Business for Sale in Hinckley, Leicestershire *Huge Potential* Opportunity to acquire this Fish & Chip shop located in Hinckley, Leicestershire.

Business Price £95,000

Key Information

Reference
C35233G
Tenure
Leasehold
Status
For Sale
Region
Leicestershire
Sector
Fish & Chip Shops
Rent Payable
£6,000 +VAT per annum
Business Rates
Nil (SBRR)
Accommodation
No
  • New residential development within the catchment area with 850 homes and a new school
  • Good distance from competitors
  • Opportunity to introduce own delivery service
  • No marketing/advertising (room to implement)
  • Low/reasonable rent only £6,000 +VAT pa
  • Free parking behind + service area

Business Information

EMF is delighted to welcome to the market this leasehold fish and chip shop business, which has been established with its current owners for the last 16 years. It has an excellent local customer base and is nestled in a parade of shops opposite a busy Sainsbury’s Local store in Hinckley, Leicestershire with great links to the A5, A47, M6, M1 and M69.

The business has huge potential with an opportunity to expand the menu by introducing pizza and specialist kebabs for example,  as there are none in the local area. The unit is spacious with ample room to introduce other products. Trading hours could easily be extended as the business currently has early closing times to suit the vendor.

The business comes to the market reluctantly due to illness but comes as a great opportunity for an inbound owner.

In the year to December 2021 the business achieved a turnover (excluding VAT) of £93,942 and a gross profit of £53,017. We estimate that the business before any improvements would produce an income to a full-time working owner of around £41,555 per annum.

  • New residential development within the catchment area with 850 homes and a new school.
  • Good distance from competitors
  • Opportunity to introduce own delivery service
  • No marketing/advertising (room to implement)
  • Low/reasonable rent only £6,000 +VAT pa
  • Free parking behind + service area

Offers around £95,000 +SAV | Ref: C35233G

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