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POPULAR FISH & CHIP SHOP BY THE SEA

Undisclosed, West Sussex
Leasehold Price:
£47,500
Status
FOR SALE
Advert ID
246704
Reference
91081-388008 / Rightbiz

Transworld Business Advisors is pleased to offer for sale this modern fish and chip shop which offers traditional fish and chips.

The shop is well equipped with a quality 2 pan Martyn Edwards counter range. The front of the shop has attractive bi-folding doors which enables the whole front of the shop to be open on warm days or just a single door on colder days. Behind the shop there is a large kitchen, an office, storage room with freezers, potato room and a covered yard with rear access.

A small amount of outside seating is also available.

The shop is located in a parade of shops in a large residential area a few hundred yards from the beach and walking distance from the town centre. The excellent location attracts a high volume of footfall as people walk to and from the beach and to and from the town centre. The bi-folding doors make the shop particularly attractive in the spring and summer months.

Currently the shop is run by the owner and a part-time staff member. The owner has run the shop for fourteen years during which time it has become part of the local community. As the owner is seeking to retire, he has reduced opening hours to four days.

As the shop is so well established no marketing activity is undertaken.

By adding marketing, increasing open hours and expanding the menu considerable growth could be added to the already solid base that the business provides.

A new sixteen year lease will be offered with four year rent reviews and a starting rent of £9,000 pa. 

The business is zero rated.

We have been advised that weekly turnover is approximately £1,400 per week with reduced opening hours and was previously over £3,000 per week with potential to reach £4,000.

This is a fantastic opportunity to own a traditional business rooted in English culture and history situated in a fantastic location
 

Listing Details
Leasehold Price: £47,500
Tenure: Leasehold
Location: Undisclosed, West Sussex
Sector:
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Advert Reference: 91081-388008 / Rightbiz

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