Hilton Smythe welcomes to the market Alresford Fish Bar, a traditional fish and chip shop which also sells kebabs. There is a 3 bedroom flat located directly above the shop that is being sold with the business, this is currently used by our client but could be let out at £500 per month minimum.
The fish bar has been in the area for several years; however, our client is looking to sell due to family reasons.
Alresford Fish Bar is a traditional fish and chip shop which also sells kebabs and burgers. The business has good online reviews including 4.2/5 on Google and 4.4/5 on Yell.
There are many reasons to buy Alresford Fish Bar including
- Growing residential area
- Low outgoings
- 3-bedroom flat above the shop
- A turnkey business
There is scope for development of the business by considering
- Opening Saturday lunchtimes
- Introducing a delivery service
- Introducing a social media page to promote the business
- Introducing a website to promote the business
Hilton Smythe highly advise early viewing to avoid disappointment.Location
Alresford Fish Bar is in Alresford, just outside of Colchester, Essex on a parade of shops within a highly populated residential area. The other shops include a hair salon and convenience store, which bring extra footfall to the area.
The shop is also located next to Alresford train station which leads to London Liverpool Street. Alresford is an area of residential growth as there is currently a development of at least 145 2,3,4- & 5-bedroom houses being built directly opposite the shop by Taylor Wimpey.Premises
The shop is located on a corner position, next to a convenience store within a growing residential area, next to a train station. The shop is entered from the front and into the foyer/waiting area with tiled walls and floor, drinks display fridge.
The serving counter area has a display chiller for kebab products, fridge, stainless steel preparation area. Behind the counter there is:
- Mallinson’s 4 pan range with 2 chip hoppers and 4 warmers.
- Menu display board
- Kebab spit
- Bain Marie
- Industrial extractor fan
- Behind the serving area is a preparation area with
- Double fridge
- Double freezer
- Chest freezer
- Stainless steel preparation area
- Chipping area with chipper etc.
From the preparation area is the door to the staff toilet and double doors that lead outside to the parking area.
On the first floor is a 3-bedroom flat, which we have not seen inside but have been informed comprises of lounge, kitchen, bathroom and 3 bedrooms.
Within the rear parking area is a parking space and a garage, one each for the flat and shop.Tenure
We are advised the business is being sold as a leasehold business opportunity with an annual rent of £12,000. Our clients inform us that they do not pay business rates.Hours
The business opening hours:
Monday - Friday: 11am – 10pm
Saturday & Sunday: 3pm – 10pmStaff
The business is run and managed by our client, with the help of 2 members of staff.Financial Profile
Alresford Fish Bar generates an advised turnover of circa £130,000. The assets being sold with the business are worth in the region of £30,000 - £35,000. The average stock level is circa £2,000.