Well-Established and Versatile Fish & Chip Shop in Lincolnshire

Skegness, Skegness
REF: R07788

Asking Price:
£199,500
Annual Turnover:
£350,000
Annual Net Profit:
TBC
REF: R07788

Overview

Tenure:
Leasehold
Established:
1990
  • Excellent reputation amongst a loyal customer base
  • Huge growth opportunity
  • Spacious, well-equipped premises with equipment included in sale
  • Friendly, professional staff
  • Strong supplier relationships and locally sourced produce

Recently introduced to the market is this well-established and popular fish & chip shop near Skegness, Lincolnshire which provides both dine-in and takeaway services.

Offering a scrumptious, traditional fish and chip menu, the business also services up a range of tasty pizza and kebab alternatives to meet all their visitors’ cravings. The restaurant also offers breakfasts, traditional lunchtime and dinner meals, as well as hot drinks, sandwiches, and desserts for complete versatility.

The business also possesses an alcohol licence and will soon be offering a delivery service which is anticipated to be highly popular. Its 5* hygiene rating is a further asset to the business.

Customers value the great quality of food provided, as well as the consistently friendly service which comes as a result of the business being family-run.

The business operates on a seasonal basis, opening from the beginning of March until the end of October, generating a healthy level of turnover.

Situated on a busy high street, the takeaway and restaurant is perfectly located in the seaside village of Ingoldmells, profiting from significant trade throughout the spring and summer holidays. Its proximity to many static home and caravan sites further bolsters its success and provides a robust, steady flow of customers.

The business is run by a mix of full-time and part-time staff throughout the year, totalling 20 team members in peak season, therefore enabling it to comfortably meet demand.

The premises are extremely spacious which allows the business to easily host 46 covers. Additional seating is also available outside, a popular option for the summer months.

The possibility of a transitional period is yet to be determined.

This is the perfect acquisition for a buyer who is full of drive and determination, as this will enable them to push this business to achieve its full potential. A background in food service, particularly at management level, could be especially advantageous.

A key method of developing the business further would be to create a website from which customers can view a menu, pricing, and efficiently order food. Combining this with the implementation of the upcoming delivery service should see a strong boost in turnover. Offering a speedy click-and-collect ordering system within the website will further improve this predicted success.

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  • High street location
  • Shopping centre location
  • 6 year rolling lease
  • Good transport links
  • Nearby car parking
Rent
£30,000
Rates
£0
Lease Term
6
Lease Expiry
TBC
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

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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