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No longer on the market

This property is no longer on the market

Takeaway

Sold STC
Takeaway
Added > 14 days

Features and description

  • Leasehold
  • Fish & Chip Takeaway
  • Well Established
  • Staff Operated
  • Further Potential
  • No Deliveries
  • Busy Shopping Area

Leasehold Fish & Chip Takeaway Located In Bingham, Nottinghamshire
Ratings / Facebook 5 / Google 4.2 / Trip Advisor 4 / Restaurant Guru 4.2
Ref 2755

Location
This delightful Fish & Chip Takeaway is located in Bingham, Nottinghamshire. Bingham is a market town in the Rushcliffe borough of Nottinghamshire, 9 miles east of Nottingham, 11.7 miles south-west of Newark-on-Trent and 14.5 miles west of Grantham. Situated within the prominent and highly visible trading position Eaton Place in the Town Centre. The area has a range of other independent retailers along with some large blue-chip retailers all of which bring high levels of footfall to the area. There is ample free car parking available.

Leasehold Asking Price: £169,950 plus SAV (£2,000)

Business Description
Veritas Business Sales offer to the market this respected Fish & Chip Takeaway which is located in Bingham, Nottinghamshire. The business was established by our clients back in 1991 and they are now offering the business for sale so that they can enjoy a well-deserved retirement after 31 years of serving the local community.
Since ownership they have continually invested in 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 need to be spent for some time. Eaton Place is operated by a team of with 3 full time chefs and 8 part time members of staff. The average weekly turnover is circa £7,500 and walk-in trade accounts for almost 100% of the sales. They serve a fine range of fish & chips, along with, pies, saveloys, savouries, condiments, kebabs, burgers, southern fried chicken and cold drinks.
We believe that a new owner could increase trade simply by extending the current opening times, expanding on the food offering, taking advantage of delivery giants, Just Eat, Deliveroo & UberEATS and their own website / app for online sales. There is also a new 5,000 dwelling development which is partway through completion on the outskirts of town which will bring additional footfall to the town centre. This is a rare opportunity to purchase an established, well-respected takeaway with further growth potential which is a great base to build upon and is priced to sell. An early viewing is highly recommended to snap up this fantastic business.

Opening Times
Monday - Thursday - 11:30am - 2:00pm - 4:30pm - 9:00pm
Friday & Saturday - 11:00am - 9:00pm
Sunday - closed

Leasehold
Term: 25years
Remaining: 16 years
Rent: £332 per week (£17,250pa)
Rates: £500 pa

Ground Floor
Takeaway comprising: serve over stainless steel sales counter with cash register, 3 pan range with 2 x chip boxes, 2 x scraps boxes, 3 warming cabinets, 3 x menu boards, double door drinks fridge (Coca-Cola) stainless double undercounter fridge (Polar), 3 single kebab machines (Archway), electric knife, kebab meat shaver, kebab meat catcher, extraction canopy, 6 pot wet bain-marie (Buffalo), stainless steel worktop with base units & draws, saladette with 2 door undercounter fridge (Polar), griddle, metal shelf, second extraction canopy, 3 pot wet bain-marie (Interlevin), commercial microwave (Panasonic), hot water urn (Lincat), insect zapper, TV and wall mounted paper towel dispenser.
Preparation room with stainless 4 ring gas hob work counter, pressure fryer (Kuroma), 2 x stainless steel tables, batter mixer, 2 stainless steel sinks drainer, extraction canopy, stainless undercounter storage, stainless double under counter fridge (Foster) 2 x metal shelves, wall mounted knife rack, chest freezer, walk-in cold room (Misa), stainless steel undercounter fish fridge & storage cupboard, washing machine, stainless handwash basin, wall mounted shelves, assorted pots, pans, utensils and cutlery.
Chipping area with metal storage units, x 2 stainless sinks with pressure washer, hot water heater, potato storage area, 2 x plastic chip bins, 3 x plastic buckets, potato chipper, potato peeler, first aid box and rear exit door.
W/C with wash basin.

External
Shared rear yard area with direct access to free staff parking.

EPC Rating: D

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About this agent

Veritas Business Sales - Solihull
Veritas Business Sales - Solihull
Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG
0121 721 6440
Full profileProperty listings
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.
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