Leasehold Fish & Chip Restaurant & Takeaway Located In Ledbury

Established Leasehold Fish & Chip Restaurant & Takeaway Located In Ledbury
Facebook 5 Star Rating / TripAdvisor 4.5 Rating
Immaculate Two Bedroom Accommodation Above
Ref 2562

Location
This respected Fish & Chip Restaurant & Takeaway is located in the market town of Ledbury. Positioned on The Homend (A438) which is the main throughfare road within the town. Ledbury offers an array of niche independent retailers and only a couple of large Blue Chip retailers. Ledbury lies to the east of Hereford (15 miles) and west of the Malvern Hills (15.4 miles). The town is highly accessible via the A449 and the A417, and the M50 motorway which runs to the south. Additionally, Ledbury is also a commuter town with the railway station offering direct services to key cities such as Hereford, Worcester, Birmingham, Oxford, and London Paddington.

Leasehold Asking Price: £64,950 plus SAV (£2,000)

Business Description
Veritas Business Sales offer to the market this delightful grade II listed Fish & Chip Takeaway & Restaurant which is located in Ledbury. The business dates back to the 1960’s and has been in the careful hands of our client since June 2019 and is now reluctantly offering the business for sale due to them relocating.
Since ownership they have refurbished, redecorated and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Y-Pass Fish & Chip Shop is owner operated with the help of 5 part time members of staff and has an average weekly turnover of circa £4,500. They serve a fine range of fish & chips, along with, pies, condiments, burgers, chicken and cold drinks. They have a popular collection service and also offer vegan, vegetarian and gluten free options.
We believe that there is further potential to increase trade should you wish, by extending upon the current opening times, expanding the food offering and by joining the online delivery portals such as Just Eat & Deliveroo. The business has built a strong reputation within the local community and beyond for serving high quality food and as such has a high level of regular and repeat trade along with passing tourists. This is a superb opportunity to purchase an established restaurant & takeaway with further potential which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Opening Times
Monday – closed
Tuesday – Thursday – 12.00pm – 2.00pm – 4.30pm – 8.00pm
Friday & Saturday – 12.00pm – 8.00pm
Sundays – closed

Leasehold
Term: 20 year lease
Remaining: 8 years
Reviewed: 3 yearly
Rent: £14,232 pa
Rates: zero

Ground Floor
Takeaway comprising: wall mounted menu blackboards, tables & chairs to cover (24), condiments cupboard, serve over sales counter, 3 pan range (Preston & Thomas) with 2 x chip boxes and 2 x scraps boxes, free standing wash basin with electric water heater, worktop with base units, undercounter fridge, undercounter freezer, fat filtration machine (Aries 3), cash register (Casio), hot water boiler (Burco), 4 pot wet bain-marie and an upper level seating area with tables and chairs to cover (4), rear exit door.
Kitchen comprising: stainless steel sink drainer, dishwasher, commercial microwave, stainless steel table x 3, water heater (Ariston), dual deep fat fryer (Lincat, used for gluten free) and an upright fridge (Iceking).
Dry stores comprising: worktop with commercial can opener, 3 x chest freezers, 3 x wall mounted storage shelves and storage racking.
Chipping room with stainless steel table, potato chipper (Crypto Peerless), potato peeler (Crypto Peerless), batter mixer, flour storage container, 3 x plastic potato soak bins, stainless steel sink drainer, undercounter fridge and an upright fridge.
Storeroom with potato storge area and 2 storage racks.
Staff W/C with wash basin and electric water heater.
The property benefits from a new fire alarm system with emergency lighting and all electrics were updated in 2020.

External
Frontage with yard area.
Small overspill restaurant with tables & chairs to cover (8). W/C with baby change, wash basin and electric water heater. Rear courtyard with picnic tables to cover (18). Part of that area is covered. There is also a bin area and a wooden storage shed.
Self contained entrance door to the flat. Hallway with laundry area, understairs storage cupboard and stairs leading to the first floor.

First Floor
Landing with storage cupboard and velux window.
Lounge with oak beams, storage cupboard and 2 x velux windows.
Fully fitted kitchen with velux window.
Bathroom with bath, W/C and wash basin.
Double bedroom with fitted wardrobe.
Double bedroom.
The flat benefits from a combination boiler and gas fired central heating.
Council Tax £1,434.58