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CONFIDENTIAL SALE
FOR SALE
23/01/24
605494
CS0167DMBLE / Rightbiz
Mailbox Estates is delighted to present an exceptional opportunity: a traditional Fish & Chip Shop now available for sale.
Our clients are now offering an opportunity for an existing operator or an ambitious entrepreneur to take over this already successful business. The takeaway offers a wide selection of foods from Fish, Kebabs, Burgers, sundries, pies and children’s meals.
This excellent fish bar sits within an ideal location and takes advantage of the passing foot traffic along with easy parking for collections. This business sits within a popular parade with a neighbouring convenience store, pet store, butchers, an aesthetics clinic and supermarket. The shop benefits from easy access via a local bus route and is within walking distance of four primary schools, ensuring a steady flow of potential customers.
The Opportunity:
•Established by the family in 1975, boasting a loyal customer base
•Exceptionally low rent at £10,500 per annum, ensuring favourable financial overheads
•Active and well-managed Facebook page with a substantial following of over 1,500 followers, enhancing online visibility and engagement
•Business website in place for direct deliveries, providing convenience and accessibility for customers
•5* Food Hygiene Rating
•Option to add Just Eat and other delivery platforms for more exposure
Weekly Turnover:
•Our client has informed us that the average weekly turnover is £4,500
•Delivery sales account for approximately £1,500 per week
•Currently, telephone home deliveries and Uber Eats cover a 1.5-mile radius only, with no association with major brands like Just Eat, Deliveroo, and Food Hub. This indicates significant potential for business expansion and growth opportunities
Tenure:
•The site is offered by way of assignment with 5 years remaining and an option to renew at the end of the term
Rates:
•The business benefits from Small Business Rates Relief
Staff:
•The business operates with three full time members of staff, two part time and three delivery drivers
Trading Hours:
•Monday - Wednesday 4:30pm - 8:30pm
•Thursday – Saturday 12:00pm – 2:00pm, 4:30pm – 9:00pm
•Option to extend the current trading hours or to take advantage of the trade and open on Sundays.
Internal:
•Internal area of 80 sqm (861 sq. ft)
•Main shop serving area, separate kitchen and preparation area plus a further chipper area
External:
•To the front of the building there are 15 designated customer parking spaces.
Fixtures and Fittings:
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price such as:
•4 Pot Bain-marie plus 2 Pot (dry)
•4 Kebab Machines
•Stainless Steel Counters
•Tall Fridge Freezer
•Double Stainless-Steel Chiller
•3 X Chest Freezers
•Chicken Machine
•4 Channel CCTV
•Microwave
•Electric Shutters
Regulatory:
•A5 License
•5*Food Hygiene Rating
Legal Costs:
•Each party to be responsible for their own legal costs in connection with the sale.
•Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally.
Trading Information:
•Full accounts and trading history will be made available to seriously interested parties after they have viewed the business.
Viewing Arrangements:
•Mailbox Estates highly advise early viewing to avoid disappointment.
•Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF.
DEPOSITS
•Successful applicants will be required to pay a non-refundable deposit.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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