Restaurant/cafe for sale in The Oval, Sutton-In-Ashfield NG17

Restaurant/cafe for sale
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Property description

Hilton Smythe are pleased to welcome to the market the Top Fryer Fish & Chip shop. The business has been operated by the current owner for just under a year and continues to go from strength to strength which due to family commitments has now become available.

The premises have undergone some refurbishment by the current owner with the site having the huge benefit of spacious four-bedroom accommodation to the first floor with a garden and separate access. The site stands on a large plot with ample parking to the front and further work space to the rear and left of the main trading area which could easily accommodate a Pizza oven.

We feel the business has excellent potential for growth with the introduction of a Just Eat app a delivery service and an extension of the food offering to capture a wider market which along with an extension of the trading hours would generate a substantial income for the new owner.

This is a rare and exciting opportunity and must be seriously considered by either a new operator or an established business owner looking to gain another site with residential accommodation which is currently let out on an AST.

The business has recently won an award from the local paper for excellence and is held in high regard by locals and passing trade alike and represents a golden opportunity for someone looking for a site in this sector and is not to be missed.

The business is located on the Oval in Sutton-In-Ashfield Nottingham which is situated four miles west of Mansfield, two miles from the Derbyshire border and twelve miles north of Nottingham.

The business is found to be within a residential area which also has the benefit of additional businesses within the vicinity generating a busy footfall as well as being accessible by all modes of transport.

Refurbished site within an excellent trading location in Nottinghamshire, clean and tidy site with separate food preparation areas .

Two pan well serviced chip fryer and brand new chipper, twin kebab spit with extractor hood over, stainless steel hot food storage units for side pots, all stainless steel shelving and preparation tables, shelving and storage units, display boards and illuminated menu, refrigeration units and preparation utensils, CCTV system, ground floor WC with hand wash basin.

To the first floor is a large four-bedroom apartment with bathroom, spacious lounge area and kitchen.

The flat has a separate access to the side and a rear garden and is currently let out on an AST.

Dual entrance driveway to the front with ample parking and space for potential delivery drivers as well as a separate side entrance to the business premises.

We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £13,000 per annum.

The opening hours are currently 11.30am to 2.00pm and 4.30pm to 9.30pm Monday to Saturday. The business is closed on a Sunday

The business is managed by the current vendor with 4 x part time staff members.

Financial Profile
We are advised the business is currently turning over in the region of £2,500 per week on an upward trajectory trading very limited hours.
There are currently no rates payable on the site.
The apartment is currently let out at £550 per month exclusive with one months notice.

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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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 Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial 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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