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Retail premises for sale

£300,000

Nottingham, Nottinghamshire NG2

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

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Property features

  • Fabulous traditional English fish and chip shop
  • Weekly turnover £9,000, immaculately fitted, superbly equipped
  • Prominent trading position, densely populated commercial/residential area
  • S/C 2 bed accommodation, viewing highly recommended

Property description

Reference - 45854

Description
This is an extremely rare opportunity to acquire a first class traditional fish and chip shop, which occupies a prominent trading position in the popular district of West Bridgford, Nottinghamshire.

Ideally located fronting a busy main road at the heart of a densely populated area of residential and commercial dwellings, with limited competition and ample customer parking in the vicinity. As you would expect, the area is a hive of activity attracting high levels of regular local and passing trade throughout the day.

Having been in present ownership since 2013 it has traded for over 20 years, this highly renowned business has established a truly enviable reputation for offering the finest fresh cuisine served from immaculately clean premises with a warm, friendly service and the business therefore boasts an extensive and loyal customer base.

The business operates from a highly visible and imposing premises which offer an excellent blend of ground floor business and self-contained living accommodation.

The business is fitted to an exceptionally high standard with a comprehensive range of superb quality catering equipment range including a 4-pan gas range with hot display which has been well maintained and serviced annually. The shop was totally refitted in 2013 from top to bottom and no expense was spared in the equipment that was placed in the property.

The business represents an ideal investment for an ambitious family unit who can extend the opening times, expand the menu with the opportunity to also introduce a local delivery service. These enhancements will naturally increase the weekly sales, whilst ultimately enhancing the overall profitability.

This is an exciting opportunity to acquire a first-class business with a bright future. To avoid disappointment, a viewing is highly recommended.

Sales
Currently shop sales average £9,000 approximately.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Friday 11:30 – 22:30
Saturday 11:00 – 23:00

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

Building External
The imposing property has been significantly refurbished offering an excellent blend of spacious ground floor business and self-contained living accommodation to part of the ground floor and the first floor.

Building Internal
The spacious tiled sales area is bright and airy creating a welcoming environment. The business is fitted to an exceptionally high standard with a 4-pan gas range with hot display which has been well maintained and serviced annually.

To the rear there is a fully fitted commercial kitchen with a range of modern, valuable catering equipment, preparation area, potato preparation room, utility area and ample toilet and storage facilities. Externally there is an enclosed bin store.

Residential Accomodation
The property also enjoys excellently presented living accommodation. The ground floor has a kitchen area leading through to the stairs to the first floor with lounge, 2 bedrooms, bathroom and W/C.

Tenure
We are advised that the property is held on a 15-year lease which commenced in 2013. The annual rent is £22,000 exclusive (correct as advised on 05/10/17). Rent reviews are at 5 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is an excellent opportunity to purchase a well-known and highly lucrative business with a bright future. A Viewing is highly recommended to avoid disappointment.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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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 Zoopla to give an indication of potential running costs based on various data sources. Zoopla 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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