Business for Sale in Norwich, Norfolk - FISH AND CHIP SHOP - NORWICH CITY CENTRE - Leasehold: £135,000

Key Information

Ref
CF34881E
Type
Food Service Businesses: Fish & Chip Shops
Location
England: Norfolk
Tenure
Leasehold
Status
For Sale
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Call us on 01603 662662
  • Great Location in Busy Area

  • Very Well Presented - As New
  • Takings of c. £5k per week
  • Opposite Anglian Square

  • Long Lease

  • Lots of Passing Trade

  • Low Rent and No Rates

  • Website and Own App

  • Take-Away, Eat-In & Deliveries

  • Strong Social Media Presence

PARTICULARS

We are delighted to bring to the market this excellent city centre fish and chip shop situated in a busy high street location with an additional strong online presence helping to generate a good weekly turnover that has continued to grow since it’s relatively recent opening.

Having been fully renovated the shop is now very well presented and as such it is likely to be of much appeal, so please do contact us at your earliest convenience to arrange a viewing.

THE BUSINESS ITSELF

The business itself was recently established in late 2019having previously been a butchers shop. It only now comes onto the market due unfortunately to ill health however the vendor has done an excellent job of developing the business and building up the turnover in that period of time.

As well as renovating the property to a high standard the vendor has also been very proactive in growing their online profile with a well designed website and mobile app for placing orders through. This has provided invaluable during lockdown and with the added benefit of doing their own deliveries, as well as those through the well known food delivery sites, the business has flourished during this difficult period.

The vendor advises that they are currently enjoying average weekly sales of around £5k with a profit in the region of £1,250 on a staff run basis, which offers scope to an owner operator to achieve even more. Currently they are ordering 25-30 bags of potatoes a week however during lockdown with turnover up to c. £9k per week this was much more demonstrating the capacity that the business has.

ACCOMMODATION
ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

The property is situated on a busy road just off the city centre and opposite Anglian Square, which is the subject of a proposed major redevelopment scheme which will no doubt bring more customers in over time. There is a high footfall of passing trade with a pedestrian crossing in front of the shop as well as a main route bus stop.

The attractive facade greets you as you enter into the newly refurbished shop where the vendor has created a traditional but contemporary feel providing a warm welcome and a sense of freshness and quality. The walls are finished with a mixture of solid timber cladding and a brick effect covering with the extraction system having been made a central feature point in stainless steel.

There is a customer seating area which can accommodate approximately 8 covers leaving space in front for customers ordering at the service counter with EPOS till and next to the Preston and Thomas 2 pan range.

Through the door to the rear kitchen which you will find has been split into two sides, one being the wet prep area with peeler, chipper, sink, hand sink, griddle, and cutting counter. The other being the dry area with tall fridge, freezer and a range of shelving for dry goods. There is then a door to the rear lobby with staff toilet off and door to shared external yard with side access for bin collection.

The overall size of the front customer and service area is c. 15.5 sqm with the rear kitchen area being a further c. 17.5 sqm giving an overall floor space of c. 33 sqm / 355 sqft. The shop has the further benefit of CCTV being fitted.

All in all the property, whilst compact, is in great order, you can walk straight in without having to spend any money on it, and it comes with a favourable lease with a low rent and no rates, all in a busy location.

FURTHER INFORMATION

OUR REFERENCE
CF34881E.

OPENING HOURS
Monday to Saturday 1:00pm to 9:30pm.

TENURE
Leasehold. 19 years to run of a 20 year lease.

The Purchaser will be responsible for the landlords costs and fees in connection with the assignment of the new lease.

RATES PAYABLE
No business rates are currently payable as the vendor has applied for and been granted Small Business Rate Relief

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

RENT PAYABLE
£7,680 per annum. Rent reviews every 5 years.

VIEWING

Strictly by appointment only, please call our Norwich Office on (01603) 662 662 to make an appointment.

FINANCE

Finance may be available to suitable purchasers.

BUSINESS TO SELL?

Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

PREMIER MARKETING

We take care to present our businesses to a standard like no other. Offering quality property particulars as well as detailed information on Rightmove.co.uk, other portals and our own website, make your business stand out from the crowd - call us today!

UNHAPPY?

Do you feel you are receiving the level of service promised by your agents? If not, we would be happy to carry out a FREE no obligation marketing appraisal of your business.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.


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