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(REF: 2736)  Busy Fish and Chip Shop in Northam Devon
 
Seller Reference: 2736
B4S Reference: 29989
Asking Price: £230,000
Net Profit:
Sales Revenue: £100,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Northam, Devon, United Kingdom
  Business Summary   
  Preferred Commercial is delighted to offer for sale this busy fish and chip shop, which was established in 1970 and which has been in our clients' careful hands since 1991. The fish and chip shop is only now offered to the market due to our client's wish to retire. The business trades 6 days a week and generates a turnover in the region of £100,000 per annum with a gross profit of 56%, derived from the sale of traditional fish and chips. We feel the turnover could be further increased by extending the range of food offered and perhaps introducing a delivery service. There is also the opportunity to increase the opening hours and embark on a modest marketing campaign. The business has a large customer base and enjoys much repeat trade and word of mouth recommendations. The premises are well-equipped and have been finished to a high standard throughout. There is also spacious self-contained 2-bedroom owners' accommodation to the first and second floors, which could be let out to generate additional income. This is an ideal opportunity to acquire an already busy fish and chip shop with scope for future growth. Early viewing is recommended.
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial 3-storey takeaway premises with self-contained 2-bedroom owners' accommodation. Briefly comprising:

Ground Floor
• Spacious serving area with drinks chiller and stainless steel servery
• Behind counter area with 2-pan frying range and electronic cash register
• Kitchen with potato store area, 2 x chest freezers, fish refrigerator, 3 x microwave ovens, chip rumbler, chipper and sink

First Floor
• Kitchen
• Lounge
• Bathroom

Second Floor
• 2 x double bedrooms

External
• Garden to rear
• Shed
• Outbuilding/workshop
• Decking area
 
  Location: Northam Fish Bar occupies substantial 3-storey semi-detached premises, ideally located in the heart of Northam, Devon. The premises are close to the town's amenities and are surrounded by a wealth of complementary shops and businesses. The business boasts a prominent trading position close to a number of bus stops and surrounded by numerous residential properties, from which it draws much trade. The town is a popular seaside resort just a short drive from Exmoor National Park and is also a highly desirable place in which to live and work. The business boasts easy access to the A-road network including the A39 and the A386. Barnstaple is approximately 8 miles away, while Okehampton lies 26 miles away.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Mon: 5:00pm to 10:00pm
Tues - Sat: 12:00pm to 1:30pm and 5:00pm to 10:00pm
Sun: Closed





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