Leasehold Fish & Chip Takeaway Located In Atherstone

Atherstone
£139,950
Business ID:
#2569
£139,950
  • Ref: 2569
  • Type: Fish and Chip Shop
  • Availability: Sold
  • Veritas Categories: Catering, - Fish & Chip Shop, Takeaways
  • Business ID: 2569
  • Commercial Tenure: Leasehold
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Property Features

  • Leasehold
  • Fish & Chip Takeaway
  • Further Potential
  • Scope to Add Pizzas
  • Turnover over £5,000 Per Week
  • A5 Consent

Full Details

Leasehold Fish & Chip Takeaway Located In Atherstone
Ref 2569

Location
This respected Fish & Chip Takeaway is located in the market town of Atherstone, Warwickshire. Situated within a prominent and highly visible trading position on Lister Road and next door to a Premier Convenience store. The immediate area is densely populated with residential houses and benefits from plenty on businesses and industry nearby. Atherstone town centre is (0.6 miles) away and is easily accessed by the A5 which takes you to Tamworth or Nuneaton.

Leasehold Asking Price: £139,950 plus SAV (£2,000)

Business Description
Veritas Business Sales are privileged to offer to the market this delightful Fish & Chip takeaway which is located in Atherstone. The business has been established for 5 ½ years and has been in the careful hands of the current owner since October 2018. The business is now being offered for sale because my client has a franchising opportunity that he wishes to pursue.
Since ownership there has been continual investment to include 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. Lister Road Fish Bar is owner operated with the help of 5 part time member of staff and generates an average weekly turnover of £5,000-£5,500. Circa £1,800 per week derives from deliveries via Just Eat. They serve a fine range of fish & chips, pies, saveloys, condiments, kebabs, burgers and cold drinks.
We believe that a new owner could increase trade by extending the current opening times and increasing the food offering and adding pizzas. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this is one not to be missed.

Opening Times
Monday – Wednesday – 5.00pm – 9.00pm
Thursday – Saturday – 12.00pm – 2.00pm – 5.00pm – 9.00pm
Sunday – closed

Leasehold
Original Term: 10 years (council lease)
Remaining: 5 years
Reviewed: 3 yearly
Rent: £12,720 pa
Business Rates: zero

Ground Floor
Takeaway comprising: serve over sales counter, EPOS till system, 3 pan range (Middleton) with warming cupboard and chip & scraps box, double kebab machine (Archway), single kebab machine (Archway), kebab meat shaver, stainless steel wash basin, stainless steel table, 2 x wall mounted stainless steel shelves, 3pot wet bain-marie x 2 (Buffalo), worktop with base units, extraction canopy, upright drinks fridge and 5 menu boards.
Kitchen with worktop with 4 ring gas hob, base & wall units, extraction canopy, 2 x chest freezers, fat filtration machine (Opal system 2000), stainless steel double door fridge, stainless steel sink drainer with directional hose, wash basin, and stainless steel fish fridge.
Chipping room with potato chipper (Bold), potato peeler (Bold), stainless steel potato soak tub, 2 plastic potato soak tubs, potato storage area and rear exit doors.
Staff W/C with wash basin and combination boiler (Main).

External
Shared rear service road with vendors parking for (1).
Storeroom/bins store.

EPC Rating D