Business for Sale in Busy Main Road Location/Position and situated in a most pleasant and easily accessible area. PRICE REDUCED: FISH & CHIP TAKEAWAY/RESTAURANT WITH FLAT, Nr NEWPORT

Key Information

Reference

CF35908J

Tenure

Freehold, Leasehold

Status

For Sale

Region

Gwent

Sector

Fish & Chip Shops

Weekly Sales

£1,700.00 Exc. VAT

Rent Payable

£26,000 p.a (Shop & Flat)..Leasehold Option

Business Rates

£186 p.a advised

Accommodation

1 Bed, Fully Self Contained Flat, Currently let out and achieving £490 p/m

Business Information

A long established business in a most pleasant and strong trading location.

Nicely presented fish and chip takeaway plus internal seating facility for 16+ covers. Clean and professionally presented and with an excellent level of goodwill developed over decades.

Due to ongoing health issues the business has been run on short days/hours (for some time) at a level to suit our vendors needs & lifestyle, yet still easily achieves sales over £1700 per week.

Our vendor advises that sales were easily over £4,500 p/week when he previously was operating at full speed and that he also feels capable/ambitious new owners should be able to easily develop weekly sales via operating longer days/hours, by introducing new lines or perhaps by adding a delivery service etc!

Currently, the business is pretty much staff run by just one full time and 2 part time staff, with our vendor just overseeing as and when required.

The fully self contained flat above has also been let out for some time and currently  achieves rent of £490 p/month. 

As advised, due to ongoing health issues our vendor is now looking to retire and as such is willing to offer a new leasehold sale option or the lucrative full freehold & business option for sale.

All in all, this is a great opportunity that we highly recommend to the market.

EPC Rating..Shop  t.b.c

EPC Rating .. Flat  D