Restaurant/cafe for sale in Moira Street, Loughborough LE11

£44,995
Restaurant/cafe for sale
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Property description

Ref 5659 - Roccos Fish Bar

Blacks Brokers are delighted to bring to the market this leasehold fish and chip shop located in Loughborough in Leicestershire.


Introduction


Rocco's Fish Bar has been trading at 111 Moira Street, Loughborough for over five decades and the current owner purchased the business in 2015.


Location


The M1's Junction 23 lies just to the West of Loughborough. The North of the town can be accessed from Junction 24, travelling through Kegworth and Hathern on the A6 road and the South West of the town from Junction 22, via Copt Oak and the small hamlet of Nanpantan.


Reason for sale


Rocco’s Fish Bar has only become available for sale due to the current owner wishing to make a lifestyle change.


Lease


The building is available on a 20 year lease on an Internal Repairs Only lease. The current lease started in 2005. The building has A3 planning and a weekly rent of £175.


Building layout and design


Rocco’s Fish Bar is located in Moira Street close to the town centre of Loughborough in a well populated residential area well linked with the A6, A60 and M1, Loughborough University lies nearby. This 3 storey single fronted shop is located within a small parade of shops. Once inside the design and layout can be fully appreciated, there is a waiting area with a full height 3 pan fryer range. Behind the counter there is a preparation area, kitchen and staff toilet. The lease only concerns itself with the ground floor. Two parking spaces and off road parking for four additional vehicles are also available.


Staff


Rocco’s Fish Bar is a family run concern and therefore a new owner will be able to bring in a new team to run the business.


Financial details


Rocco’s Fish Bar achieves strong annual turnover £93,600 of which £400 - £600 per week comes from JustEat.


Summary


This profitable business offers new owner an exciting opportunity to acquire a traditional fish and shop located within a well populated residential area close to the centre of Loughborough. The business currently trades over 6 days a week and offers plenty of opportunity for growth. It is rare that a business of this calibre becomes available on the open market and therefore early viewings are advised to avoid disappointment.
Business: £44,995.

Please quote ref: 5659

Property info

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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