FOR SALE
657309
DER12311 / Rightbiz
Key features
About this business
A long-established freehold fish & chip shop on a bold corner site in a densely populated Derby suburb, with a self-contained four-bedroom family home attached. The same family has owned the business since 1981 and ceased trading in 2018 due to the elderly vendor's health; he now wishes to return to Cyprus, making this a genuine retirement sale. With a major housing development recently completed close by and further developments planned, the opportunity is for a capable family team to re-establish trade and modernise the shop in step with an expanding catchment.
Trading figures
The shop ceased trading in 2018 when ill health forced the elderly vendor to retire, and he has been living on site since. There are no current takings to quote. The case for the business is forward-looking: a large housing development close by has now been completed and further developments are planned, which a capable operator re-opening the doors would be well placed to capture.
Trading hours
Currently closed. When last trading, the shop opened Monday to Saturday for lunch from 11.45am to 2.00pm and evenings from 5.00pm to 9.30pm. Closed on Sundays.
Business premises
An end-terrace property with aluminium glazing to both elevations and an angled central door, sitting under three separate bold fascias — a frontage built to be seen from the corner. Inside, a good-sized fully fitted takeaway section opens up beneath a suspended ceiling, with the frying area separated from the customer space by a two-pan Preston & Thomas counter range and an illuminated menu board overhead. To the rear is a fully fitted preparation room and a fully tiled potato room, with a fully enclosed rear yard housing a potato store and staff facilities. The premises are in need of modernisation, which is reflected in the asking price and the opportunity on offer.
Trade equipment
The headline item is a two-pan Preston & Thomas counter range, the centrepiece of the shop. Also in place: a four-pot bain-marie, two kebab machines, two under-display fridges, a digital till, microwaves, an upright stainless-steel freezer, a chest freezer, a fish keeper, an upright stainless-steel fridge, a four-ring gas oven, a chipper and a rumbler. A full trade inventory will be provided prior to completion.
Accommodation
A self-contained house adjoining and above the shop, with double glazing and gas central heating throughout. Accommodation comprises a dining room, fully fitted kitchen, large lounge, three double bedrooms and a single bedroom (all with fitted wardrobes), a shower room and a separate bathroom. A garage is also included.
Trading position
A firmly established corner position approximately 4km from Derby city centre, just off a main road running into the centre, with easy parking and a very large densely populated residential area on the doorstep. A substantial new housing and commercial development has been completed close by, with further developments planned — a catchment that is actively growing around the site.
Special remarks
A long-standing freehold unit under the same ownership since 1981, closed since 2018 when the elderly vendor's health forced him to retire. A change in circumstances now means he wishes to return home to Cyprus, making this an unambiguously genuine retirement sale. With a major housing development nearby now completed and further developments to follow, the surrounding area is expanding rather than contracting. For a capable family team prepared to modernise the shop and re-establish trade, this is an ideal freehold purchase — business and four-bedroom home in one transaction, on a bold corner pitch in a community that is growing around it.
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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