Commercial Property for sale

Bury Fish & Chip Shop

£220,000

Property Description

Key features

  • 400,000+ p.a. TURNOVER (Established & profitable business)
  • Prominent town centre location immediately adjacent to major local retail destination - 'The Arc' shopping centre
  • Excellent footfall, next to main bus route with all year round trade (repeat & referred, local & visitor custom)
  • Highly visible floor to ceiling glazed shop frontage
  • Potential to increase sales through menu expansion & extra opening hours
  • Fully equipped takeaway & 32 cover restaurant (premium inventory included)
  • Rare opportunity & viewing essential

Full description

Tenure: Leasehold

SOLID, RELIABLE & VERY PROFITABLE BUSINESS, HIGH
FOOTFALL & ALL YEAR ROUND TRADE

Rare business opportunity to acquire a popular and profitable Fish and Chip shop located in a desirable West Suffolk market town within easy reach of Newmarket and Cambridge and all major road networks. This substantial property enjoys a prominent town centre trading position, situated only 50 metres from the main pedestrian thoroughfare linking the award-winning Arc shopping centre to the boutique shops of the historic town centre. Tesco Express is situated opposite and a busy bus route stops just 10 metres from the premises. Presents opportunity to increase sales through extra opening hours and expansion of menu.

A highly visible and elegant double glazed frontage attracts all year round, high volume passing trade (both regular local and visitor). The shop provides a smart takeaway area with the benefit of a 32 cover customer dining facilities.

FULL DESCRIPTION
Whatley Lane Estate Agents are delighted to offer this exciting opportunity to take over the running of a popular and successful Fish and Chip Shop in the heart of Bury St. Edmunds. It offers new owners a turnkey operation, without the need for changes or additional improvements. Premium Branded inventory of Fixtures & Fittings included.

EXPANSION POTENTIAL

The current owner operates a short traditional English menu, which could be easily expanded. Further opportunity exists to increase sales through extra opening hours.

BUSINESS OPERATION
ASKING PRICE:
£250,000 (sale not subject to VAT)

TURNOVER:
£400,000+ per annum

Accounts can be made available upon request.

TRADING HOURS:
11:30am - 7:00pm > Monday
11:30am - 8:30pm > Tuesday
10:30am - 8:30pm > Wednesday
11:30am - 8:30pm > Thursday
11:30am - 8:30pm > Friday
10:30am - 7:30pm > Saturday
11:30am - 7:00pm > Sunday

N.B. Our client has informed us there is no restriction on opening hours


PROPERTY INFORMATION
TENURE:
Leasehold

LEASE TERMS:
18 years remaining on the original 25 year lease. Current rent payable £22,000 per annum.

BUSINESS RATES:
St. Edmundsbury District Council (01284 763 233)
Rate payable £8,000 per annum

SERVICES:
Mains water, drainage and electricity are connected. Note: none of the services have been tested by the agent.

POSITION & CONFIGURATION
Prominent premises, having elegant fully glazed frontage beneath a smart fascia with awnings and outdoor bench seating. This large premises is split into two areas:-

Takeaway Area
To the right is the takeaway service counter with a large range and window seating to the front.

Restaurant Area
To the left is a 32 seat restaurant with cloakroom facilities beyond.

There is also a fully fitted and equipped kitchen to the rear with separate potato works, large storage and other preparation areas.

Viewing Arrangements
Strictly by prior appointment through the seller’s sole agent: Whatley Lane Estate Agents (WLEA). If there is anything of particular importance, please contact us to discuss, especially before embarking upon your journey to view the property.

Directions
From the town centre, proceed west from Cornhill along the traverse towards the Arc passing Boots and then turn right where Bury Fish & Chip Shop can be found 50 metres on the left. Our Whatley Lane Estate Agents ‘Business For Sale’ board is highly visible on the premises.


More information from this agent

Nearest stations

  • Bury St. Edmunds (0.5 mi)
  • Thurston (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Whatley Lane, Bury St Edmunds

1 Churchgate Street, Bury St. Edmunds, IP33 1RL

01284 633007 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bury St. Edmunds (0.5 mi)
  • Thurston (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Whatley Lane, Bury St Edmunds

1 Churchgate Street, Bury St. Edmunds, IP33 1RL

01284 633007 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference WHA1000629. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Whatley Lane, Bury St Edmunds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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