Fish and Chip Restaurant for sale in Tewkesbury

For sale £89,000 - Catering, General Retail

Long established Fish and Chip restaurant located in a prime position on a busy High street. Enjoying a regular turnover of circa £3500 plus per week. This traditional Fish and Chip shop also offers a selection of pies, and cold beverages and operates split hours over a 6 day week. The business is well maintained, bright and airy with good quality equipment to suit trade.

The attractive restaurant area has 32 covers and serves regularly throughout the day food and hot drinks to shoppers , regulars and tourists Additionally, the business benefits from two apartments one bedroom  upstairs an ideal opportunity for a family run concern. ! We feel this already profitable business has potential for further development, perhaps by expanding food lines, such as Kebabs  and introducing a local delivery service would pay dividends. Additionally by opening all day and opening Sundays to take full advantage of passing trade. With an injection of marketing and advertising to raise awareness of the business would also be beneficial. We would highly recommend viewing this fantastic business which genuinely comes to the market as our client looks towards Retirement /emigration

Leasehold Term: 3 years remain on the current  lease , a new lease will be available  up to 15 years if required

Location Description: The business is based in Tewkesbury , a tourist destination and close to the M5 corridor

Premises Details: This large fronted business nestles within a retail parade and briefly comprises:

Ground floor   Spacious retail area for takeaway customers plus a 32 seater restaurant to side and rear . The business has all the equipment necessary for a new owner to continue and be very successful with substancial profits !!! The preparation area to rear  has  fridge/freezers, stainless steel work areas,  sink, chipper and peeler and an external potato store.

Living Accomodation: Two –one bedroom apartments fully central heated are above the shop and is presently used by the Son s owner . The other apartment could be rented out for up to £450 per month
Business Established: Established in  2005 and under the careful ownership of our client since for 12 years serving this large residential and tourist community.

Number of Employees: The business is owner run and managed with the assistance of 5 part time members of staff.

Trading Hours: The business opens:- Monday to Saturday 12.00 to 8.00 pm & 12.00 to 9.00 pm in Summer – Sunday closed

Rent  amounts to £25000 pa and £8470 rates pa
Reason for selling this business: On the market as our client looks towards retirement and emigration

Fixtures & Fittings The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price circa (list available on viewing )

Viewing Arrangements  All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please ring Kevin Stokes 07775903332

 All information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy,

 

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