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Popular Fish & Chip Shop on the Isle of Skye

Broadford, Scottish Highlands
Freehold Price:
£350,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
222932
Reference
Waterfront Chip Shop / Rightbiz

Details

DESCRIPTION
The Waterfront is a most popular fish & chip shop and takeaway, with an excellent reputation, situated in a prime trading location with a large frontage on to the busy A87 within the town of Broadford.  The business enjoys a stunning setting with views over the inner sound to Applecross and Lochcarron. To the front of the property on the shore, is a grassed area, with various benches and picnic tables and a large car park which although not belonging to the business are very convenient for use by customers.

The takeaway caters to a strong year-round demand from local residents and passing business persons, with tourists significantly enhancing turnover during the spring and summer seasons. Waterfront provides both traditional fish and chip meals from lunchtime onwards as well as a full range of fresh snacks from very early morning including breakfast rolls, homemade cakes, paninis, toasties, pies and freshly prepared rolls to takeaway.  Wherever possible food is sourced locally or regionally to ensure a better product for customers.

There is a wide range of equipment all in new or good condition. The range is a Kiremko three pan high efficiency range which is approximately nine years old and is fully serviced. The high efficiency pan was replaced in 2017.

The business is an easy-to-operate venture with a simple but highly effective trading model, being presented in excellent condition with modern facilities plus superb catering equipment provision. The business has an enviable trading reputation on the Isle and people travel many miles to partake in their fare, as evidenced by the recent nomination for takeaway of the year.

REASON FOR SALE
The current owners have traded the business very successfully for seven years and have many ideas on how they business could expand even further.  However the decision has been taken to retire and let younger motivated new owners take this business to the next level.

THE PROPERTY
The property is of traditional brick construction and is all on one level.  The main building hosts both the takeaway and the retail unit located to the right hand side.  There is a ramp which allows wheelchair access.  Located behind the property and accessed via a shared drive is a large secure outbuilding which is used for potato preparation, dry and frozen storage and laundry facilities.

LOCATION
The Isle of Skye is a popular tourist destination for many, many reasons. The nearby Cuillin Mountains offer a strong attraction to walkers and climbers alike. However other less strenuous interests also attract a significant number of visitors including; fishing, golf and genealogy. The area is renowned for its breathtaking scenery, stunning beaches, distilleries, castles and numerous other historic sites which lure a constant stream of visitors to this special Island. Waterside Takeaway is next to the junction to Elgol with its many busy boat trips and stunning view points of the Cuillins

Nestled beneath the motherly shape of Ben na Calliach (the hill of the old woman) lies the central village of Broadford. The name bears an interesting reflection on the political history of the island. Broadford originally came from the Old Norse Breiðafjorðr meaning ‘wide bay’ but has been retrospectively translated into Gaelic as An t-Àth Leathann, meaning the ‘broad river-ford’. The second largest settlement in Skye, this long meandering village historically consisted of the few buildings on either side of the Broadford River, but the many small townships around the wide sweep of the bay have grown together and Broadford now stretches for a mile and a half around the bay.

Adventurous visitors can hire bicycles, take kayaking lessons or go on a sea plane trip. There are also many well maintained and easy walks in the area. The soft rocks of the bay hold a wealth of Jurassic fossils easy identified by amateur collectors and the Ranger service organise activities throughout the summer.

TRADING AREAS
The main shop is split into two distinct sales areas; the fish and chip shop and the takeaway. Just inside is a seated area with 2 tables and 6 chairs plus a free-standing self-service refrigeration cabinets and racking, displaying snacks. To the front is a service counter and a refrigeration unit displaying a variety of produce.  In addition to the afore-mentioned items hot foods are served from the kitchen located immediately to rear. This sales area is supported with clear signage and its own electric till.

The fish and chip takeaway area is located to the left and certainly achieves the majority of turnover. With a large service counter and its independent till, this modern food production business is presented in pristine condition. It has an excellent standard of décor with modern stainless steel units, extraction unit, and coved industrial flooring. A very good level of lighting is supplemented with large windows to the front providing not only natural illumination but a good view into an outstanding business from passersby.

OPENING HOURS
06:30 – 20.00 - 21:00, Monday – Saturday, closed Sundays.  There is scope to increase turnover by opening on Sundays or extending the hours before closing.  Currently closing time is between 8pm and 9pm depending on the time of year.

SERVICE AREAS
To the rear of the subjects is a spacious secure storage facility which boasts excellent dry storage, and ample chest freezers. A food preparation bench with a potato rumbler and mechanical chipper supplements this area. The kitchen to the rear of the main retail areas is a modern facility with a fully effective extraction unit. The kitchen has a 6-ring cooker and excellent stainless steel preparation areas, supported with yet more storage facilities. All fittings have been fitted to the highest standards. There are staff facilities to the rear.

SERVICES
The Shop benefits from mains electricity, water and drainage. Heating and hot water is by way of an electric boiler and there are a couple of radiators. LPG gas is used for cooking. The premises benefits from modern security and fire alarm systems.  The retail unit next door is serviced from the main area and there is no separate electric meter etc for this area.  The running costs are included in the rental.

LEASED UNIT
The unit to the left of the building is currently let out on a five year lease.   Full details of the lease can be made available to interested parties.  The shop contributes a rental of £6500 per arum.

TRADE
Detailed accounting information will be made available to seriously interested parties.  Turnover 2017-18 £392,000 net of VAT with consistently sound profitability. Work is due to start on the new hospital in Broadford next year and there is a  new camp site opening in Broadford in the next few weeks both of which are bound to  increase trade over the next few years.

PRICE
Offers over £350,000 are invited for the freehold interest, complete with goodwill and trade contents (according to inventory).

EPC RATING 
The property has an energy performance rating of G.

Listing Details
Freehold Price: £350,000
Tenure: Freehold
Sector: Fish And Chips Shops, Take Aways Businesses, Investment Properties
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
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The data showed regarding this advert 'Popular Fish & Chip Shop on the Isle of Skye - Waterfront Chip Shop / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.