Popular Local Fish and Chip Shop in Lincolnshire

Lincoln, Linconshire
REF: R06484

Asking Price:
£400,000
Annual Turnover:
£170,709
Annual Net Profit:
TBC
REF: R06484

Overview

Tenure:
Freehold
Established:
1980
  • Spacious, high quality premises
  • Living accommodation included
  • Large and loyal customer base
  • High footfall location in semi-rural area
  • Excellent profit margins

This is a superb opportunity to purchase a sizeable, freehold premises which includes a successful local fish and chip shop and stunning living accommodation.

Trading fruitfully since 1980, the business has been serving mouth-watering fish and chips to loyal locals, garnering a fantastic reputation within the immediate area and household name status.

Upon purchase, a new owner would not only receive an immaculate, fully-fitted takeaway from which to continue running operations, but also a three bedroom house renovated to an extremely high standard.

The takeaway itself lies on the ground floor of the large detached property. There is a small waiting area at the front of the shop and a large range showcasing items available. Customers can browse the electronic overhead menu before placing their orders. Beyond this area are two large prep rooms for food preparation. A small seating area at the front is also popular amongst customers during the summer months.

Spacious and comfortable living accommodation perfectly suited to a family is also included in the sale. The ground floor hosts a large lounge and kitchen which has recently been renovated with modern appliances and décor. A small conservatory flooded with natural light leads to the rear private garden which has been well maintained. There are three large double bedrooms and a family bathroom on the first floor, with an en suite attached to the master bedroom.

As the business is currently closed everyday between 1:30pm-4:30pm, extending opening hours to include late lunchtime trade and opening on Sundays would assist in increasing takings. Potentially utilising a third party food courier to introduce a delivery service would widen its area of influence and grow sales.

To grow the business further, marketing initiatives such as leaflet drops and a social media presence would be hugely beneficial in attracting more customers.

As the current owner is willing to stay on for a transitional period, a new owner would receive a complete business handover.

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  • Affluent area
  • Residential estate
  • Close to local amenities
  • Parking available
  • Minimal competition
Rent
N/A
Rates
TBC
Lease Term
N/A
Lease Expiry
N/A
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
£250,000
Planning
TBC
EPC
C 51-75

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

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