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Well Established Fish & Chip Shop

Rugeley, Staffordshire
Leasehold Price:
£99,995
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
246197
Reference
B05400 / Rightbiz

Details

Business
Hilton Smythe are pleased to have been given the opportunity to manage the sale of St. Michaels Fish Bar which is a well established Fish and chip shop with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

St. Michaels Fish Bar was founded approximately 12 years ago, and the current owner has run it successfully and lucratively for the last 8 years. The business has been a real labour of love for him and has accrued a fantastic reputation and many regular customers whilst under his ownership.

The business is now being sold, albeit reluctantly and with a heavy heart only due to the vendors wish to pursue a change of direction. He is keen to see his beloved fish and chip shop pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

St. Michaels Fish Bar offers an extensive takeaway menu including;
  • Chips (including battered)
  • Burgers
  • Southern Fried Chicken
  • Kebabs
  • Pies & Pasties
  • Sausages
  • Cold drinks
  • Lunchtime Specials
Food can be collected, or the business offers a delivery service.

The business is proud of its 5 star hygiene rating.

The sale will include the company Facebook page and the business enjoys great visibility on the internet via websites such as www.just-Eat.co.uk, www.yell.com, www.ordertakeaways.co.uk, www.bigreddirectory.com, www.192.com etc.

Scope to improve
  • Advertising and marketing campaign
  • Website ideally with an online ordering facility
  • Maximise the use of social media particularly Twitter and Instagram
  • Extend the opening hours
  • Introduce a customer loyalty card / scheme
Reasons to Buy
  • A well established business with an enviable reputation and many regular customers
  • Perfect trading position in an unusually busy parade with free parking
  • Low running costs with inexpensive rent and no business
  • All fixtures and fittings included making this a real ‘Turnkey ‘business opportunity
  • Ideal owner managed or partnership business
  • Current owner happy to offer a handover to ensure the continued success
  • Little or no competition locally
  • Priced to sell
Hilton Smythe highly advise early viewing to avoid disappointment.

This cracking little business is likely to attract considerable interest





Location
St. Michaels Fish Bar is located in Rugeley.
Rugeley is a historic market town in the county of Staffordshire. It lies on the north-eastern edge of Cannock Chase next to the River Trent and is situated between the towns of Stafford, Cannock, Lichfield and Uttoxeter. At the 2001 census the towns population was 22,724 increasing to 24,033 at the 2011 census.


Following many years of regeneration, several large industrial units have been built on the Towers Business Park, a brownfield site situated on the former ground of the Lea Hall Colliery. Amazon opened a 700,000 sq. ft fulfilment Centre creating between 700 and 900 full-time jobs as well as generating a large pool of seasonal work around Christmas. A new self sustaining village of a further 2000+ houses with amenities and sporting facilities as well as two new schools, a park and a Silicon Valley style business park have been proposed.

The major roads into Rugeley are the A460 from Cannock, and the A51 Lichfield to Stone. A new eastern bypass was opened in 2007 to facilitate the development of new employment areas on the former colliery site and to reduce congestion in the town centre.

St. Michaels Fish Bar is ideally positioned in a small but unusually busy and vibrant shopping arcade in the middle of a large residential housing estate. The business sits alongside other complimentary retail businesses such as a convenience store and thus benefits from high levels of footfall and passing trade along with regular custom

The business is beautifully presented and maintained with clear visible signage and distinctive black, upmarket livery. There is free on street parking immediately outside the premises.



Premises
St. Michaels Fish Bar occupies the ground floor of an inner terraced retail unit, is immaculately presented and briefly comprises;
Shop
With electric security shutter externally. Windows and glazed door to front creating a light, airy and inviting interior, beautifully presented with tiled floor and walls, long stainless steel counter with generous wrapping area and two pan range, twin Archway kebab machines, 6 pot Bain Marie.
Kitchen
Generous kitchen, stainless steel preparation tables, 4 ring gas hob, mic, stainless steel upright freezer, 4 camera CCTV monitor
Potato Room
With chipper and rumbler, fridge, wall mounted combi boiler, twin stainless steel sinks with useful storage beneath, perimeter shelving and ample floor storage space, door to rear
Yard
Secure yard with a detached potato storage unit.




Tenure
We are advised that St. Michaels Fish Bar is being sold as a leasehold business opportunity.

The existing 10 year council lease has approximately 8 years remaining and and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The current rent is £5000 per annum which is incredibly reasonable given the size and location of the premises.

We are advised that the business benefits from being exempt from business rates



Hours
Monday to Saturday 12.00 – 14.00, 16.30 – 22.00
Sunday Closed




Staff
The business is run and managed by our client with the part time help of his wife, a part time driver and a further part timer.



Financial Profile
St. Michaels Fish Bar generates an advised current turnover of circa £182,000 per annum.



Seller Details
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Listing Details
Leasehold Price: £99,995
Tenure: Leasehold
Sector: Fish And Chips Shops, Take Aways Businesses
Financials
Annual Turnover: £182,000
Location Statistics
What's nearbyi:
Patisserie Valerie in Solihull (approx. 0 mile)
Rugeley Kebab House (approx. 0 mile)
Post Office (approx. 0 mile)
Rugeley Police Station (approx. 0 mile)
Royal Mail Group Ltd (approx. 0 mile)
H.S.Johnson (approx. 0 mile)
Contract & Tenders (approx. 0 mile)
Creature Comforts (approx. 0 mile)
Victory Christian Centre (approx. 0 mile)
W H Smith (approx. 0 mile)
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