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

EXCELLENT INVESTMENT OPPORTUNITY - THE BUSINESS IS STAFF RUN AND THE TURNOVER HAS CONTINUED TO GROW OVER THE LAST 20 YEARS OVERCOMING CYCLICAL RECESSIONS AND THE GLOBAL PANDEMIC WITH POTENTIAL FOR FURTHER GROWTH.

CUSTOMER PARKING TO FRONT AND YARD TO REAR.

6 DAYS OPENING (MONDAY - SATURDAY)

5 STAR HYGIENE RATING.

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

Customer waiting area with separate entrance and exit doors.

Sales counter, EPOS cash register.

Open plan kitchen. Stainless steel extractor, 2 pan Preston and Thomas range, microwave, chipper, 4 pot bain marie, soft drinks fridge, fish fridge, undercounter fridge, etc.

Rear preparation area with double sink and drainer, stainless steel table, upright fridge, etc

Staff cloakroom with toilet and sink.

Dry goods storage which contains large chest freezer, upright freezer, etc with potato prepartion area (potato peeler).

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,200 p.w. Gross profit of 65% approx.

There is potential to increase turnover by increasing the hours of opening and Sunday opening, 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 10 part time staff, transferable as part of the sale.

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 11.30 a.m. - 9 p.m.
CLOSED SUNDAY & BANK HOLIDAYS

Accommodation

Potential to extend the property above to create accommodation, subject to planning pwemission.

Outside

Customer parking to front and yard area to rear.

Tenure

We are advised the vendor is prepared to consider leasing the business at terms to be agreed.

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