Restaurant/cafe for sale in Thetford, England, United Kingdom IP25

Business
Please quote reference B07853

CoGoGo welcomes to the market Lil Gary's Plaice Ltd T/A Little Gary's Plaice, a highly rated Fish and Chip shop in Watton, Norfolk.

This traditional Fish and Chip shop was originally established by our client in 2005, building up an excellent reputation and regular customer base. As seen by the online ratings and reviews on Google, the business is well respected and extremely popular within the town.

Little Gary's Plaice has now come to the open market due to our clients desire to retire.

The business is the only traditional fish and chip shop in Watton, thriving on their customer service.

Key selling points -

• Well established


• Only traditional Fish and Chip shop in the area


• Excellent reputation


• Regular customer base


• Inside seating area

Scope for further growth -

• Increase advertising and marketing


• Create a dedicated business website


• Extend trading hours


• Expand the menu/add a typical takeaway menu


• Introduce a delivery service via Uber Eats, Deliveroo or Just Eat

Location
Lil Gary's Plaice Ltd is located on High Street in Watton, Norfolk.

Due to its position on the main road, it receives regular levels of passing trade.

Premises
Ground floor -

• Entrance to the front of the shop


• Service counter area


• Seating area


• Office, kitchen, toilet and storeroom to the rear of the premises

First floor -

• 2 Bedroom flat with a kitchen and bathroom

External areas -

• Large yard


• Separate freezer shed


• Separate potato and dry goods shed

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 20 year lease (commencement date - 12th July 2019). The current rent is £13,900 per annum.

Hours
The current trading hours are -

Monday - Closed

Tuesday to Thursday - 12:00pm - 1:30pm & 4:00pm - 7:30pm

Friday to Saturday - 12:00pm - 1:30pm & 4:00pm - 8:00pm

Sunday - Closed

Staff
We are advised that the business has 6 members of staff.

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £250,000. Further financials can be made available upon request.