Retail premises for sale in Fareham, Hampshire PO16

£25,000
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Main road parade location, parking, affluent area
  • Turnover in excess of £2,000 per week and growing
  • Excellent potential to diversify food and open longer hours
  • Ideal 1st business or seasoned acquisition, excellent reputation, viewing recommended

Property description

Reference - 46815

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

The business is located within Hampshire and enjoys a booming all year local trade, as well as passing trade.

The shop offers its customers a traditional range of freshly cooked fish and chips, chicken, burgers, chicken, pies and soft drinks and have a variety of specials in their own fitted commercial kitchen and 2 pan Preston and Thomas Range.

The business has an excellent reputation in the area and is presented in excellent condition.

This unique business is only now being offered to market due to the owners wanting to retire.

Sales
Currently shop sales average £1,300 to £1,350 per week while operating restricted hours.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Evenings

Monday – Thursday
16:45 – 21:00

Friday
16:45 – 22:00

Saturday
16:45 – 21:00

Sunday
16:45 – 20:00

Lunch
Thursday – Saturday
12:00 – 14:00

Staff
The business is managed by the owners with full and part time members of staff.

Building External
The business occupies a leasehold property spanning 2 floors.

Access into the shop is via the single fronted shop front and door.

Building Internal
Entry is directly off the street and opens out into the main customer area.

The staff serving area is separated from the cooking area by the range. This area also supports fridges and a freezer, along with additional serving utensils and a prep area.

An additional room offers non-slip flooring, with a large selection of fridges and freezers and an additional prep area, and a staircase leads upstairs to 2 rooms, which are currently being used as storage.

To the rear is an enclosed yard with an outside WC. There is some minor renovation work required to this area.

There is a full extraction system to the rear and a gas supply, therefore offering potential to install a professional range to cope with diversity such as Indian or Chinese.

Residential Accommodation
There is no residential accommodation for owners/management available.

Tenure
A new 10-year lease (subject to contract) will be granted at an initial rent of £15,600 per year exclusive, all other lease terms are subject to negotiation.

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 for an individual or seasoned operator wanting to purchase a good 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. Ideal for the first time business owner and diversity exists for possibly Chinese or Indian takeaway too.

Interest is due to be hight due to the options, therefore early viewings are recommended to fully appreciate what is on offer.

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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