Fantasically Located Fish & Chip shop

Laugharne, Carmarthen
REF: 01596

Asking Price:
£70,000
Annual Turnover:
£125,000
Annual Net Profit:
TBC
Recently Sold
REF: 01596
Photo of Fantasically Located Fish & Chip shop

Overview

Tenure:
Leasehold
Established:
2005
  • T/O - £125, 000
  • Excellent location
  • Low overheads
  • Recently refurbished
  • Huge Growth potential
  • Freehold option available

This is an exciting opportunity to take over this superbly located Fish and Chip shop that has a fantastic reputation. The business occupies a freehold unit and is the only take away within the area.

There is huge potential to develop already strong foundations set by the current owners. With constant development within the area there is a great opportunity to grow this business.

The building is detached and located on a busy street. As you enter the property the counter is straight ahead with the menus displayed above. The menu is easy to read with the prices published by each item.

Behind the counter there is a considerable amount of space, at times there are five members of staff working. The shop is tiled throughout and therefore easy to keep clean and hygienic. The shop has room for people to wait whilst their food is being prepared. There is also a fully licensed restaurant which has 38 covers. Outside there are more tables and chairs for customers to sit and eat overlooking the estuary.

There is one 3 pan chip range, this is of a high-specification with a large kitchen that could allow for an extended menu The storage is situated at the back of the shop and can be accessed from the rear. There is front parking, this is used by both staff and customers, and this is popular with customers as it means they can easily access the shop.

Above the shop is a three bedroom flat. All the bedrooms are very spacious and have been decorated to a high standard. Throughout the flat there are beautiful natural wooden flooring which gives the building a very warm feeling. This is a must see property with the views overlooking the sea.

Intelligent Business Transfer are pleased to bring this dynamic and well recognised business to the market. The Business has been established for over 15 years and is currently owner operated.

They have a strong weekly sales record of over £2,200 on average weeks. This is attained from the sale of Fish and Chips to fill a gap in the market for many miles.

The freehold unit that the business trades from is large enough for family accommodation and high volume catering. The current owner has put a great amount of pride into the business, ensuring excellent customer service.

The shop is a good size and the space is used efficiently with five members of staff working at the business. There is little competition in surrounding area, with the fish and chip shop being the only available takeaway.

The owners have built a very strong reputation for the business and take full advantage of the large seasonal trade. It has an exceptional daytime trade and offers potential for growth with extendable day time opening hours. There is also a potential to offer a delivery service which would increase turnover.

The current owners are selling the business is order to retire. This business offers a fantastic opportunity for anyone wishing to take on an already successful and well-established business. The current owners would also like to offer a freehold option which would include the flat.

Location

Property

Annual Rent
TBC
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
E 101-125

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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