Retail premises for sale in Sandown, Isle Of Wight PO36

£599,999
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Freehold, Fish & Chips Shop, 3 Bedroom House & 2 x 1 Bedroom apartments.
  • Turnover currently in excess of £2,700 - £2,800pw and growing
  • English fish and chip shop with fantastic growth potential
  • Fantastic main road location in an affluent area, Viewing is highly recommended

Property description

Reference - 46496

Description
This is a unique opportunity to acquire a centrally placed traditional fish and chip shop, offering a take away service with genuine scope to expand the operation both in hours and products sold.

The business is located in Sandown on the Isle of Wight and enjoys a booming all year tourist trade with support from the local and passing trade.

The business benefits from being situated on the main inbound route in an affluent area. Therefore there is easy access to the mainland, Southampton or Portsmouth via car ferry and there is a high level of footfall throughout the day and night.

This is a traditional fish and chip shop that offers its customers a traditional range of freshly cooked fish and chips, chicken, burgers, pies and soft drinks. In addition the vendors also offer gluten free options and have different daily specials, cooked in their own fitted commercial kitchen and 3 pan Price Iverson Range.

The businesses has been established at this location for over 50 years and the current vendor has owned the business for 18 years. The business has an excellent reputation in the area and is presented to a high standard.

The detached 2 storey property is stunningly presented throughout all of the retail areas and offers extensive floor area.

The range is a Price Iverson 3 pan which is approximately 16 years old, it is in excellent condition and undertakes an annual service, with no expense spared on keeping it in first class condition.

Complimenting the range is a fully functional commercial kitchen. Additional equipment includes a chipper and rumbler, bain marie, plus a whole host of commercial fridges and freezers.

In addition to the shop there is owners accommodation, which can be accessed from within the shop or via a separate entrance. The accomodation is well presented with a lounge, kitchen diner, 3 double bedrooms, and a family bathroom with shower.

Co-joining the property is 2 flats, which are owned by the vendors who are pre

Sales
We have been advised that the average sales on the weeks the business is open throughout the year are approximately £2,700 to £2,800 pw

Accounts
Full accounts will be made available to interested parties upon viewings.

Trading Hours
Take Away
Monday to Saturday 17:00 - 20:30
Friday Lunchtime 12:00 - 13:30
Sunday Closed

Staff
The business is run by the vendors with additional help from 3 part time members of staff.

Building External
The shop occupies a large part of the ground floor and the frontage and doors is UPVc frames on the exterior.

There are separate entrances for the apartment’s. There is parking for the owners to the side of the property and clients use the main parking area to the left of the shop and the local free on street parking.

Building Internal
The business comprises of two areas with a single shop front entrance. The doorway leads directly to the main take away counter.

The serving area is split by the counter with the range just behind, and a prep area to the rear. Also within this area is the bain marie and microwave.

A doorway leads to the rear prep area and additional cooking and chilling/freezing storage.

The main chipping and rumbling potato prep area is located to the rear of the store.

Residential Accomodation
The property comes complete with a fully refurbished owners accommodation.

The owners accommodation has a separate entrance to the front of the shop next to the main shop entrance.

The accomodation breifly comprises of a lounge, kitchen diner, laundry room, 3 double bedrooms and a family bathroom.

The property benefits from a large garden that is neatly presented.

The front of the property has parking for up to 6 cars and the flats each have a parking space.

Flats
There is the option to purchase two apartments along with the business and house.

Both apartments are separated out and built on individual deeds from the main property and each has a separate entrance.

The first flat is located on the ground floor and comprises of a lounge/diner, kitchen, 1 double bedroom and a bathroom.

The second flat is the reverse layout of first, is larger and benefits from a small balcony overlooking the garden.

Both flats are currently let out on short term rolling leases and generate £9,800 per annum.

Tenure
The shop and owners accommodation and the 2 flats are freehold.

Should a buyer want the house and business the vendors will also offer a five year option to purchase the flats should this be required.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is an ideal opportunity to purchase a good quality fish and chip shop in such a presentable location offering excellent lifestyle potential.

The vendors are flexible on price and will consider all reasonable offers.

An early viewing is highly recommended to fully appreciate what is on offer here.

Arrange Viewing

For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

Contact Kings Business Transfer about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer 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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