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Takeaway for sale

111 Moira St - LE11

£55,000

Property Description

Commercial information

  • Business for sale

Key features

  • Well established traditional Fish & Chips shop
  • Weekly turnover £1,700, 6 days only, scope to extend hours
  • 5 star food hygiene rating
  • Prime position, viewing highly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is a rare opportunity to acquire an established and well known traditional fish & chips takeaway, which occupies a prime trading position that is ideally situated in a densely populated area of residential dwellings, within a short distance of the town centre ensuring the area is a hive of activity throughout the day, generating high levels of regular, local and passing trade.

Having successfully operated in the locality for many years, this highly renowned business has earned a truly enviable reputation for offering the finest fresh cuisine, with a warm, friendly service. The business therefore enjoys an extensive and loyal customer base, attracting repeat trade from the immediate vicinity as well as from neighbouring villages and towns.

The imposing end terraced, single fronted shop premises, provides an impressive fully tiled sales area which is light and airy, creating a welcoming environment. The business is fitted to a high standard with an extensive range of excellent quality catering equipment, including a three pan gas counter range with hot display.

This is a successful and highly lucrative business, yet still offers potential for further improvement. The business is currently registered with Just Eat and is seeing the trade rise from this.

The business would ideally suit an ambitious and energetic couple who can extend the hours until later into the evening, with the opportunity to also expand the menu. The business also closes for two weeks a year.

These enhancements will undoubtedly increase the weekly sales, whilst ultimately maximising overall profitability.

In order to fully appreciate this exceptional business which is generating good profits, viewing is highly recommended.


Sales
Currently shop sales average £1,700 approximately.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday — Saturday 11:30 — 14:00, 17:00 — 22:00

STAFF
Managed by the owners.

Building Exterior
Single fronted end terraced property offering an excellent spacious business accommodation.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.


RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the property is held on a 20 year lease which commenced in 2010. The annual rent is £10,500 exclusive (correct as advised on 28/08/15). Rent reviews are at 5 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
This is an excellent opportunity to purchase a first class business with a versatile property and viewing is strongly recommended to avoid disappointment.


Map & Street View

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