Shane's Fish & Chips, Llangewydd Road, Bridgend

SUCCESSFUL & ESTABLISHED FISH & CHIP SHOP BUSINESS FOR SALE

60 Llangewydd Road, Cefn Glas, Bridgend, CF31 4JR

LEASEHOLD BUSINESS OPPORTUNITY | APPROX. 83 YEARS REMAINING | CIRCA £6,000 WEEKLY TURNOVER | ALL EQUIPMENT INCLUDED | ESTABLISHED TRADING BUSINESS | STRONG RESIDENTIAL CATCHMENT | GENUINE REASON FOR SALE

Wisemove Estate & Lettings Agents are delighted to offer to the market this established and successful fish and chip shop/takeaway business occupying a prominent position on Llangewydd Road in the popular residential area of Cefn Glas, Bridgend.
This represents an excellent opportunity to acquire an established, fully operational takeaway business with a reported weekly turnover of approximately £6,000, together with the considerable benefit of approximately 83 years remaining on the existing lease.
The business is currently trading successfully and is being offered for sale due to a genuine reason for sale.

A major advantage for an incoming purchaser is that all existing business equipment is included within the sale price, offering the opportunity to acquire a functioning business and continue trading without the substantial initial capital expenditure normally associated with fitting out a commercial takeaway premises.

THE BUSINESS
The premises are currently operated as a traditional fish and chip shop serving Cefn Glas and the surrounding Bridgend area.
With an established customer base and current reported turnover of approximately £6,000 per week, the business provides an attractive proposition for both experienced food operators and purchasers looking to enter the takeaway sector.
Based upon the vendor's stated weekly turnover, this equates to an indicative annualised turnover of approximately £312,000, assuming consistent trading across 52 weeks. Prospective purchasers should satisfy themselves as to turnover, profitability and accounts as part of their own due diligence.
Despite the existing level of trade, the vendor considers there to be further potential to develop turnover through additional marketing, extended or revised opening hours, online ordering, delivery platforms, social media promotion and further development of the existing menu, subject to the purchaser's preferred business model and any necessary consents.

LOCATION
The business occupies a position at 60 Llangewydd Road, Bridgend, CF31 4JR, within the established residential community of Cefn Glas.
The location benefits from a substantial surrounding residential catchment while also being conveniently positioned for access to Bridgend town centre and neighbouring communities.
Cefn Glas forms part of the wider Bridgend urban area, providing the business with access not only to its immediate local customer base but also to the considerably larger population throughout Bridgend and the surrounding communities.
Bridgend County Borough recorded a population of approximately 145,500 at the 2021 Census, representing growth of approximately 4.5% between 2011 and 2021.
The business is therefore well positioned within an established residential area and a growing wider local authority population, supporting the potential for repeat local trade as well as customers from the wider Bridgend area.

AN ESTABLISHED TRADING LOCATION
The premises have an established history of use as a fish and chip shop/takeaway, making this particularly attractive to purchasers seeking an existing operation rather than starting a new business from an empty commercial unit.
The established nature of the location, existing equipment and current turnover considerably reduces many of the practical challenges associated with establishing a completely new takeaway business.
The surrounding area comprises predominantly established residential neighbourhoods, providing an important local catchment for a convenience-led takeaway operation.

CURRENT TURNOVER
The vendor advises that the business currently achieves turnover in the region of:
£6,000 PER WEEK
Equivalent to approximately:
£312,000 PER ANNUM
when annualised over a full 52-week trading year.
Full financial information and supporting documentation may be made available to genuinely interested parties, subject to appropriate confidentiality arrangements and the vendor's approval.
All figures quoted are supplied by the vendor and should be independently verified by the purchaser and their professional advisers.

FURTHER GROWTH POTENTIAL
Although already trading successfully, the business offers scope for an ambitious new operator to explore opportunities to further increase sales.
Potential areas for growth could include:
* Increased digital and social media marketing;
* Development of online ordering;
* Greater use of food delivery platforms;
* Promotional offers and customer loyalty initiatives;
* Expansion or diversification of the menu;
* Increased lunchtime and evening trade;
* Revised or extended opening hours where commercially appropriate;
* Targeted marketing throughout Cefn Glas and neighbouring Bridgend communities;
* Development of family meal packages and promotional bundles; and
* Further exploitation of the sizeable surrounding residential catchment.
These opportunities are illustrative only and will be dependent upon the purchaser's business strategy and any necessary permissions or contractual arrangements.
LEASEHOLD

The business is offered for sale on a leasehold basis, with the vendor advising that approximately 83 years remain on the existing lease.

Such a substantial unexpired lease term is an important feature of the sale and provides an incoming purchaser with the opportunity to acquire a long-term interest in an established commercial location.

Full details relating to the lease, ground rent/service charges (where applicable), permitted use, repairing obligations and other relevant provisions will be made available to interested parties and their legal representatives.
Purchasers will be expected to undertake their own legal due diligence in relation to the lease.

FIXTURES, FITTINGS & EQUIPMENT
ALL EXISTING BUSINESS EQUIPMENT IS INCLUDED WITHIN THE AGREED SALE PRICE, subject to an agreed inventory.
This represents a significant benefit to an incoming purchaser, allowing them to acquire an established trading operation complete with the equipment currently used to operate the business.
A detailed inventory of fixtures, fittings and equipment can be agreed as part of the sale process.

KEY FEATURES
* Successful and established fish & chip shop/takeaway
* Prominent Cefn Glas location
* Established residential customer catchment
* Reported turnover of approximately £6,000 per week
* Indicative annualised turnover of approximately £312,000
* Approximately 83 years remaining on lease -lease and remaining term to be verified by a solicitor
* All existing business equipment included in sale
* Business currently trading successfully
* Established trading location
* Potential to further develop turnover
* Access to the wider Bridgend customer base
* Bridgend County Borough population approximately 145,500 at the 2021 Census
* Genuine reason for sale
* Excellent opportunity for owner-operator, family business or established takeaway operator

AN EXCELLENT BUSINESS OPPORTUNITY
Opportunities to acquire established food businesses with a substantial remaining lease term, existing equipment and demonstrated levels of turnover can be difficult to find.
This sale provides an incoming purchaser with the opportunity to acquire an established operation in a well-populated residential part of Bridgend while retaining the potential to develop the business further.
The opportunity may particularly appeal to an experienced fish and chip shop operator, an existing takeaway business seeking expansion into Bridgend, a family-run operator or an entrepreneur looking for an established trading business.
The vendor's decision to sell is for a genuine reason, and early enquiries from serious purchasers are encouraged.

VIEWINGS & FURTHER INFORMATION
Viewing is strictly by prior appointment through Wisemove Estate & Lettings Agents.
As this is an actively trading business, interested parties are respectfully requested not to approach staff, customers or attend the premises to discuss the sale without a prior appointment.
Further financial information, lease documentation and details of the equipment included within the sale can be provided to suitably qualified prospective purchasers, subject to the vendor's instructions and appropriate confidentiality requirements.

BUSINESS FOR SALE - LEASEHOLD
lease and remaining term to be verified by a solicitor
Viewing strictly by appointment.
Important Notice

Turnover and financial figures have been provided by the vendor and have not been independently audited or verified by Wisemove Estate & Lettings Agents. Prospective purchasers should make their own enquiries and obtain independent financial, legal and professional advice before entering into any commitment.

Population information is based upon published 2021 Census information for the wider Bridgend County Borough and should not be interpreted as the population of Cefn Glas itself.



Tenure: Leasehold (83 years)