Sale: Well-Established Fish & Chip Shop/Chinese Takeaway
We have dropped the price as poor health has forced a quicker retirement sale.
An exceptional opportunity has arisen to acquire a highly reputable and profitable Fish & Chip shop/Chinese Takeaway, located in a prime position on a busy main road near the up-and-coming town of Morecambe. This family-owned business has been serving the community for 25 years, earning a stellar reputation with a 4.6 rating on Foodhub across over 700 reviews.
Key Features:
• Excellent Location: Situated on a busy main road, ensuring high footfall.
• Loyal Customer Base: A testament to quality and service.
• Outstanding Ratings: Consistent 5-star hygiene ratings and strong online presence.
• Accommodation Included: Spacious 4-bedroom flat above the shop.
• Financial Advantage: Benefitting from no business rates.
Business Highlights:
• Weekly Takings: £7000 with significant potential for growth.
• Operating Hours: Trading just 5 days a week (5pm-10pm) – ample scope to extend hours.
• Lease Terms: Attractive 15-year lease available.
• Rent: £1750 PCM.
• Asking Price: £49,950 (Negotiable - Offers Invited).
This is a genuine retirement sale, presenting a fantastic opportunity for a new owner to take over a well-established, turnkey operation with a solid foundation and scope for expansion. Don't miss this chance to own a thriving business in a growing area.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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