Leasehold Fish & Chip Takeaway Located in West Bridgford, Nottingham
Two Bedroom Accommodation Above
High Turnover
Ref 2628

Location
This delightful Fish & Chip Takeaway is located within a prominent and highly visible trading position on the busy Loughborough Road, West Bridgford, Nottingham. West Bridgford falls under Rushcliffe Borough with a population of 111,000 and 47,000 of those live within the highly sort after area of West Bridgford. The business is easily accessible on foot and by all modes of transport by the main road into Nottingham (A60). A regular bus service passes to the front, along with plenty of short stay parking. Nearby you have an array of complimentary independent retailers and residential dwellings. Nottingham City Centre is 4 miles away and Loughborough City Centre 14 mile. The (A453) is 1.5 miles away which gives easy access leading to Junction 14 of the M1 which is 10 miles away.

Leasehold Asking Price Offers Over: £179,950 plus SAV (£1,000)

Business Description
Veritas Business Sales are privileged to offer to the market this immaculately presented Fish & Chip Takeaway which is located in the affluent area of West Bridgford, Nottingham. The premises has traded as a takeaway for circa 30 years and has been in the careful hands of the current owner for the past 8 years and is now being offered for sale so that my clients can enjoy a well deserved retirement.
Since ownership there has been continual investment and in 2017 over £100,000 was invested to include a new shop refit with new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not be need to be spent for some time. The Wolds Fish Bar is operated under management with the help of 3 part time members of staff and has an average weekly turnover of circa £9,000. Further information on turnover will be discussed on application. They serve a fine range of traditional fish & chips, along with, pies, fried chicken, saveloys, condiments, kebabs, wraps, burgers and cold drinks. We believe that there is further potential for a new owner could increase trade by expanding upon the current food offering and introducing another online delivery portal to run alongside Deliveroo which has increased turnover considerably since its launch. It would also be beneficial to have your own ecommerce website to fulfil direct orders. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with plenty of passing trade. This is a superb opportunity to purchase an established high turnover business which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Opening Times
Monday - Saturday - 11.00am - 11.00pm
Sunday - closed

Leasehold
Term: 15 years
Reviewed: 5 yearly
Remaining: 7 years
Rent: £23,000 pa
Business Rates: zero
Council Tax: to be advised

Ground Floor
Takeaway comprising: 4 pan split counter range with 2 x chip boxes & 4 warming cabinets (Henry Nuttal), serve over sales counter fitted with protective perspex glass to shield staff and patrons against Covid-19 with EPOS till system, upright cold drinks fridge, 4 x wall mounted menu boards, 12 pot wet bain-marie, 4 pot wet bain-marie, domestic microwave, toaster, worktop with base storage units, 4 kebab spits (Archway), kebab shaver, 2 x electric knives, Gas BBQ grill (Lincat) extraction canopy and serve-over chilled salad counter.
Preparation kitchen comprising: walk-in chiller, stainless steel work tables, stainless steel double door fridge (Electrolux), undercounter freezer (Blizzard) stainless steel wash basin, stainless steel double sink, 6 ring gas hob/oven, batter mixer (bold) and pressure fryer (Kuroma).
Chipping room with potato chipper, brand new potato peeler/Rumbler, large stainless steel potato soak tub and 3 x plastic potato soak tubs along with ample storage to include dry potato storage.
Staff W/C with wash basin.
Hallway with rear door to yard.

First Floor
2 x double bedrooms Office Bathroom with bath, shower, W/C, and wash basin Kitchen Living room
The first floor accommodation is currently let on ASTA generating rental income of £7,800 per annum. Alternatively this could be used by a new purchaser or for staff accommodation.

External
Ample short-stay parking to the front and side entrance to additional parking. Garage (housing 3 x chest freezers) Rear yard/garden with separate entrance to the flat located on the first floor.

EPC Rating C
The property benefits from gas fired central heating & double glazing.

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

No longer on the market

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