Traditional Fish & Chip Shop in South Wales For Sale

Detached property, excellent trading position, residential area, GWENT, SOUTH WALES

Turnover £ 7,000
Price £275,000

Features

Traditional Freehold Fish and Chip Shop

PARKING TO FRONT

6 DAYS OPENING

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, in the region of 350 ft², Tiled flooring, suspended ceiling with lighting.

Customer waiting area.

Sales counter, electronic cash register.

Open plan kitchen. Stainless steel extractor, 3 pan Preston and Thomas range, microwave, fish chip skuttle, soft drinks fridge, fish fridge, wash hand basin, etc.

Rear preparation area comprising - Double sink and drainer, stainless steel table, etc

Staff cloakroom with toilet and sink.

Dry goods storage.

Potato prepartion area - Potato peeler, chipper. Large chest freezer, fish freezer, wash hand basin, etc.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. Gross profit of 65% approx. Accounts year ending 31st March 2025 showed sales of £316,631 with a Gross Profit of £84,203

There is potential to increase turnover with the development of a website and on line sales.

Staff

The business is at present operated predominantley by the staff with 1 full time manager with the assistance of 9 part time staff.

We are informed the wage bill averages £2,000 p.w. approx.

Trading Hours

6 Day week
MONDAY - THURSDAYS 11.30 a.m. - 9 p.m.
FRIDAY 11.30 a.m. - 9.30 p.m.
SATURDAY 11 a.m. - 9 p.m.
CLOSED SUNDAY

Outside

Yard area to rear.

Tenure

FREEHOLD.

Business Rates from April 2025 £444 approx. after small business relief. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2005, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS' OTHER BUSINESS INTERESTS.

Price

THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 192,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote