FOR SALE
657301
LEI12377 / Rightbiz
Key features
About this business
A recently refurbished fish & chip takeaway in an established Coalville location, in the same hands for 38 years and offered freehold or on a new lease at a low rent. Solid, all-counter trade closing no later than 8.30pm, with a three-to-four-bedroom owner's flat above. A genuine ill-health retirement sale, with clear scope for new ownership to grow takings through deliveries, card payments and later opening.
Trading figures
A regular high turnover, achieved entirely from counter trade with no deliveries or card payments in place. Full figures are available on request. The upside is unusually concrete: introducing home deliveries, taking card payments and trading beyond the current 8.30pm close are three separate growth levers, none of which the current owner has tapped.
Trading hours
Monday and Wednesday: 4.30pm – 8.30pm. Thursday to Saturday: 12.00 noon – 2.00pm and 4.30pm – 8.30pm. Sunday: closed. Good scope for additional openings.
Business premises
A well-established mid-terrace shop that the vendor has recently spent considerably on refurbishing, including a new ducting system that will be evident on viewing. The customer area is finished with tiled walls and flooring under a suspended ceiling, with a two-pan frying range set within a compact, well-laid-out servery. From there the layout flows through to a fully tiled kitchen, shared with the accommodation above, and on into a potato working area finished with panelled walls and tiled floor. An annexed potato store and two further storage rooms sit to the rear. A gate at the back opens onto a shared car park with private parking for one vehicle, plus separate access to the front of the shop for deliveries.
Trade equipment
A good assortment of trade equipment, headed by a two-pan frying range and including a six-pot bain-marie, kebab machine, electric till, toaster, two microwave ovens, batter mixer, fish keeper, four chest freezers and one upright freezer, four-hob gas cooker, three potato barrels, drinks fridge, Crypto chipper and peeler, stainless-steel sink unit, plenty of shelving and the usual utensils. A full trade inventory will be provided prior to completion.
Accommodation
Three-to-four-bedroom accommodation above the shop, centrally heated by a newly installed gas boiler and double glazed throughout.
Trading position
A firmly established terraced position on a busy main road into the town centre, which sits only a couple of minutes' walk away with its usual range of shops, local amenities and a number of commercial units. The surrounding catchment is densely residential — predominantly packed terraced homes alongside multi-storey flats and some semi-detached housing — which underpins steady year-round trade. Plenty of free on-street parking sits directly in front of the shop and on the side roads, removing the friction that puts off so many takeaway customers elsewhere.
Special remarks
Our client has traded from this shop for the past 38 years and has recently spent considerably on upgrading it — new flooring, new walls and much of the machinery replaced. The sale is a genuine one: ill health and age are pushing him toward retirement, and he is keen to hand over to younger, more enthusiastic ownership. For an incoming operator, the path forward is unusually clear — introduce deliveries, add card payment facilities and trade later into the evening, and the takings should respond directly. Inspection will confirm both the standard of the recent refurbishment and the genuine nature of the sale.
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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