Market Place, Codnor, Ripley, Derbyshire

Kingfisher Fish Bar is a long-established and highly regarded takeaway business together with a substantial freehold property in the heart of Codnor, Ripley. Trading successfully for many years, the business has built a strong local reputation, a loyal customer base and strong repeat trade, with excellent visibility in a prominent roadside position directly opposite a large free public car park.

The business operates as a profitable owner-operated takeaway offering a broad menu of fish and chips, kebabs, pizzas, burgers and other fast food lines. The current owners are looking to retire. Included in the sale is a sizeable double-fronted freehold property incorporating spacious commercial trading areas, substantial ancillary space, generous three-bedroom accommodation, a garage, rear access and a sizeable garden.

Positioned on Market Place in Codnor, Ripley, Derbyshire, the business benefits from high visibility and footfall, close to other local shops, services and amenities, with easy access via the B6016 and nearby A610 into Ripley, Heanor and the wider Amber Valley district. A large free car park sits directly opposite the premises.

The premises are held freehold and comprise a ground floor customer service area with illuminated counter, spacious rear kitchen and preparation rooms with full stainless steel walling and tiled floors, ancillary storage and prep areas, and first-floor accommodation with three rooms, bathroom and hallway. Double glazing throughout and gas central heating (serviced annually). A store room extension to the side provides additional dry storage.

The three-bedroom accommodation above and to the rear is currently used partly for storage and would benefit from general updating, though it offers significant underlying value. It may suit owner occupation, staff accommodation, multi-generational family use, or secondary income, subject to any required consents.

Included in the sale: a Midland Catering Engineers 2-pan range (installed 2012), IMC chipper, Spa bold chipper, Arcway kebab machine, double-deck pizza oven, fridges, freezers, stainless steel worktops, EPOS till system, CCTV, shelving and racking, and approximately £2,000 of stock at valuation. Externally there is a free public car park directly opposite, a rear yard with secure gated access, and a detached garage/store.

Based on the financial year ending March 2025, the business generated turnover of £155,729 (excluding VAT), with gross profit of £110,702 (a gross profit margin of approximately 71.1%) and reported net profit of £62,039. Following normalisation for owner-related costs, wages adjustments and discretionary expenditure, adjusted net profit is estimated at around £70,000, subject to buyer verification.

Currently trading Monday to Saturday, 11.30am-2.00pm and 4.30pm-10.00pm, closed Sundays. The business is run by two full-time vendors supported by two part-time staff. There is clear scope to grow turnover and profitability: opening on Sundays and extending hours, introducing online ordering and delivery platforms such as Just Eat, Uber Eats or Deliveroo, increasing digital marketing, modernising the residential accommodation, and potentially reconfiguring or splitting part of the property for alternative use, subject to planning and statutory consents.

Offered freehold. The vendor is seeking offers in the region of £450,000 for the freehold property, goodwill, fixtures and fittings, and is open to sensible offers from serious purchasers.

Business rates: rateable value £6,400 effective 1 April 2026 (previously £5,400 for 2023/24). The business currently benefits from 100% relief under the Small Business Rates Relief scheme, meaning nothing is payable. 100% relief may be available to a buyer.

Viewing strictly by prior appointment through the selling agents, Everett Masson & Furby.