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Long Standing Fish & Chip Shop Business

Bognor Regis, West Sussex
Leasehold Price:
£37,995
Status
FOR SALE
Advert ID
250791
Reference
B05611 / Rightbiz
Business
Hilton Smythe are delighted to present to the market Regal Fish and Chips, a very well-established business with approx. 50 years trading history. Our clients purchased the successful business 5 years ago and due to health reasons are reluctantly looking to sell.

The business comes with a spacious 4 bedroomed flat situated above the shop as well as several outbuildings to the rear.

Rarely do takeaways concentrating on a traditional Fish and Chips focused menu come onto the market in this area and we therefore advise early viewing to avoid disappointment.

The menu includes -

  • Cod, Haddock, Plaice, Scampi, Cod Roe and homemade Fish Cakes.
  • Burgers, Chicken, Sausages, Fritters & Rolls, Pies and Pasties.
  • OAP specials, Kids meals, Cold drinks.
We are advised that 100% of the turnover is derived from walk in customers, with a very loyal local customer base in place.

The business also comes with 5-star reviews on Facebook as well as good reviews in TripAdvisor.

Any new owner may look to add any of the following points to further increase weekly turnover levels -

  • Add a new website with an online ordering facility.
  • Offer local deliveries for OAP’s, residential homes.
  • Open more lunchtimes.
  • Increase the current menu to include kebabs, pizza or piri piri chicken.
  • Extend the opening hours. 
  • Increase local advertising through new leaflet drop.
The business comes with an excellent long renewable lease in place, large accommodation makes it ideal for any family looking to relocate to this lovely area.



Location
Regal Fish and Chips occupies central trading position on Chichester Road in Bognor Regis, West Sussex.

Chichester Road (B2259) is the main link road from the A259 into the heart of Bognor Regis and the famous coastline. The business is surrounded by a large traditional residential area including a busy parade community shops less than 2 mins walk away.

Bognor Rugby Football club and Youth Community centre are located directly behind the shop.

Bersted Green Primary School faces the business.

The business benefits from free customer parking on both the main Street as well in the neighbouring streets. There is also an off-street parking space for staff or customers to the front of the shop.

Bognor Regis is a renowned town and seaside resort on the south coast, 55-mile south-west of London and 24 miles west of Brighton.



Premises
Front External - 1 x off street parking space

Main Shop - mixture of wood and tiled wall covering, customer waiting area

Service Counter - bespoke stainless steel fitted counter with a 3 pan Hewigo range with integrated chip box, 2 x glass fronted heat boxes, 1 x utensil box, store box. Glass fronted drinks chiller, 3 x stainless steel prep tables, stainless steel fish fridge, 2 x microwaves.

Rear Prep Area - includes upright freezer, 2 x chest freezers, desk and storage shelving, 4 x ring gas oven, double stainless-steel prep sink unit, water boiler.

Rear chipping area - includes potato store area, chipper, peeler

Staff toilet

First and Second floors (accessed by side front door) include living room, kitchen, family bathroom, 4 x double bedrooms.

Rear External - includes additional access to owner’s accommodation as well as 2 x secure storage sheds.



Tenure
We are advised the business is being sold with 7.5 years remaining on a 13-year renewable lease, the business also benefits from full small business relief paying 0 rates in the current year.



Hours
MONDAY - THURSDAY = 4.30 to 9.00

FRIDAY = 4.30 to 9.30

SATURDAY = 11.30 to 1.30 and 4.30 to 9.30



Staff
The business is run and managed by our client and his wife.



Financial Profile
On accounts the business generated a Turnover in 2018 of £53,451 and adjusted net profit in the region of £11,213.



Listing Details
Leasehold Price: £37,995
Tenure: Leasehold
Location: Bognor Regis, West Sussex
Sector: Fish And Chips Shops, Take Aways Businesses
Financials
Annual Turnover: £53,451
Contact Agent
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Advert Reference: B05611 / Rightbiz

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