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Fish And Chip Shop In Scarborough North Yorkshire

Scarborough North Yorkshire
Fish & Chip Takeaway & Restaurant Scarborough, North Yorkshire T/O: £120,000 GP: 65% Town centre location 3-bed owners' accom 80 cover restaurant Huge scope
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 67617
ADVERT IMPRESSIONS : 13,727 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Fish & Chips Shops
SALE: Agent Sale

LEASEHOLD:

£69,999
 

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BUSINESS DETAILS:

Location
Naylor's Fish & Chips occupies a prominent trading position in the heart of the town centre of Scarborough, North Yorkshire. The fish and chip shop is surrounded by a wide variety of complementary shops and businesses and benefits from a high footfall and much passing trade. There is ample car parking in the area and there are several bus stops in the vicinity, while the railway station is within easy walking distance. Scarborough is the most popular coastal resort in Yorkshire, drawing visitors from all parts of the country. The resort's wide sandy beach is just a short walk away from the business and there is a wealth of guest houses and hotels in the area. Scarborough lies between Whitby to the north and Bridlington to the south and is easily accessible via the A64 York road.

Business History
Preferred Commercial is pleased to offer for sale this popular town centre fish and chip shop and 80-cover restaurant, which was established in the 1980s and which has been in our client's hands since 2009. The business is only now being placed on the market due to our client's wish to relocate. Naylor's Fish & Chips operates 6 days a week and generates a turnover in the region of £120,000 per annum with a healthy gross profit of 65%, derived from the sale of quality traditional fish and chips to eat in or to take away. A new owner could increase turnover by extending the opening hours into the evening and perhaps open on Sundays to take advantage of the day tripper market. There is also scope to offer a wider menu to include fried chicken, pizza and kebabs. We feel the business would benefit from a website advertising the menu and perhaps, from offering a delivery service. The business benefits from a 3-bedroom flat on the first and second floor, which could be used as owners' accommodation or let out to generate further income. We feel this represents an ideal opportunity to acquire a thriving fish and chip restaurant and takeaway set in the heart of Scarborough. Early discussions with Preferred Commercial are highly recommended.

Financial Details
T/O: £120,000 approx.
GP: 65%

Opening Hours
Mon - Fri: 11.30am - 6.00pm
Sat: 11.30am - 7.00pm
Sun: Closed

Accommodation Details
4-storey mid parade takeaway and restaurant premises with 3-bedroom flat above. Briefly comprising:

Ground Floor
• Large takeaway area with frying range
• Restaurant area with 56 covers, recently refurbished to a high standard
• Small commercial kitchen

Lower Ground Floor
• 24-cover restaurant area
• Commercial kitchen with stainless steel work surfaces, refrigerator, chipper, 6-burner hob and oven, deep fryer, blender and wash up area

First & Second Floors
Private accommodation, briefly comprising:
• Large lounge
• Kitchen
• Bathroom
• 3 x bedrooms

External
• Yard to rear

Tenure
Leasehold
Original length: 15 years
Remaining: 9 years
Review: every 3 yeas
Rent: £18,000 per annum
   
  FOR SALE
   

REFERENCE:

2693 / RightBiz
   
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