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Popular Fish & Chip Shop in Kendal, Cumbria For Sale

Kendal, Cumbria

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Sold

£30,000 +SAV

Ref: 2767 A

Leasehold

Overview

Hilton Smythe is proud to welcome to the market Trav’s Chippy. The well-known Fish and Chip shop was first established in 1900 and our clients have owned it since 1999. The business is known for selling traditional fish and chips, burgers, pies, sausages and drinks. The business benefits from repeat trade due to its prime trading location within this busy residential area. Our client has reluctantly decided that it is time to sell the business due to family commitments but has really enjoyed the time they have spent building up the business to the well-known and profitable business it is today. The business reports a turnover of £60,566 with a gross profit at circa 63%. We feel the business could benefit by extending the opening hours and introducing new food lines such as pizza or kebabs as we feel this would increase the turnover massively and attract more customers to the business. Also a delivery service would maybe influence customers that live a little further away to order food and use the business more often. The business has lots of unique selling points for example they have a 5 star food rating which all food businesses strive to achieve. As the business is located in the Lake District we feel as though for such a beautiful location the rent for shop it’s quite a good deal and is defiantly worth the investment.

Turnover
The business reports an annual turnover of £60,566 and has a gross profit of 63%

The business currently run by 2 staff.

Monday – Friday: 5pm – 8:30pmSaturday: 11:30am – 1:30pmSunday: 5pm – 8:30pm

Trav’s Chippy is based in Kendal which is a well-known town within the South Lakeland District of Cumbria and is known largely as a centre for tourism. Kendal is known for being one of the more attractive parts of the country as it has an ‘olde worlde’ feel. The business is ideally located surrounded by residential homes in the middle of a housing estate from which the business drives much trade. There are bus routes on almost every corner providing excellent transport links and ensuring good footfall in the area. The area is served by several A roads, the A6, A684 and A591 all provide excellent road links and also boasts its own railway station.

The premise is a single fronted, semi-detached property. The shop is fitted with a large counter and there is a kitchen area to the rear or the shop. There are also two rooms upstairs that are currently used for storage and a separate outside toilet to the back of the business. The business is immaculately presented with attractive signage, and the front façade is painted an eye catching sea blue colour. There is a forecourt to the front providing parking for up to 4 vehicles. The equipment that is included in the sale: • 2 Chippers Rumbler• 3 Pan Range (15 years old)• Bain Marie • 4 Ring Burner Oven• 1 Large Chest Freezer• 1 Small Chest Freezer• 1 Upright Freezer• 1 Upright Fridge• Microwave • TV

Tenure
We are advised that the business is Leasehold.Original lease length is 9 years and it has 2 years remainingRent £4,000 per annum

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