Busy 140-Seat Fish and Chips Restaurant & Takeaway for Sale in Felixstowe, Suffolk
Undisclosed, Suffolk
- Status
FOR SALE
- Date Submitted:
30/01/23
- Advert ID
250348
- Leasehold: £595,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- Split Level Trading Area
- Prime Location
- Established Business
- Offers Invited
- Potential for Alternative Use
- Attractive Business
- Unique Business
- New Lease
- Fully Fitted
- Free of Tie Leasehold
- Retirement Sale
- Large Business for Sale
- High Turnover
- Close to Local Amenities
- Adjacent to Multiple Retailers
Business Details
140 SEAT FISH AND CHIPS RESTAURANT & TAKEAWAY, FELIXSTOWE SUFFOLK
Busy fish and chips restaurant for sale.
It is a well-presented restaurant with seating for 120 (could expand to 140). This leasehold for this licenced (A1, A2, A3, A4) fish and chips restaurant is for sale. It has a fantastic and growing reputation. Premises are Lockup. There is a traditional menu with scope for changes. The restaurant is at the seafront. It is opposite the new pierand leisure centre, between the SPA theatre and a premier in the hotel.
It is already chosen twice as the best fish and chips in Suffolk at East Anglia, Daily Times and Tripadvisor 2017-2019. It is the winner of the Best fish and chips restaurant award by Fry Magazine. formoreinformationandpicturespleasecheckwww.myfishdish.co.uk.
The sale includes three pans from new Preston Thomas range, two pans from the brand-new Hopkins range, and a brand new chargrill. We do not do home deliveries and we are not franchising. We do not do any home deliveries and We have not partnered with any delivery companies ( no JustEat/ Uber Eats, deliveroo ).
We spent £50,000 in 2022 on new windows and rending. The front facade is all new. Opening on Mondays and extending the timings could easily put another £4,000 a week on top of taking. The opening hours are 11:30 am - 7:45 pm. The timings for Friday to Saturday is till 8:45 pm. It is closed in December. Mondays are also closed (only open during summer school holidays). Would be doing well if it open for breakfast.
The taking is very high and is still growing as we are only nine years old restaurant. because of energy prices landlord reduced the rent first year. The rent is £55500 AFTER for a secure long lease. (Viewing is highly recommended. )
Business owners will stay on with the business temporarily for a training period.
Contact me for more information.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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