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Popular Fish & Chip Shop With Accommodation

Cleethorpes, Lincolnshire
Freehold Price:
£159,950
Status
FOR SALE
Advert ID
166345
Reference
2929 F / Rightbiz
Business
•There is little competition in the area, only one takeaway.Hilton Smythe is delighted to welcome to the market this well-established and very popular fish and chip shop in Cleethorpes, North East Lincolnshire. The business was originally established as a fish & chip shop over 100 years ago. The concern has been in our clients’ careful ownership for the past 9½ years and is only now being offered to the market due to our clients’ desire to take semi-retirement. The business currently operates 5 days per week and according to accounts ending March 2017, the fish & chip shop generates a turnover in the region of £57,000 per annum, with a gross profit of approximately 68%. Our clients offer a variety of traditional chip shop fayre including fish and chips, sausages, pies, burgers, onion rings and fritters, to name a few. The property has been maintained to a very high standard with a spacious waiting and service area, a large rear preparation room and owner’s dining room and kitchen to the ground floor, as well as a lounge, bathroom and three bedrooms to the first floor. The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. We feel there is scope to increase the turnover by extending the opening hours of the business. A new owner could also introduce a delivery service within the area or embark on a modest marketing campaign to promote the goods and services offered. There is also scope to join popular websites such as Just Eat. This is an excellent opportunity for a new owner to take this already thriving fish and chip shop business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Location
County Fish & Chips occupies substantial two storey premises, ideally located within the popular seaside town of Cleethorpes, North East Lincolnshire. The business is situated within a parade of complimentary shops and businesses on the very busy A180, therefore benefiting from a very high volume of footfall and passing trade. The area of the property is surrounded by densely populated residential districts, from which the business derives much trade. The business further benefits from free on-street parking facilities within the area. Cleethorpes is a seaside resort on the estuary of the Humber in North east Lincolnshire. According to the 2011 census, the town had a residential population of 40,000. Cleethorpes has changed immensely over the last few years and now offers entertainment, excellent attractions and events throughout the year, and the beach was awarded a blue flag for the cleanliness of the bathing water in 2013. The area of the fish and chip shop is very well served by the public transport system, with a bus stop directly outside the property. Cleethorpes railway station is approximately one mile away. The area is also well served by the A-roads, with the business being located on the A180, which links to the national A-road and motorway networks. Grimsby is approximately 2 miles away and Scunthorpe is 29 miles away.

Premises
Substantial two storey premises in an ideal trading location, briefly comprising: Ground floor with: Service and waiting area with: Seating.3 x pan fish and chip range.Serve over counter with electronic cash register.5 x pot Bain Marie with cabinet.Upright drink refrigerator.Stainless steel shelving. Rear preparation room with: 2 x stainless steel preparation tables.Double bowl sink unit.Fish refrigerator.Upright freezer.4 x burner cooker.Microwave oven.Fat filter.Extraction system. Owners accommodation: Dining room.Fully fitted kitchen.WC. First floor with: Large lounge with bay window, gas coal effect fire and newly fitted carpet.Main bedroom with fitted wardrobes.Single bedroom.Double bedroom.Bathroom with shower over bath. External with: Outbuilding potato room with potato rumbler, chipper, chest freezer, fish refrigerator and rear doors for deliveries.Rear courtyard with bin, washing area and access to outbuilding.Street frontage with layby and pedestrian crossing.

Tenure
We are advised Freehold with a peppercorn rent of just £9.50p per annum.

Hours
The business is open: Monday - Wednesday: ClosedThursday: 11:30am – 1:30pm & 3:30pm – 7pmFriday: 11.30am – 7.00pmSaturday: 11.30am – 6.00pmSunday: Closed

Staff
The business is owner run and managed with 2 x part time staff members.

Financial Profile
According to accounts ending March 2017, the fish & chip shop generates a turnover in the region of £57,000 per annum, with a gross profit of approximately 68%.

Listing Details
Freehold Price: £159,950
Tenure: Freehold
Location: Cleethorpes, Lincolnshire
Sector: Take Aways Businesses
Financials
Annual Turnover: £57,353
Key Features
  • Established Business
  • Prime Location
Contact Agent
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Advert Reference: 2929 F / Rightbiz
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