£0 £1000000
£0 £1000000

Sold

Popular Traditional Fish & Chip Shop

Stoke-on-Trent, Staffordshire

  • Asking Price: £99,999 +SAV
  • Turnover: Chatha’s Audley Fish & Chips generates an advised current turnover of circa £177,000 but has previously had turnover of approximately £234,000.
  • Tenure: Leasehold

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Hilton Smythe are pleased to have been given the opportunity to manage the sale of Chatha’s Audley Fish and Chips, which is an immaculate business with a growing reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with regular customers.Chatha’s Audley Fish & Chips was founded by the current owner in October 2017 when he identified a gap in the market.The business has flourished under his ownership and already has many regular customers and has become a popular and well used part of the local community. The business is now being sold, albeit reluctantly only so that the owner can concentrate on his other business interests, he is keen to see the business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.Chatha’s Audley Fish & Chips offers an extensive menu including:• Traditional fish and chips• Southern Fried Chicken• Kebabs• Burgers• Pukka Pies• Sauces• Homemade Dishes• Mega Boxes• Kids Meals• Drinks• Meal deals• The sale will include a quality website and with online ordering facility ( chathasaudley.com) and the business enjoys great visibility on the internet via websites such as www.thomsonlocal.com, www.192.com and has great reviews from the likes of www.tripadvisor.co.uk and Facebook.Reasons to Buy:• A well-established business with an enviable reputation and many existing customers • Little or no competition locally • Fitted out to the highest standard and everything included in sale making this a real Turnkey business opportunity • Low running costs with inexpensive rent and no business rates • Current owner happy to offer a handover to ensure the continued success • Ideal trading position in the centre of the village and opposite a busy Tesco Express.• Perfect owner managed or husband and wife business.• Possibility of converting first floor into self-contained living accommodation Hilton Smythe highly advise early viewing to avoid disappointment.

The business is run and managed by our client with the help of 1 full time and 3 part time members of staff and 2 delivery drivers.

Monday to Saturday 11.30 am – 2.00 pm, 4.30 pm – 10.00 pmSundays Closed

Chatha’s Audley Fish & Chips is Located in the village of Audley, near Stoke-On-Trent is Staffordshire.Audley is a rural vacillate approximately four miles northwest west of the town Of Newcastle Under Lyme in Staffordshire, it is the centre of Audley Rural parish.The first mention of Audley is in the Domesday Book Of 1086 when it was called Aldidelege when the lands were held by a Saxon called Gamel. At this time, the area was very sparsely populated, and because of its distance from the major towns of Stafford and Chester there was little outside contact. There was a medieval castle at Audley Castle Hill during the late 13th century; only a low earthwork remains of the former motte. Audley is Located on the B5500, the former A52 Road. Just south of the A500, the village is approximately five minutes from the M6 motorway. The village was served by a railway station which was opened by the North Staffordshire Railway on 28 June 1880.Chatha’s Audley Fish & Chips is ideally situated in the centre of this lovely village opposite a busy Tesco Express and this benefits from good levels of footfall and passing trade. The business is beautifully presented and maintained with clear visible signage and distinctive blue livery. There is free parking opposite in a public carpark along with free on street parking in roads near to the business.

The business occupies two floors of an inner terraced, brick-built property and briefly comprises:Shop• Windows and glazed door to front creating a light airy and inviting interior• Suspended ceiling with concealed LED lighting• Tiled slate effect floor• Long stainless-steel counter with generous wrapping area• 3 pan stainless steel range• Glass fronted drinks chiller• Five state of the art menu boards• Range of base unites with complimentary worktop• 4 pot Bain Marie• 3 pot Bain Marie’s• 2 EPOS tills• Glass fronted serve over counter with 6 pot salad bar• Griddle• Two kebab machines• Stainless steel splash backs• Merlin filter machine• Meratus Fish Fridge• Upright fridge• Beko freezer• Hand wash basin with soap and towel dispenserWash Up Area• Stainless steel sink and Monobloc tap• Freestanding Oakley cooker with 4 gas rings and oven beneath• Two Samsung microwave ovensPotato Room • Generous potato Room with chipper and Rumbler• Pressure fryer• 2 chest freezers• Floor storage spaceOffice• Window to rear• Monitor for 16 camera CCTV system First floor• Currently used for storage is a number of generous rooms offering potential for conversion into living accommodation comprising a store Room• Large room to front• Fully fitted shower room• Potential bedroomExternally • Good sized garden to the rear• Space for a bin store• Alley way to the front of the premises

Tenure
We are advised that the business is being sold as a Leasehold business opportunity. The existing 10-year Lease has approximately 9 years remaining with an option to buy the Freehold at year 9. We are advised that the landlord would be happy to negotiate a mutually acceptable Lease with a new owner. The current rent is £10,800 Per Annum which is really reasonable given the size and location of the premises.We are advised that the business benefits from being exempt from business rates.

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