Takeaway for sale

41 Drummond Road - IV2

£274,995

Property Description

Commercial information

  • Business for sale

Key features

  • Excellent trading location in heart of community
  • W/S in excess of £7000
  • Established for over 40 years, Family Run business
  • Huge Potential to increase turnover!, Community supported

Full description

Tenure: Leasehold

Description
Bruce and Co. are pleased to offer for sale Hilton Chip Shop located in highland town of Inverness. Hilton Chip Shop is an extremely popular business with a large customer base of local and loyal residents. The business was established by our clients family over 40 years ago and has gained an enviable reputation for providing quality traditional fish and chip shop menu meals to the community.

Throughout the duration of our clients ownership the business has traded successfully and the owners have continually improved and developed the business by introducing new menu items such as a new range of homemade pizzas and upgrades have also been made to the equipment most of which is new and is in excellent working order. All of these investments have seen the revenue of Hilton Chip Shop increase year on year.

Trade received is predominately repeat custom from the local community although new business is also received due to the prominent trading position of the business which is positioned in the heart of the town adjoining the community centre where events held can attract new custom. The business is situated in a well populated and long established residential area with new residential developments located and in construction close by.

The business trades currently 47 weeks of the year allowing further income to be generated by new owners during these closed/holiday periods. Although Hilton Chip Shop benefits from a high turnover currently there are numerous simple ways to increase this, extending opening hours during the day, mail-shot marketing and introducing a food delivery service to name but a few.


Situation
The business is situated in the Hilton district of Inverness and is conveniently located next to the community centre and next to the local mini-market. Hilton provides easy access to the city centre with regular bus services and is well placed for local schooling at primary level with secondary education available a short distance away. The city centre of Inverness offers a more comprehensive range of amenities including a vast selection of shops and high street retailers. Transport-wise, the options are numerous with a well established bus network, rail services leading North to Wick or South to London and Inverness Airport. The A9 motorway network provides access to and connects with the main central Scotland Motorway system.

Building External
Hilton Chip Shop occupies a purpose built retail space which forms part of the Hilton Community Centre and shopping centre building. This well maintained building provides an ideal home for a business such as this being the heart of the community and linking with other retail services such as local shops.The property is well presented and included in the sale is well maintained and mostly new equipment of which is necessary to operate this type of business including pizza oven, fridges and freezers. A customer service counter with fryer located behind occupies the centre of the shop floor and refrigerated units are positioned behind to store chilled drinks.

To the rear, there is a spacious kitchen/food preparation and storage area and staff WC facilities.


Trading Hours
Mon — Sunday — 16:30 — 2200/2230

Staff
The business is owner run with full/part time staff.


Building External
The front of the property overlooks the children's play area and is situated next to the entrance to the community centre. Parking is in abundance in the local area and in the large car park adjoining the property.

Services
The property has mains water, drainage and electricity.

Trading Figures
Accounts available after formal viewing has taken place.


Summary
Hilton Chip Shop offers potential buyers with an opportunity to purchase a highly successful business which receives huge support from the local community and benefits from a low rental. The business offers new owners masses of potential and so early viewing is essential!

Price
Offers over £274,995 - Leasehold. Stock in trade will be additional at valuation.

Tenure
The property is owned by Highland Council and is held on a 29 year lease which commenced in 2013. Rent reviews are every 5 years and rental is currently £698.49 per month.

Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.

Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 3140 660


Nearest station

  • Inverness (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 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 station

  • Inverness (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 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.

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