Ref 5953 – Leasehold Fish & Chip Shop With Accommodation
Blacks Brokers are proud to bring to the market this leasehold fish and chip shop with accommodation located in a busy and densely populated area of Middlewich, Cheshire.
Middlewich Fryer has been trading on Lewin Street for over 50 years, with our client in ownership since 2010. The shop is very much part of the local community with a large, loyal customer base and a superb reputation offering the finest quality food choices at competitive prices and the business boasts a 5* hygiene rating.
This area of Middlewich is predominantly residential and is just outside the town centre. There is a municipal car park close by and free parking available in the immediate area. Middlewich is well linked by the A54 and M6.
Middlewich Fryer is only being offered for sale due to our client’s family commitments.
The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is 25 years with rent reviews every 3 years. The current lease began in 2000 at a cost of £11,760 per annum.
Middlewich Fryer is housed within the ground floor of a single fronted unit with white on black signage displaying the strong brand name. There is a single entrance to the shop and a separate entrance to the rear for the accommodation only.Inside, the main servery area has a large range forming a counter and a small reception area. Behind is a well-equipped preparation area with staff toilet. The accommodation is housed within the first floor and is self-contained. The accommodation comprises of one double bedroom, lounge area, fitted kitchen and bathroom.All areas are finished to a high standard with good quality fixtures and fittings.
Middlewich Fryer is currently operating with four members of part-time staff in employment.
Financial details are available upon a viewing of the business and Middlewich Fryer has traded solidly over its trading history. The business generates an annual turnover of £85,000 with gross profits of £54,000.
This leasehold business is a long-established, well-liked eatery in this area with a large customer base and superb reputation including 5* hygiene rating. There is scope for development into deliveries and online orders – this is much in demand in the area. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised – please note viewing of the accommodation is limited and will need to be discussed with our client. Business: £39,995.
Please quote ref: 5953