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FISH AND CHIP SHOP & RESTAURANT IN WORKINGTON, CUMBRIA

Workington, Cumbria
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FISH AND CHIP SHOP & RESTAURANT IN WORKINGTON, CUMBRIA
  • Leasehold: £320,000
  • Rent: £34,000
  • Turnover: On request
  • Net Profit: On request

Business Details

• Popular, busy, high turnover takeaway and restaurant
• 70 covers on two floors
• Includes 3 Bedroom Flat
• Town centre location on edge of the main precinct 
• West Cumbria regional centre
• Turnover £450,000 net
• Rent £34,000 per annum

Business Summary
Popular, busy, high turnover fish and chip shop takeaway and restaurant with 70 covers on two floors situated in the main shopping precinct in Workington town centre with parking closeby. The business has been trading for over 30 years and has a top rated reputation across a wide area. It offers a menu of fish, burgers, pies, sausages, chicken, jacket potatoes and salad boxes.

Trading Hours:         Monday – Saturday 11.00am to 8.00pm
Staff:            2 proprietors and 8 part time
Reasons for sale:    Retirement
Competition:        3 other fish and chip shops in Workington
Support/ Training:    The seller will offer support and training to the buyer.
Turnover:        £449,449 (y/e 28/02/21) net VAT
            £591,852 (y/e 28/02/20) net VAT
Full accounts will be made available to bona fide applicants, normally after viewing.

Location
Workington is a coastal town at the mouth of the River Derwent on the west coast of Cumbria with a population of around 25,207. It is a former steel and coal town and now has modern industrial estates and a regional shopping centre with major retailers including Next, New Look, Matalan, Peacocks, Dunelm, Argos, B & Q, JD Sports etc. It lies about 35 miles west of junction 40 of the M6 motorway via the A66 and 30 miles from Carlisle via the A595 and A596, just a few miles outside the Lake District National Park.

Accommodation
Ground Floor
Takeaway Shop, 7.71m x 4.10m, with frying range.
Dining Area, 4.31m x 8.49m including fixed seating and tables for 30 covers.
Gents Toilet.
Kitchen, 3.80m x 3.85m, including 6 ring gas range, extractor, stainless steel units, dumb waiter to first floor and double deep sink unit.
Preparation Room.
Store Rooms with stairs to additional storage.

First Floor
Dining Areas, 3.50m x 4.78m and 8.04m x 3.84m, with tables, loose and bench seating for circa 40 covers.
Ladies Toilet.
Kitchen, 3.00m x 3.89m, with dumb waiter and sink unit.

Second Floor Flat
Access from first floor only.
Living Room, 3.54m x 4.83m.
3 Bedrooms.
Kitchen, 1.82m x 2.85m.
Bathroom.
 

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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.

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.

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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.

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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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