Freehold Takeaway/Commercial Property in Burnham-on-Sea

Burnham On Sea, Somerset
REF: R07072

Asking Price:
£70,000
Annual Turnover:
£67,000
Annual Net Profit:
TBC
Recently Sold
REF: R07072
Photo of Freehold Takeaway/Commercial Property in Burnham-on-Sea
Photo of Freehold Takeaway/Commercial Property in Burnham-on-Sea
Photo of Freehold Takeaway/Commercial Property in Burnham-on-Sea
Photo of Freehold Takeaway/Commercial Property in Burnham-on-Sea

Overview

Tenure:
Freehold
Established:
TBC
  • Freehold Opportunity
  • Fully Equipped Food Unit
  • Prime Seaside Location
  • Huge Scope for Growth
  • FSA 5-Star Rated at Most Recent Inspection in February 2019

The business for sale is a commercial property, which prior to April 2019, was a fish & chip shop located in a popular seaside location. It is now an unoccupied property with all equipment in, to introduce a new type of food outlet.

Situated in a prime location, the property offers an excellent base for a new buyer to put their stamp on this seafront premises.

Since converting from a Chinese takeaway in 2015, several tenants have successfully run the business, the most recent of which was reporting a weekly turnover of around £1,300. The business is now for sale on a freehold basis.

The commercial property is a small purpose-built 1970s brick construction shop unit, single-storey, semi-detached, with a sloped tile road. There is a front door with two side doors, all with security shutters.

As customers enter the premises, there is a main shop/waiting area, fish fryers and chop box which act as part of your counter. To the rear of the shop is a prep room with a sink, extractor fan and gas supply which would suit a pizza oven/grill or similar. Plus, there is a toilet at the rear of the property. Free street parking is available adjacent to the shop, making it easy to stop for a takeaway while driving. Previous tenants provided a wide range of food like burgers, pies, pasties, chicken nuggets, sausages, spring rolls and fried Mars Bars. The shop is fully fitted and fully shuttered, providing all-around security for the new owner.

All equipment is included in the sale.

For further growth, the new owner could implement more marketing both online and locally.

The business could also open for longer hours, provide a delivery service and approach other amenities for outside catering. The ideal buyer would be someone with a catering background or a commercial property owner wanting to lease out.

This opportunity would suit someone living locally, or an owner-operator looking to take the food unit to the next level. At an extremely affordable price, this business offers an equipped premises and huge growth potential for the right buyer.

Location

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  • Free parking nearby
  • High footfall
  • Complementary businesses nearby
  • Minimal competition
  • Situated on a main road

Property

Rates
TBC
Accommodation Included
TBC
Freehold Property Value
£60,000
EPC Rating
C 51-75

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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