Restaurant/cafe for sale in North Albert Street, Fleetwood FY7

£49,950
Restaurant/cafe for sale
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Property description

Ref 6988 Leasehold Fish & Chip Shop and Three Bedroom Accommodation
Blacks Brokers are pleased to bring to the market this leasehold fish and chip shop with three bedroom accommodation in the beautiful beach-front location of Fleetwood, Lancashire.


Introduction


The Chippy! Was established in 1994 and our client took ownership in 2018. The business offers a good range of freshly made foods and has quickly become very well known. It has a strong base of regular customers in place already as well as benefitting from a huge amount of passing trade due to this excellent popular tourist location. Our client has ensured the business has an excellent reputation and boasts a five star food hygiene rating. Superb reviews are noted on Google, Facebook and Trip Advisor.


Location


The Chippy! Occupies a main road trading position. The area is densely populated both with residential and commercial surroundings and is also popular with tourists. The business has good public transport links with a tram stop directly outside. Fleetwood is well linked by the M55.


Reason for sale


The business is ideally suited to a hands on owner operator. Due to our clients ill health a desire to retire the business is offered for sale and therefore presents and excellent opportunity for a new owner operator or team to take the business to the next level.


Lease


The building is available on a competitive rent on a Full Repair and Insure (Fri) lease. This is the most common form of commercial lease. The current lease is a six year lease which began in 2018 at a cost of £199 per week.


Staff


The business operates with our two clients in full time employment supported by one part time member of staff as and when required.


Financial details


The Chippy! Has traded solidly since opening. We are advised that the business has an annual turnover of £82,000. Full 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 business rates payable.


Summary


This well established fish and chip shop occupies an enviable trading position just a short distance away from the beach front. There is plenty of scope to develop the business further with the introduction of deliveries along with the implementation of a website with ordering service and the potential for expansion of the current menu. 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: £49,950.

Please quote ref: 6988

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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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