Fish and Chip Shop for Sale in Drumchapel, Glasgow
City of Glasgow, Glasgow
- Status
FOR SALE
- Advert ID
656937
- Reference
Paul's Fast Food / Rightbiz
- Call Agent:
- Leasehold: £95,000
- or
- Freehold: Price on Application
- Rent: £18,000 (£1,500 per month)
- Turnover: £468,000 (£9,000 per week)
- Profit: On request
Business Details
High Turnover Fish & Chip Shop within Busy Retail Parade in Drumchapel, Glasgow
Paul’s Fast Food
12 Drumchapel Road, Glasgow, G15 6QE
· Long established & well performing fish & chip shop
· Been in same family since 1968, Retirement sale
· Prominent trading position within busy retail precinct
· Situated within densely populated residential area
· Designed & fitted to a high standard including modern 3-pan frying range
· Turnover approx. £8k-£9k per week gross
· Evening hours only. Potential to increase
LOCATION
The subjects occupy a prominent trading position within a busy retail precinct on Drumchapel Road within the established Drumchapel area of Glasgow. Surrounding occupiers comprise a good mix of mainly local occupiers including a pub, barbers, convenience store, takeaways and a bookmaker, ensuring good levels of footfall throughout the day and evening.
Drumchapel is a densely populated residential suburb situated approximately 7 miles north-west of Glasgow City Centre and benefits from a good level of local amenities and public transport links.
The surrounding area is predominantly residential, providing an established local customer base, whilst the subjects are well positioned to serve both passing trade and the surrounding community. The location also provides convenient access to the wider Glasgow road network, including the A82 and M8 motorway, offering good connectivity to Glasgow City Centre and the surrounding areas.
THE PROPERTY
The subjects comprise part ground floor of this single storey, purpose-built retail parade, all under a flat roof. The subjects benefit from a customer car park to the rear as well as surrounding on street parking.
DESCRIPTION
The subjects are accessed via a doorway to the left-hand side of the large display frontage with prominent backlit signage above. The subjects benefit from electric security shutters to the front and rear.
Internally, the subjects have been designed and fitted to a high standard in a fresh, modern style. A large, stainless steel, L-shaped counter servery incorporates a modern, 3-pan Hopkins frying range as well as a pizza prep/toppings counter. To the rear of the counter there is a range of other equipment including a twin deck pizza oven, a griddle/hot plate, a bain-marie, as well as a number of stainless steel fridges and drinks fridges. There are 3 flat screen televisions as well as the till system and delivery app terminals.
ANCILLARY AREAS
The subjects benefit from a good-sized back shop area which benefits from delivery access from the rear yard area. The back shop is home to the potato storage and preparation area with peeler & chipper machines, additional fridges and freezers, as well as a washing machine. There is also a staff toilet.
SIZE
We understand that the premises have a ground floor area of approximately 57 SqM (610 SqFt).
THE BUSINESS
The business has been in our client’s family since 1968, with our client running it for the last 20 years, so the business is therefore extremely long established and something of a local institution.
The business enjoys a strong reputation and has a loyal and regular customer base with lots of locals and regulars and has strong delivery service to the local area and surrounding suburbs including Knightswood, Whiteinch, Milngavie and Clydebank etc.
The business sells a good selection of traditional fish & chip shop products as well as freshly made pizzas, burgers, hot dogs, baked potatoes, paninis, salads etc and a selection of soft drinks.
The business benefits from its own website www.paulsfastfoods.co.uk which can be used for delivery and collection orders.
The business trades 7 days a week, 4pm-10:15pm (11:15pm Fri/Sat), so there is potential for a new owner to introduce lunchtime opening hours should they wish.
TRADING INFORMATION
We have been advised that the shop turns over approximately £8000-£9000 per week gross.
Full trading information can be provided to interested parties after formally viewing the business.
FIXTURES & FITTINGS
We have been advised that all trade fixtures and fittings are owned outright and are free from any hire purchase or lease agreements.
RATES
The subjects are entered into the current valuation roll as having a rateable value of £8,200 and are therefore eligible for zero rates.
TENURE
Our clients are prepared to offer a fresh, full repairing and insuring (FRI) lease of negotiable terms and duration and are seeking initial rental offers in excess of £18,000 per annum.
Freehold offers may be considered.
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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.
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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.'.
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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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Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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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