Business for Sale in HIGHBRIDGE, Somerset FISH & CHIP TAKEAWAY

Key Information

Reference

CF035830X

Tenure

Freehold, Leasehold

Status

For Sale

Region

Somerset

Sector

Fish & Chip Shops

Annual Sales

£592,242.00 Exc. VAT

Weekly Sales

£14,500.00 Inc. VAT

Accommodation

Yes

Business Information

Top performing FISH & CHIP TAKEAWAY, averaging £14,500 - £15,500 per week, the subject of recent investment approaching £200,000 ensuring no expenditure required. Situated within popular and expanding NORTH WEST SOMERSET TOWN, bordering the coast and Somerset Levels, occupying lucrative high profile main road trading position, surrounded by residential areas with large new residential developments taking place close by from which benefits are anticipated.

Deceptive property occupying large site, includes very valuable car park offering some 17 car parking spaces. Totally refurbished from top to bottom and fitted out using top equipment in recent years with no expense spared. Provide customer reception area, servery, frying area complete with 4 pan Kiremko island range, kitchen/wash-up area, fish room, potato room, storage area with walk in freezer, and cloakroom. Benefits from 2 modern self-contained flats – 1 x 1 bed, and 1 x 2 bed, also presented to high standard with all legislation met.

A renowned destination business with own recipes, under current ownership in excess of 20 years, not seasonal, enjoying all year round local trade, only offered for sale to pursue retirement. Sales 2023 £592,242 ex Vat, Gross Profit £342,035, serving traditional menu with no deliveries. Mostly staff run, excellent staffing structure in place, on average the vendor works 1 day per week, still proves highly profitable with Net Profits in the region of £100,000, scope to be considerably higher thorough more day to owner involvement if desired.

Freehold £695,000 sav OR Leasehold £365,000 sav Ref: CF35830X