Profitable Fish Bar With 4 Bed Accommodation
Uckfield, East Sussex
- Asking Price: £50,000 +SAV
- Turnover: We have been made aware that turnover is circa £51,000 with a gross profit of 67%. The assets are valued at around £50,000.
- Tenure: Leasehold
Hilton Smythe are delighted to offer to the market the Happy Cod fish and chip shop, purchased by our client in 2012 and only now offered to the market due to our client’s poor health. This well-established business was previously known as The Uckfield Fish Bar and first opens its doors in the early 1970’s. The well-loved business is the only traditional fish and shop in this area and surprisingly includes a large family accommodation. This would suit a family or someone looking to take an additional income from lettings. The menu includes freshly cooked fish and on site freshly cut chips, sausages, pies, burgers, chicken, veg burgers, chicken burgers, jacket potatoes, children’s meals as well as kebabs and cold drinks. Currently the trade is all walk-in custom so there is the opportunity to add home delivery, business deliveries as well as outside catering. Our client has spent over £30,000 in improvements including a new £10,000 boiler in the last year, new walk in fridges and freezer and decoration to the interior and exterior.
The business is run by our client and husband with some help from family at tea times.
Run to suit our clients, current hours: Monday to Saturday: 11am - 2pm and 4pm - 10pm Sunday: 4pm - 9pm
Happy Cod is located on Framfield Road, Uckfield, East Sussex. Uckfield is an increasingly popular residential area just off the A22 which links Eastbourne to London. Enjoying a semi-rural location just on the River Uck. 18 miles east of Brighton and 20 miles west of Eastbourne. There are several good stores, road connections, public transport and schools in the town; as well as free parking in the streets within close proximity of the business and directly outside. The local nearby bus stop has the 28, 29 & 29b from Brighton via Uckfield to Tunbridge Wells. The main line station taking commuters is also less than 2-minutes walk away.
Period semi-detached property over 4 floors with off street parking for a minimum of 3 customer cars and a large garage accessed from the front with private rear garden. Ground floor - large double pan range with 2 x heat boxes, 1 x chip box. 1 x griddle, 2 x foil kebab machines, glass fronted drinks fridge, stainless steel service counter, till and store cupboard. There is access to the cellar. Cellar - large area to the full size off the shop, ideal dry store area and is full height. Kitchen - accessed through the shop and includes base and wall store cupboards, Samsung stainless steel commercial microwave, under counter fridge, large stainless steel upright fridge, hand wash sink, double stainless-steel preparation sink for fish and double stainless steel sink for chip preparation, chipper, peeler and large potato store cupboard. Garage - contains meters of dry store shelving, walk in fridge, walk in freezer and a large upright fish fridge. Rear store area - includes toilet, storage shelving, owner’s area and access to the accommodation and rear garden. Garden - very large area includes terrace with owners plunge pool, veg patch, greenhouse and soil area for planting. Owners accommodation- Ground floor - large kitchen with wall and base units, 6 x burner gas cooker and sink. Large dining room/garden room or 4th bedroom. Hallways with storage and a cloakroom area, washing machine and stairs up to the first floor. First floor- large hallway, very large living room with window to side and rear, storeroom, new boiler, 2nd store cupboard, bedroom 1 which has a large window to the side and includes a walk-in wardrobe. Master bedroom 2 to the front with period bay windows, with a lovely walk in wardrobe which is fully fitted. Stairs up to 2nd floor. Second floor- store cupboard, front double bedroom, large shower room, large family bathroom with a shower over the bath.
Leasehold opportunity. Original 20-year lease. 15 years remaining as of 2017.Paying £14,000 annual rent. Full business relief so no rates payable.