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Leasehold Fish and Chip Takeaway For Sale in Woolavington, Bridgwater Somerset

Bridgwater, Somerset
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Leasehold Fish and Chip Takeaway Located In Woolavington Photo 1
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Leasehold Fish and Chip Takeaway Located In WoolavingtonLeasehold Fish and Chip Takeaway Located In WoolavingtonLeasehold Fish and Chip Takeaway Located In WoolavingtonLeasehold Fish and Chip Takeaway Located In WoolavingtonLeasehold Fish and Chip Takeaway Located In WoolavingtonLeasehold Fish and Chip Takeaway Located In WoolavingtonLeasehold Fish and Chip Takeaway Located In WoolavingtonLeasehold Fish and Chip Takeaway Located In WoolavingtonLeasehold Fish and Chip Takeaway Located In WoolavingtonLeasehold Fish and Chip Takeaway Located In WoolavingtonLeasehold Fish and Chip Takeaway Located In Woolavington
  • Status

    SOLD / WITHDRAWN

  • Date Submitted:

    10/07/20

  • Advert ID

    260823

  • Reference

    2236 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £114,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Fish and Chip Takeaway Located In Woolavington

Leasehold Fish and Chip Takeaway Located In Woolavington Nr Bridgewater, Somerset
Great Location
5 * Food Hygiene Rating
Ref 2336

Location
This respected Fish and Chip Takeaway is located in the village of Woolavington near Bridgewater in Somerset. The village offers a range of shopping facilities for day-to-day use. There is a local church, village hall, infant and junior schools. Woolavington is a village and civil parish on the Somerset Levels. It forms part of the district of Sedgemoor and is 5.2 miles north east of Bridgewater, 7.2 miles south east of Burnham on Sea and 11.9 miles west of Glastonbury. Woolavington has a population circa 2,115 and is situated 2 miles from Junction 23 of the M5 Motoringway.

Leasehold Asking Price: £114,950 plus SAV (2,000)
Turnover: £150,000 net of VAT pa

Leasehold
Original term: 25 years
Remaining: 24 years
Reviewed: 5 yearly
Rent: £3,900 pa
Rates: zero

Business Description
Veritas Business Sales are delighted to offer for sale this respected Fish and Chip Takeaway which is located in the village of Woolavington. The business was established by my client one year ago and is now being offered for sale so that he can enjoy a well deserved retirement. Since ownership they have totally refurbished and completely re-fitted the business with brand new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and employs the help of 1 full time and 2 part time members of staff and recorded a first year turnover of £150,000 net of vat with a GP of (65%). Think Fish serves a fine range of traditional fish and chips, pies, burgers, kebabs, sides, daily specials, condiments and cold drinks. We believe that there is further potential to increase trade should you wish, by extending upon the current opening times, implementing a vigorous advertising and marketing campaign and by joining some of the online deliver portals such as Just Eat and Deliveroo. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase a relatively new concern that will enjoy natural growth which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours
Monday - Saturday - midday - 10.00pm
Sunday - closed

Ground Floor
Takeaway/Kitchen Area (8.4m x 4.5m) comprising: 3 pan range (Marley/Edwards), stainless steel sales counter, 2 upright, drinks fridges, electronic cash register, 2 x stainless steel prep tables, 2 x microwaves, 2 commercial kebab grills (CE), 2 pot bain-marie (Buffalo), upright freezer, stainless steel fridge (Valera), hot plate, two ring hot plate, extractor unit and wash basin. Store room (1.3m x 3.0m) with 2 stainless upright freezers (Atosa), upright freezer (valera) and chest freezer. Chipping room (3.6m x 2.0m) with commercial stainless steel sink, rumbler (Cater kwik), chipper, 3 chip bins and various shelves.

Potato storeroom (2.5m x 1.5m) with various shelving.
Storerooms x 2.
W/C and wash basin.

External
Rear yard with bin store, caged gas cylinders area and storage shed.

The property benefits from electric roller shutters to the front and rear.

EPC Rating D
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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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