THIS BUSINESS IS NOW UNDER OFFER

FISH & CHIP SHOP LEISTON, SUFFOLK COAST

Leiston, Suffolk

Status

UNDER OFFER

Date Submitted:

27/07/21

Advert ID

280251

Reference

CF35084E / Rightbiz
Leasehold: £125,000
Annual Turnover: £221,000
Very Well Regarded Long Established Business
Local, Tourist & Contractor Trade
New Lease - Terms To Be Agreed
Very Good Order Throughout
Car Parking Space Included
Attractive Good Sized Premises
Average Takings of £4,250 per week
Bar Style Seating for 14 Covers
Online Ordering Click & Collect
Accommodation Available by Separate Negotiation

PARTICULARS
We are very pleased to bring to the market this long established and well regarded fish and chip shop situated in the busy Suffolk town of Leiston, approximately 2 miles from the coast. Offering an attractive and well maintained shop together with a new lease, this is an ideal opportunity to acquire a very well run business.

THE BUSINESS ITSELF
Having been acquired by the current owners 11 years ago and continually improved and modernised since the business and premises are now presented to the market in very good order. The owner now generally has a lesser involvement in the day to day running with a good staff team in place that are able to oversee things in their absence.

The accounts show an average weekly turnover being achieved consistently in the region of £4,250 however the business currently only operates Wednesday to Saturday so there is potential to increase this if so desired.

The business is well regarded in the local area with many customers travelling to the shop, helped by the large Co-op 2 hour free car park opposite. As well as the local trade there are many visiting tourists and contractors particularly from the nearby Sizewell power station.

PREMESIS
ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

The striking front facade to the building immediately draws you in and provides the kerb appeal needed to attract customers inside. Large glazed windows mean people can see how nice inside looks, further tempting them in, as well as providing good natural light internally.

The main service room is approximately 8.9m wide by 4.6m to the rear of the frying area. In addition there is a further eating area to the side of c. 4.1m x 2.3m which provides bar style seating for around 14 covers giving the option of having somewhere to eat inside the shop. There are two entrance/exit doors which have proved very useful in these current times with one end of the shop set up for click & collect orders and the other for walk-ins.

This main room is very well decorated with a traditional tiled floor and walls with a mix of feature grey timber cladding, exposed red brickwork, and white brick style glazed tiling. Lighting is provided from a mix of drop down industrial style light fittings as well as inset spot lights.

The Florigo range provides 3 chip fryers and 2 fish fryers with chip basket for service. There are a range of stainless steel surfaces, sink, under-counter fridge and freezer, 2 microwaves, drinks display fridge, oil filter and fish keep. The shop also benefits from a floor drainage point, C.C.T.V and EPOS till.

The middle preparation room with window overlooking the rear car park measures 6.7m x 2.7m again with tiled floor and drainage point and houses the potato bath, rumbler and chipper. In addition there is a double sink and drainers, various shelving and racking units, fridge and Worcester gas boiler.

The rear dry store room provides space for 2 chest freezers, a range of racking, potato bag storage, staff lockers and door to staff W.C. and measures 4.1m x 4.6m at the maximum points.

Externally the building is presented in excellent order and the lease will come with the benefit of a parking space in the rear private car park.

FURTHER INFORMATION

REFERENCE NUMBER
CF35084E.

OPENING HOURS
The business currently opens Wednesday to Saturday 11:45am to 2:00pm and 4:30pm to 8:00pm offering scope to increase this and the turnover achievable.

TENURE
Leasehold. A new lease is to be entered into on terms to be agreed as part of the sale negotiations. It is initially proposed to be a 6 year renewable lease with 3 year rent reviews. The purchaser will be responsible for the landlords costs and fees in connection with the grant of the new lease.

RENT PAYABLE
£14,000 per annum.

Purchaser will be responsible for the landlords costs and fees in connection with the assignment of/or grant of new lease.

RATES PAYABLE
Currently Nil with exemption under the Small Business Rate Relief.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

EPC
Full Energy Performance Certificate available on request.

PRICE
£125,000.

For the benefit of the goodwill, fixtures, fittings & equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING
Strictly by appointment only, please call our Norwich Office on (01603) 662 662 to make an appointment.

FINANCE
Finance may be available to suitable purchasers.

BUSINESS TO SELL?
Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

PREMIER MARKETING
We take care to present our businesses to a standard like no other. Offering quality property particulars as well as detailed information on all of the online portals and our own website, make your business stand out from the crowd - call us today!

UNHAPPY?
Do you feel you are receiving the level of service promised by your agents? If not, we would be happy to carry out a FREE no obligation marketing appraisal of your business.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
Contact Agent
Advert Reference:
CF35084E / Rightbiz
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THIS BUSINESS IS NOW UNDER OFFER
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