Ref 6692 – Leasehold Fish & Chip Shop
Blacks Brokers are pleased to bring to the market this leasehold fish & chip shop located in a busy area of Stoke-on-Trent, Staffordshire.
The Golden Fish Bar has been trading on High Street for over sixty years. Our client took ownership of the business in 2013 due to the superb trading position. The business is well known and has an excellent reputation in the area with a large base of regular customers and a number of good reviews noted on Google and Trip Advisor.
The business is positioned on a busy main road close to both residential properties and large multiples including Londis and The Post Office. The area is well linked by the M6 and A500 with good public transport links and free parking in the immediate area. This trading position brings a huge amount of passing trade in addition to the local custom.
The business is ideally suited to a hands-on owner-operator but due to family commitments the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
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 a fifteen year lease which began in 2013 at a cost of only £125 per week.
The Golden Fish Bar operates from a well presented detached property at the end of a small parade of shops. The business is well branded with large signage displayed outside. Inside, the customer servery and waiting area is spacious and nicely finished with large stainless steel counter fitted with display ovens and large electronic menu boards above. There is a small preparation area and wash up to the rear. The first floor comprises of the fully equipped kitchen and a large store room. All areas are finished with good quality fixtures and fittings. A full inventory is available upon request.
The business is currently operating with two members of staff in employment including a delivery driver supporting our client working on a full time basis.
The Golden Fish Bar has traded well during its impressive trading history. We are advised the business has annual turnover of £88,400. At present, the split of takings is 50% delivery and 50% collection. Full financial details are available after viewing.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This leasehold business occupies a superb trading position on a busy main road and has a base of regular customers from the local area. There is plenty of scope to develop the business further with the introduction of a new online presence and strong marketing drive. This proposition would ideally suit an owner operator or team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £14,999.
Please quote ref: 6692