Well-Established and Versatile Fish & Chip Shop in Lincolnshire

Skegness, Lincolnshire
REF: R07788

Asking Price:
£150,000
Annual Turnover:
£337,161
Annual Net Profit:
TBC
Featured
Reduced
REF: R07788
Photo of Well-Established and Versatile Fish & Chip Shop in Lincolnshire
Photo of Well-Established and Versatile Fish & Chip Shop in Lincolnshire
Photo of Well-Established and Versatile Fish & Chip Shop in Lincolnshire
Photo of Well-Established and Versatile Fish & Chip Shop in Lincolnshire

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. T

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. There is scope for the business to operate a delivery service to the local area in the months of November to February.

Situated on a busy high street, the takeaway 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, therefore enabling it to comfortably meet demand.

The premises are extremely spacious which allows the business to have a large indoor seating area which is popular on cool or rainy days. Additional seating is available outside in a screened area, a popular option in the summer months.

The indoor seating area could be changed for other uses if required .

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.

Features

Online Presence

Location

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  • High street location
  • Shopping centre location
  • 6 year rolling lease
  • Good transport links
  • Nearby car parking

Property

Annual Rent
£30,000
Annual Rates
£11,000
Lease Term (Years)
6
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
TBC

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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