Under Offer
Highly Rated Fish & Chips Shop For Sale
Minehead, Somerset
- Asking Price: £84,995 +SAV
-
Turnover:
Forecasted turnover of £170,000. Full financials can be made available upon further request.
- Tenure: Leasehold
Please quote reference B07919
CoGoGo are delighted to welcome to the market The Cod Shop, a highly rated opportunity based in Minehead.
The Cod Shop was established over 20+ years ago and came under our client's careful ownership in 2021, continuing their excellent reputation and extremely loyal customer base.
The business now comes to the market due to our client's decision to spend more time with their family.
This opportunity is well known for their popular hot dish consisting of fried fish in batter, served with chips whilst they also offer, crispy chicken nuggets, tender sausages, fresh mushy peas, curry sauce and much more.
As you walk into the takeaway you are greeted with the welcoming and friendly staff members offering you a seat indoors with the delicious warm aromas or outdoors under the bespoke sun shades in the cool summer breezes.
Assets included:
- Till System
- Glass Washer
- Fridges
- Freezers
- Pie Warmer
- Menu Board
- Internal Seating (38+)
- External Seating (40+)
- Sun Shades
- Increase trading hours
- Expand advertisement (create a website)
- Provide delivery options
- Offer more dishes
''Great place for fish and chips with the added bonus of inside seating to get out of the weather. Spotlessly clean and excellent fish and chips - glad I went in well done.''
''Lovely family run fish and chip shop. We had the fish and chips, batter was crisp and light tasted wonderful.''
'' Fantastic fish and chips as usual have to come every time we're on holiday have recommended to lot's of people too.''
The business is run and managed by our client with the help of 2-5 staff members depending on the season (zero are contracted).
The Cod Shop is only open for 9 months throughout the year in the scope for growing the business further.
The current trading hours are:
Monday - Closed
Tuesday - 12:00pm to 2:00pm & 5:00pm to 7:00pm
Wednesday - Closed
Thursday -12:00pm to 2:00pm & 5:00pm to 7:00pm
Friday - 12:00pm to 2:00pm & 5:00pm to 7:30pm
Saturday - 12:00pm to 2:00pm & 5:00pm to 7:30pm
Sunday - Closed
The Cod Shop is located in a small town called Minehead within Somerset.
Ground Floor
- Modern & Bespoke decoration
- East clean floor & wall coverings
- Internal seating (38)
- WC
- Stainless steel Kitchen & prep area
- Large Bespoke modern Signage
- Front space with external seating (40)
- Parking within the proximity
Tenure
This business is being sold on a Leasehold basis with 2 years remaining on the 5 year lease.
The advised rent is currently £13,200 per annum.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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