FOR SALE
654865
Famous Cumbria Fish and Chip shop & Restaurant wit / Rightbiz
Workington Town Centre Fish and Chips restaurant and takeaway with accommodation
Leasehold: Asking Price £129,950 rent £32,000 per annum incl accommodation
At a Glance
Weekly sales circa £7,000 - £8,000 (They offer NO OFFERS or PROMOTIONS)
Lots of Parking outside the store
Relied upon by the local community
Energy Rating D
A leasehold fish and chips restaurant and takeaway located in the town centre. This business is fitted to an extremely high standard with a large preparation room and large store room. A rare opportunity to acquire a longstanding and established, locally famous restaurant and takeaway in the heart of Workington town centre, near all retail shops, pubs and a huge residential area. Only a 10 minute drive from the beach.
Previously when operated by owner the sales were in excess of £18,000 per week, so massive potential with a proven track record.
The site is fully staffed therefore it has huge potential to increase sales with owner operator.
This would be ideal as a family run store, or it would suit a hand’s on multi-site operator ideally with experience.
Workington is a coastal port town and civil parish in the Cumberland district of Cumbria, England. The town is at the mouth of the River Derwent on the west coast, 32 miles (51 km) south-west of Carlisle and 8 miles (13 km) north-east of Whitehaven. At the 2021 census the parish had a population of 25,448 and the built up area had a population of 21,275.
Location:
This property is based in the city centre, right next to the car park with easy access for walking and driving customers. The site benefits from being surrounded by a huge residential area, bars, shopping area and the shop could go from strength to strength with someone that would commit the time and effort to the business as opposed to being fully staff operated. There are lots of local businesses in the area and they all complement each other.
Internal Details:
The site is equipped with all required equipment to run this long established fish and chip shop with a proven track record of high sales in the past. Weekly sales of £18,000 per week. Unfortunately the new owner does not have the time to commit and be there to run it himself due to other business commitments, despite that the business still has a high turnover.
Restaurant over two floors has a seating area of around 60 customers.
On the 2nd floor there is accommodation of a large living room, office space, 2 large double bedrooms, bathroom and kitchen.
External Details:
The business benefits from having parking outside.
Fixtures & Fittings:
We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.
The Opportunity
This local restaurant and takeaway is relied upon by the local community. This business is fitted to a high standard and is being offered on a leasehold basis.
This site needs a new owner with a vision to take this business back to its high turnover. It has huge potential and the possibility is there to increase sales adding an alcohol licence, adding desserts as there is a need for a dessert shop as there is none in the area at all, also increasing hours on a Friday and Saturday night when the bars are closing late. With the right buyer opportunity to increase the menu to offer kebabs and pizza’s.
Currently closed on a Sunday the potential is to open on a Sunday.
Sales are guaranteed to increase when offering special offers and offering promotions.
This site generates high GP 55% – 60% Higher prices when eating in.
Trading Information
Trading information shows average weekly sale of circa £7,000 - £8,000 plus per week.
Site is reluctantly being sold due to staffing issues and other business ventures.
Trading Hours
Monday to Saturday11am – 8pm
Sit in Restaurant open 11am – 4pm
Sunday Closed all day.
Regulatory
Take-away & Restaurant
Business Rates
The current owner has advised that the site benefits from small business relief on business rates. Purchasers however should make their own enquiries with the relevant local authority.
Viewing
No direct approach may be made to the property. For an appointment to view please contact the agent.
Gurnam Singh
Tel:07935966270
Email: [email protected]
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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