£0 £1000000
£0 £1000000

Very Popular Fish & Chip Shop in Upwell, Cambridgeshire For Sale

Wisbech, Cambridgeshire

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Sold

£327,000 +SAV

Ref: 2365

Freehold

Overview

Hilton Smythe is delighted to welcome to the market this well-established and busy fish & chip shop in Upwell, near Wisbech, Cambridgeshire. The business was established in 1966 and has been in our clients` ownership since 1978. Only now is the business being offered to the market due to our clients` desire for a well-deserved retirement. The business operates 5 days per week and generates a very healthy turnover in the region of £120,000 per annum, with a gross profit of approximately 60%. The turnover is derived from the sale of traditional fish and chips, pies, sausages etc. and the business benefits from two tables offering 8 covers and three stools, giving customers the choice to eat in or take away. The business has an excellent reputation within the area for the high quality of the food available, as well as the excellent service offered, which has resulted in a very loyal client base with a vast amount of repeat trade. The business also receives regular weekly orders from a local caravan site. There is also a large room above the shop, which could easily be adapted as additional seating area/private party room, subject to planning permission. We feel the turnover could be further increased by extending the opening hours to open all day and later in the evening, as well as perhaps opening on Sunday and Monday. There is also scope to increase the range of food available. A new owner could embark on a modest marketing campaign to promote the business further. The property benefits from 4 bedroom accommodation to the ground and first floor, which is very well maintained and decorated to a high standard and could be used by a new owner or let out to generate further income. This is an excellent opportunity for a new owner, perhaps a husband and wife team, to take this already thriving business to the next level; therefore early viewing must come highly recommended.

Turnover
The business generates a very healthy turnover in the region of £120,000 per annum, with a gross profit of approximately 60%.

The business is owner run and managed with 1 x full time and 2/3 part time staff members.

The business is open: Monday: Closed Tuesday - Thursday: 4.00pm - 9.00pm Friday - Saturday: 11.00am - 1.30pm and 4.00pm - 9.00pm Sunday: Closed

Navrady`s Fish & Chips occupies substantial two-storey premises, ideally located in the village of Upwell, Norfolk. The business is surrounded by mainly residential properties, from which the business derives much of its trade. The business benefits from free on-street parking facilities to the front of the premises. Amenities within the area include 3 x butchers, a Spar shop, 2 x public houses, a village hall with recreation facilities, a primary school, a play school, a doctors surgery, which includes a pharmacy, a dentist and a Post Office. Upwell covers an area of approximately 10½ sq. miles and as of the 2001 census had a population of 2,456 residents. The area is served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is approximately 9½ miles away in Downham Market. The area is also well-served by the A-roads with the A1101 being within easy driving distance. Wisbech lies approximately 7½ miles away and Peterborough is 27 miles away.

Two-storey detached property, briefly comprising: Ground floor with: Main sales area with seating area for 11 covers.Upright Coca Cola drinks chiller.3 x pan range.Half Halfpenny Southern Fried Chicken.Four pot Bain-Marie.Food warmer.Under counter refrigerator.Under counter freezer.Burger machine.Toaster.2 x microwave ovens.Hand wash basin.Bug zapper.2 x full extraction systems. Preparation room with: 12 x drawer fish refrigerator.Commercial refrigerator.4 x burner gas hob.Microwave oven.Stainless steel preparation table.Double sink with double drainer. Stairs leading from shop to storage room on first floor. Owners accommodation: Lounge.Fully fitted kitchen.Large conservatory.WC.Hallway with stairs leading to first floor. First floor with: Room above shop with 2 x chest freezers and small freezer. Owners` accommodation: 3 x double bedrooms.Single bedroom.Bathroom.WC. External with: Potato shed with rumbler and chipper.Side access drive to double garage.Rear courtyard garden area with bin storage.

Tenure
We are advised Freehold.

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