Busy Fish And Chip Shop In Northam Devon | | Northam Devon | | Fish and chip shop Northam, Devon T/O: £100,000 GP: 56% Huge scope Well-equipped Prime location Loyal customer base 2-bedroom flat | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68095
ADVERT IMPRESSIONS : 9,807 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fish & Chips Shops | | SALE: | Agent Sale | FREEHOLD: | £230,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Northam Fish Bar occupies substantial 3-storey semi-detached premises, ideally located in the heart of Northam, Devon. The premises are close to the town's amenities and are surrounded by a wealth of complementary shops and businesses. The business boasts a prominent trading position close to a number of bus stops and surrounded by numerous residential properties, from which it draws much trade. The town is a popular seaside resort just a short drive from Exmoor National Park and is also a highly desirable place in which to live and work. The business boasts easy access to the A-road network including the A39 and the A386. Barnstaple is approximately 8 miles away, while Okehampton lies 26 miles away.
Business History
Preferred Commercial is delighted to offer for sale this busy fish and chip shop, which was established in 1970 and which has been in our clients' careful hands since 1991. The fish and chip shop is only now offered to the market due to our client's wish to retire. The business trades 6 days a week and generates a turnover in the region of £100,000 per annum with a gross profit of 56%, derived from the sale of traditional fish and chips. We feel the turnover could be further increased by extending the range of food offered and perhaps introducing a delivery service. There is also the opportunity to increase the opening hours and embark on a modest marketing campaign. The business has a large customer base and enjoys much repeat trade and word of mouth recommendations. The premises are well-equipped and have been finished to a high standard throughout. There is also spacious self-contained 2-bedroom owners' accommodation to the first and second floors, which could be let out to generate additional income. This is an ideal opportunity to acquire an already busy fish and chip shop with scope for future growth. Early viewing is recommended.
Financial Details
T/O: £100,000 approx.
GP: 56%
Opening Hours
Mon: 5:00pm to 10:00pm
Tues - Sat: 12:00pm to 1:30pm and 5:00pm to 10:00pm
Sun: Closed
Accommodation Details
Substantial 3-storey takeaway premises with self-contained 2-bedroom owners' accommodation. Briefly comprising:
Ground Floor
• Spacious serving area with drinks chiller and stainless steel servery
• Behind counter area with 2-pan frying range and electronic cash register
• Kitchen with potato store area, 2 x chest freezers, fish refrigerator, 3 x microwave ovens, chip rumbler, chipper and sink
First Floor
• Kitchen
• Lounge
• Bathroom
Second Floor
• 2 x double bedrooms
External
• Garden to rear
• Shed
• Outbuilding/workshop
• Decking area
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2736 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
