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Leasehold Fish & Chip Takeaway and Restaurant for Sale in Cheltenham with Two-Bedroom Accommodation

Cheltenham, GloucestershireEst. 97 years
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Leasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In CheltenhamLeasehold Fish & Chip Takeaway & Restaurant Located In Cheltenham
  • Leasehold: £249,950
  • Turnover: £728,000 (£14,000 per week)
  • Profit: Not Applicable

Business Details

Leasehold Fish & Chip Takeaway & Restaurant Located In Cheltenham

Leasehold Fish & Chip Takeaway & Restaurant Located In Cheltenham
Self-Contained Two Bedroom Accommodation
Prominent Trading Position
High Turnover Business

Ref 3294

Asking Price £249,950 plus SAV (£4,000)

Location
This thriving Fish & Chip Takeaway occupies an established trading position on Bath Road, within one of Cheltenham’s popular independent shopping districts. Serving the surrounding Leckhampton residential area, this lively commercial setting offers a varied mix of shops, cafés, food retailers and public houses. Cheltenham town centre, The Suffolks and Montpellier are within easy reach, while public parking options in the surrounding area provide added convenience for customers. The combination of a residential catchment and an established shopping destination creates an attractive setting for this longstanding food business.

Business Description
Veritas Business Sales is delighted to offer for sale The Big Fish, a longstanding fish and chip takeaway and restaurant situated on Bath Road in Cheltenham. Established in 1929, the business has been under our clients’ ownership for the past nine years and is now offered for sale so they can concentrate on other business interests.
During their ownership, our clients have made significant investment in the premises, equipment, fixtures and fittings. We are advised that all items included in the sale are fully paid for, providing an incoming owner with a well-equipped operation. The business is overseen by the owner, with daily operations supported by nine part-time members of staff. Our clients advise that weekly turnover is approximately £14,000, with around 70% generated through walk-in takeaway and restaurant sales. The remaining 30% comes through Uber Eats, Just Eat and Deliveroo. The menu includes traditional fish and chips, chicken, burgers, pies, sausages, saveloys, kebabs and souvlaki, complemented by a selection of side dishes, condiments and cold drinks.
The Big Fish enjoys a strong local reputation and an established base of regular customers. There may be scope to increase sales through extended opening hours and further menu development. With its long trading history, established customer base and self-contained two-bedroom accommodation, this is an attractive opportunity to acquire a high-turnover food business in an established Cheltenham location.
Early viewing is highly recommended.


Opening Times
Monday – 16:30 – 21:30
Tuesday – Saturday – 11:45 – 14:00 – 16:30 – 21:30
Sunday – closed

Leasehold
Term: 20 years
Remaining: 15 years
Rent: £26,000 per annum
Reviewed: every 5 years
Business rates: TBC

Ground Floor
Takeaway comprising: tables & chairs to cover (14), serve over sales counter, two-EPOS tills, two-ordering touch screens, central wooden worktop, food order display screen, two-door under- counter drinks fridge (Coca Cola), three-pot wet bain-marie, stainless steel table, stainless steel shelf, four-pan range (Henry Nuttall) with three-warming cabinets and chip box, stainless steel portable scraps box, 6 draw fridge unit (Polar), four-menu black boards, two air-conditioning units/heaters (Fujitsu), counter-top saladette (Cater-cool), chargrill with built in extraction, stainless steel storage cupboard, stainless steel wash and basin, electric convection oven (Lincat), saladette with marble top and three-door under-counter fridge (Polar), two stainless steel tables, four pot wet bain-marie, two metal shelves, dual panini press (Buffalo) microwave (Kenwood), stainless steel sink, stainless steel table, hot water boiler (Nisbets), ice machine).
Customer toilet with WC, wash basin, baby change, wall mounted mirror, wall mounted hand dryer.
Storeroom with dual stainless steel sink with directional hose, stainless steel table, stainless steel wash basin, dishwasher (Hoonved), three wall mounted metal shelves, wall mounted soap dispenser, wall mounted paper towel dispenser, chest freezer (Foster), two chest freezers (Tefcold), food blender, flour storage container, rear exit door.
Dry stores with metal storage unit, water tank and commercial water heater, CCTV monitor (6 camera system).

External
Dry storeroom with shelving.
Chipping room with potato storage area, potato chipper (Bold), potato peeler (Bold), spare potato peeler, six plastic chip bins, stainless steel potato soak tank.
Gated rear yard with parking for (1), bin area and stairs leading to the accommodation.

First floor
Roof terrace.
Entrance door leading into an open plan lounge/kitchen/dinning room.
Laundry room with washing machine (Beko), tumble dryer (Grundig).
Two double bedrooms.
Hallway with airing cupboard. Bathroom with bath, WC, wash basin with vanity unit, shower enclosure.

EPC Rating C

The premises benefits from gas fired central heading and UPVC double glazing


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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.

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