Business for Sale in Brighton, East Sussex POPULAR FISH & CHIP SHOP IN THE BRIGHTON AREA

Key Information

Reference

CF35803T

Tenure

Leasehold

Status

For Sale

Region

East Sussex

Sector

Fish & Chip Shops

Annual Sales

£244,000.00 Exc. VAT

Accommodation

No

Business Information

This popular business occupies a prominent location on a busy shopping street in a highly populated residential area just 3 miles to the west of Brighton city centre. There is a mainline railway station within short walking distance from the shop.

After a recent refurbishment, the shop has a fresh, modern style and also provides seating for up to 10 customers. There is space for further seating to the front, if required. With good preparation and storage facilities to the rear of the property, the business is altogether very well-equipped for the trade including a 3-pan Middleton frying range.

First established in 1981, the shop was taken over by the current owners in 1996 who have maintained an excellent reputation in the local area. In fact, the business has many positive online reviews and has won several awards including a Tripadvisor “Traveller’s Choice” award in 2022. The shop offers a traditional fish and chip menu and has many regular customers.

Currently trading only 48 weeks of the year and less than 25 hours a week, the most recent accounts show annual sales of £244,404 (excluding vat) and a gross profit of £151,706. The shop is available for sale with the benefit of a new 20-year lease at an initial rent of £1,250 per calendar month.

New owners might consider increasing the range of takeaway food available, extending the opening hours and/or further developing and promoting the delivery service. This retirement sale offers a great opportunity to buy a long-established and profitable fish & chip shop with clear potential to increase sales in the future.

LEASEHOLD £95,000   REF: CF35803T