Restaurant/cafe for sale in Leeming Street, Mansfield NG18

£59,995
Restaurant/cafe for sale
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Property description

Business

Hilton Smythe welcomes to the market the Leeming Street Fish Bar.

The business has been operated by the current owner for over 18 years and has built up an enviable reputation in Mansfield for quality and service and which due to retirement this long-established business opportunity is now available.

The site sells all the usual chip shop favourites and benefits from its town centre location and presents a rare and exciting opportunity for a new owner to take a busy site to the next level. This could be achieved by extending the current trading hours and expanding the current menu and food offering further by possibly introducing a pizza oven to the site, developing a stronger on-line presence along with card payment facilities, introducing the Just Eat App and also a delivery service to the surrounding area.

The site presents a rare opportunity within this crowded sector with genuine growth potential, the site also has the added benefit of 2/3 bedroom accommodation perfect for owner/staff occupancy.

The Leeming Street Fish Bar is a golden opportunity with very sensible in-going and running costs with huge growth potential with the additional benefit of new lease terms to be agreed.

Location

Located towards the top of Leeming Street in the centre of Mansfield Nottinghamshire.

The site is easily accessible on foot and by all modes of transport just off the main outer ring road.

The site benefits from having a town centre bus stop to the front and plenty of pay and display parking just a short stroll away with the added benefit of free short stay parking

Premises

Town centre property incorporating a ground floor trading area with 2 x entrances, busy bus stop to the front.

Main service counter with hot food showroom incorporating:


  • 3 x Pan Preston Thomas fish fryer.

  • 2 x Kebab spits with stainless wall coverings and stainless extractor,

  • Stainless hot food storage units,

  • Bold Chipper

  • Stainless-steel food preparation counters and storage facilities,

  • Refrigeration units,

  • Stainless sinks & shelving.


To the first floor is 2/3 bedroom living accommodation with a kitchen, bathroom and living room

Tenure
We are advised the business is being sold as a Leasehold opportunity with new lease terms to be agreed with the current vendor with rent anticipated for the site to be in the region of £13,000 per annum.

The business takes rent of £700 per month from the three bedroom flat.

Hours

The opening hours are currently:

Monday to Thursday 4.00pm to 12.00am

Friday & Saturday 4.00pm to 4.00am

Sunday 5.00pm to 2.00am

Staff
The business is run and managed by the current vendor with 2 x full time and 2 x part time staff

Financial Profile

We are advised the business is currently turning over in the region of £160,000 per annum

There are currently no business rates payable.

Arrange Viewing

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

Contact Hilton Smythe Commercial 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 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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