FOR SALE
644217
GLO12128 / Rightbiz
Key features
About this business
A genuine retirement sale after 36 years in the same hands: a Grade II listed fish & chip takeaway trading from a 1465 Tudor building in the centre of Newent, Forest of Dean. Weekly turnover sits between £8,500 and £10,000 (around £2,000 of that from in-house delivery), with the shop currently running roughly 50% on staff. Offered freehold at £625,000 with a well-presented four-bedroom self-contained flat above — the kind of opportunity that doesn't come round often.
Trading figures
We have been informed that weekly turnover runs between £8,500 and £10,000, of which approximately £2,000 comes from delivery using the shop's own drivers. The business is currently around 50% staff-run, leaving clear headroom for an owner-operator willing to take full hands-on control to push the takings further.
Trading hours
Monday to Thursday and Saturday: 12.00 noon – 2.00pm and 4.30pm – 9.00pm. Friday: 12.00 noon – 2.00pm and 4.30pm – 9.30pm. Sunday: closed.
Business premises
A quaint, traditional freehold chip shop that has been trading for over a hundred years from a beautiful Tudor building constructed in 1465 and Grade II listed. A single door opens into a fully tiled interior beneath a traditional beamed ceiling — the sort of charm and character that can't be manufactured. The frying range runs the length of the left-hand side and leads through into an open-plan kitchen, also tiled and beamed, which continues into the preparation area and store room. A gated side passage runs the full length of the shop, giving access to the rear gardens and providing a clean route for deliveries. The property and its equipment are generally well maintained and fully functional, although the shop would benefit from some superficial updating to bring the presentation fully up to date.
Trade equipment
The frying side is built around a three-pan Preston & Thomas range. Also included: a four-pot bain-marie, two kebab machines, an Epos till, gas cooker, microwave oven, fish chiller, Bold chipper and peeler, four wheeled potato barrels, three chest freezers, two upright fridges, a double-door drinks fridge, hot cupboard, steel salad bar and an air-conditioning unit.
Accommodation
The four-bedroom flat above the shop has its own totally separate access and comprises four bedrooms, a lounge, kitchen and bathroom. It has historically been used as the owner's home, let out, and run as a successful Air B&B — three viable options for the next custodian.
Trading position
A delightful town-centre pitch on the junction of two busy roads, sitting proudly within a densely populated catchment on the northern edge of the Forest of Dean. Car parks behind the shop and free on-street parking out front add materially to passing trade and footfall, with the picturesque setting drawing visitors into the area on top of the steady local custom.
Special remarks
A rare chance to acquire an established freehold fish & chip shop trading continuously since the turn of the last century, on a prominent and easily accessible main-road town-centre pitch. The current owners have run the business for 36 years and have now decided to retire — a straightforward, genuine sale. With the shop currently mainly staff-run, energetic new owners could relatively easily lift turnover by taking the operation hands-on. Valuable freehold property, shop and four-bedroom flat, regular high weekly turnover and lots of charm and character — all in one transaction.
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
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