Restaurant/cafe for sale in Commercial Road, Hereford HR1

£24,995
Restaurant/cafe for sale
Interested in this property? Call +44 161 937 5978 * or Request Details

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Property description

Ref 6907 – Leasehold Fish & Chip Shop/Takeaway With Two Bedroom Accommodation
Blacks Brokers are pleased to bring to the market this leasehold fish and chip shop and takeaway located in the busy town centre of Hereford.


Introduction


Hereford Fish & Chips has been trading from 60 Commercial Road since 2017. The business has become well known and has a strong base of regular customers, maintaining a strong local reputation.


Location


Hereford Fish & Chips is positioned on a busy main road right in the centre of Hereford. Hereford is densely populated and much sought after. The area is well linked by the M50 and A40 with excellent public transport links and parking is available in the immediate area.


Reason for sale


The business is ideally suited to a hands-on owner-operator, due to our client’s other business 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.


Lease


The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is 5 years and began in April 2018. The lease runs at a cost of £392 per week.


Building layout and design


Hereford Fish & Chips operates from the ground floor of a spacious two storey, single fronted property with large signage displayed above. Inside, the servery area is well presented with a large stainless steel counter in place with display ovens. Electric menu boards are fitted above the servery area. There is also a seating area which allows dining for 6 customers. Behind the counter and to the rear of the premises is a preparation/kitchen area. There are also staff toilets and access to the accommodation.

The first and second floors of the property is included in the lease price - at present it comprises of a kitchen, living room and bathroom on the first floor and two large bedrooms on the second floor. This will be vacant upon sale.


Staff


The business is currently operating with two full time members of staff in employment supporting our client on a full time basis.


Financial details


Hereford Fish & Chips has traded well since opening in 2017. We are advised the business currently has an annual turnover of £62,400. Further financial information can be made available after viewing.


Business rates


The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This leasehold business occupies a fantastic trading position right in the centre of Hereford. There is plenty of scope to develop the business further with the introduction of a new menu and also the use of Just Eat and Uber Eats delivery services. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £24,995.

Please quote ref: 6907

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (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 Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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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