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Chippy in Affluent Location

Stamford, Lincolnshire
Leasehold Price:
£149,999
Status
FOR SALE
Advert ID
241640
Reference
B05165 / Rightbiz
Business
Hilton Smythe welcomes to the market Sid’s Golden Chippy, which is a traditional fish and chip shop which also serves pizzas and kebabs.

Sid’s is on Just Eat with 710 votes giving 4.5/6 reviews, there are also social media pages for Twitter and Facebook and the business is being sold with the website www.sidschippy.co.uk, where orders can be placed.

There are many reasons to buy Sid’s including

  • Affluent customer base with disposable income
  • Located in a large residential area close to schools
  • Strong footfall location
Hilton Smythe highly advise early viewing to avoid disappointment.

Leasehold £159,999 + SAV



Location
Sid’s Golden Chippy is located in the affluent market town of Stamford, Lincolnshire, which is just off the main A1.

In 2013 Stamford was rated as the best place to live in a survey in The Sunday Times and the town has a population of 19,701 as of the 2011 census. Sid’s is located in a highly populated residential area at the end of a parade of shops that include a hairdresser, newsagent and convenience store that bring in a high footfall.

Sid’s has been a fish and chip shop for many years and our clients is now looking to sell as they have moved out of the area.



Premises
Sid’s is set within a double fronted shop at the end of a parade in a highly populated residential area of Stamford.

There is free parking with no restrictions directly outside the shop for the whole parade.

The entrance door leads you to the foyer area with tiled floor, drinks chiller and further shelving for drinks.

The serving area has

  • 3 pan range with 3 food warmers
  • Menu board
  • Stainless steel serving counter
  • Under counter fridges
  • Bain Marie
  • Microwave
  • Fridge
  • Sink
  • Behind the serving area is the food preparation are with
  • Blodgett pizza oven
  • Lincat Bain Marie
  • Kebab spit
  • Grill
  • Under counter fridge
  • Fridges
  • Doorway through to the chipping room
  • Chipper
  • 4 ring hob
  • Preparation table
  • Sink
Past the chipping room is the storage area with potato store, door to staff WC, door to rear and further storage area to the rear.



Tenure
Sid’s is being sold as a leasehold business opportunity.

Our client will grant a new lease with an annual rent of £15,000



Hours
Sid’s is currently open

Monday – Saturday: 11.30am – 2pm & 4.30pm – 10pm

Sunday: 4.30pm – 10pm



Staff
The business is run and managed by several staff.



Financial Profile
Sid’s Golden Chippy generates an advised turnover of circa £330,000 per annum

The assets being sold with the business are worth in the region of £40,000

The average stock level is circa £2,000

 



Listing Details
Leasehold Price: £149,999
Tenure: Leasehold
Location: Stamford, Lincolnshire
Sector: Fish And Chips Shops, Take Aways Businesses
Financials
Annual Turnover: £330,000
Contact Agent
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Advert Reference: B05165 / Rightbiz
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