Takeaway for sale

Farnborough Road, Nottingham, Nottinghamshire, NG11

69 sq. m. | £295,000

Property Description

Commercial information

  • Business for sale
  • 742 sq ft (69 sq m)
  • Use class orders: A5 Hot Food Take away

Key features

  • FISH & CHIP SHOP
  • LEASEHOLD OPTION AVAILABLE 59,995 + SAV

Full description

Tenure: Freehold

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and popular fish & chip shop, which is ideally located within the village of Clifton, near Nottingham.

The business has been in our clients' careful ownership since 2000 and is only now offered to the market due to our client's unfortunate health issues. The business currently operates 6 days per week and generates a turnover in the region of 75,000 per annum, with a gross profit of approximately 57%.

Our clients offer traditional fayre including fish & chips, pies, chicken, burgers, sausages, pizza, kebabs, jacket potatoes and salads, to name a few, as well as a good selection of beverages.

The property boasts approximately 70 sq. metres of floor space. To the ground floor is the main sales and service area, which is very spacious, a rear preparation room, a storage area and a WC. To the first and second floors is a 2 bedroom, self-contained flat, which could be used as owners' accommodation or let out to generate further income.

Although the business is being sold as Freehold it is a long leasehold with a peppercorn rent. There is a leasehold option available for 59,995 + SAV.

The business has built up an enviable reputation within the area and further afield for the high quality and freshness of the food available, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We believe there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to highlight the excellent fayre and service offered. There is also scope to introduce a delivery service within the area.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.


LOCATION
Clifton Fish Bar occupies substantial three storey premises, ideally located within one of the largest housing estates in europe. in the suburbs of Nottingham. The business is situated within a parade of complimentary shops and businesses; therefore, benefiting from a high volume of footfall and passing trade. The business further benefits from off street parking facilities to the front and side of the premises.

We have been advised that now the work on the tram lines are completed, trade is increasing and the business is close to the main tram terminal, with a tram stop for this shopping parade. The area is now undergoing a 3,000-home build which is due to finish in early 2018. As well as these new homes a retail park is being built, that will hopefully boost the footfall of the area. Nottingham city council are looking to invest over half a million pound into the area, boosting turnover of local businesses.

Clifton is a small village on the south bank of the River Trent. The village contains a number of rural cottages and more modern residences. Clifton has two wards in Nottingham (North and South), and as of the 2011 census had a residential population of 26,835.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is Beeston, which is across the River Trent. The area is also well served by the A-roads, with the A453 being within easy driving distance, which links to the national A-road and motorway networks. Nottingham is approximately 4 miles away and Derby is 18 miles away.

PREMISES
Substantial three storey premises in an ideal trading location, briefly comprising:

Ground floor with:

Service and waiting area.
Display boards.
Stainless steel serve over counter.
Two pan range.
Pizza oven.
2 x kebab machines with electric kebab knife.
Double door freezer.
Salad server.
Upright refrigerator.
4 x pot Bain-Marie.
6 x pot Bain-Marie.
Stainless steel preparation table.
Double door upright refrigerator.
New extraction system

Rear preparation room:

6 x burner oven.
Commercial sink unit.
Stainless steel preparation tables.
Rumbler.
Chipper.
Fishrefrigerator.
Double door commercial refrigerator.
Hand wash basin.
4 x camera CCTV system.

Storage area.

First floor self-contained flat:

Separate entrance door.
Lounge.
Kitchen.
Bedroom.
Bathroom.
Separate WC.

Second floor:

2 x double bedrooms (one with walk-in wardrobe).

External:

Well-signed frontage.
Corner position with lay-by and side street parking.
Business backs on to a secure service road with gates.
3 x allocated parking spaces.

TENURE
We are advised Freehold.

There is a leasehold option available, lease details to be agreed.

HOURS
The business is open:

Monday - Thursday: 11.30am - 2.30pm and 5.00pm - 11.00pm
Friday: 11.30am - 11.00pm
Saturday: 11.30am - 9.30pm
Sunday: Closed

STAFF
The business is owner run and managed with 3 x part-time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 75,000 per annum, with a gross profit of approximately 57%.



Nearest stations

  • Beeston (1.8 mi)
  • Attenborough (1.9 mi)
  • Nottingham (3.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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

  • Beeston (1.8 mi)
  • Attenborough (1.9 mi)
  • Nottingham (3.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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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