Business for Sale in Suffolk (Confidential Sale) Freehold Fish & Chip Shop (Confidential Sale)

Key Information

Reference

CF35957E

Tenure

Freehold

Status

Under Offer

Region

Suffolk

Sector

Fish & Chip Shops

Business Rates

Nil. We are advised that the business benefits from Small Business Rate Relief. Water and sewage rates £700 per annum.

Accommodation

No

Business Information

A delightful freehold family run traditional fish and chip shop located in Suffolk, which has been established since the early 70's and ran by the current owners since 1999 - some 25 years! This is a genuine retirement sale and presents a rare opportunity to acquire this well regarded fish and chip shop.

This is a confidential sale at our clients request - therefore we kindly ask that you complete a short online non-disclosure form for their review before we can release further information on the business, which includes the exact location.

THE BUSINESS

Located in a densely populated residential area in a busy parade of shops, this family run business is well regarded and just outside of the local town centre.

Serving delicious fish and chips, burgers, pies, sausages, chicken nuggets, various other popular dishes and the expected sundries, there is also a good selection of ice cold drinks on offer. Customers can enjoy the convenience of collection/takeaway or delivery, and there is also the option to order online via Just Eat/Foodhub or by telephone. They also cater for children’s parties, weddings and events adding further income streams to the business - this is something that could possibly be expanded on by a new owner.

With a 5 Star food hygiene rating and ample free parking next to the business, it is easy to see why it is popular with customers and has endured the test of time.

As the owners are approaching retirement, the decision was made to only open for 18 hours per week to suit the vendors lifestyle. The opening hours could be increased for a new owner to further maximise turnover and there is little limit to the hours that could be traded.

PREMISES

The premises was purpose built as a fish and chip shop and was purchased from the local council some 25 years ago.

The main fish and chip shop features a 3 pan Blackburn range (economical) with serving counter, 2 microwaves, Casio till, large drinks refrigerator and freezer. The tiled flooring leads to partly PVC style wall coverings with complementary tiling and paintwork. There is completely enclosed ducting and fan extraction, a wall mounted insect zapper and a small sink with water heater.

Moving onto the preparation area, you will find 2 large fridge freezers, double sided stainless steel sink and drainer, water heater, chipper, 2 potato rumblers, extra large potato bin and 3 small ones, preparation counter, filleting board and various utensils. This leads through to a lobby/cloakroom.

There is a separate w.c with hand-wash basin and water heater.

Externally you will find an external storage room of good size for potato storage, 2 further large freezers and shelving.

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ADDITIONAL INFORMATION

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL SALE: This listing is confidential at the vendor's request. In order to release further information on the business – including the business name, location and the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required. We have used our office postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.

REFERENCE NUMBER: CF35957E.

OPENING HOURS: Tuesday to Thursday and Saturday, 4:30pm to 7:00pm. Friday 4:30pm to 8:00pm. Closed on Sunday and Monday.

TENURE: Freehold.

RATES PAYABLE: Nil. We are advised that the business benefits from Small Business Rate Relief.

Water and sewage rates £700 per annum.

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.

STAFF: 5 part-time staff comprising the vendor, 2 family members, a delivery driver and prep. person.

EPC: Where applicable the Energy Performance Certificate is available on request.

PRICE: £215,000 + Stock at Valuation (current estimate £1,000).

For the benefit of the freehold, goodwill of the business, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING: Strictly by appointment only, please get in touch to make an appointment.

FINANCE: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our business!

If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.

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DISCLAIMER

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, flooring 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.