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Well Established Fish & Chip Restaurant/Takeaway in Hanley, Stoke-on-Trent, Staffordshire For Sale

Hanley, Staffordshire

  • Asking Price: £9,500 +SAV
  • Turnover: The business currently achieves a turnover of £71,000 with a gross profit of 60%.
  • Tenure: Leasehold

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Hilton Smythe would like to welcome to the market The Seafarer Fish & Chip Takeaway & Restaurant. The business was established in 1972 and has been in our clients` ownership since 2002, only now is the business offered to the market due to our clients` other business interests. The Seafarer opens 6 days a week and achieves a turnover in the region of £71,000 with a gross profit of 60%. The business offers traditional fish & chips, all day breakfasts, burgers and good selection of beverages.

The business has an excellent reputation within the area and benefits from a loyal customer base and high levels of repeat trade. We feel the business could increase turnover by extending the opening hours and offering food in the evenings and opening on Sunday, as well as introducing local deliveries. A new owner could expand on the range of food available by introducing pizzas, kebabs and curries etc.

The property has a spacious dining area boasting 38 covers and a well-equipped sales and preparation area. This is an excellent opportunity for a new owner to acquire a well-established business with scope to expand; therefore early viewing must come highly recommended.

The business is owner run and managed and our clients` employ 2 x part-time staff members.

The business is open 6 days a week.

Monday - Saturday: 9.00am - 6.00pm
Sunday: Closed

The seafarer Fish & Chip Takeaway & Restaurant is located within the centre of Hanley, Stoke-on-Trent, Staffordshire. The business is situated in the city centre and is surrounded by a wealth of complimentary shops and businesses, therefore benefitting from a vast amount of footfall, as well as passing trade.

There is on street parking outside the property and the area is well served by public transport with the bus station being within walking distance. Stoke-on-Trent Railway Station is approximately 1½ miles away. The area has excellent access to the A road network with both the A3 and A52 being less than 1 mile away, while the M6 is approximately 5 miles away and links to the vast motorway network. Newcastle-under-Lyme is just 3 miles away, while Crewe is 15 miles away.

Ground floor, double fronted, lock-up premises, briefly comprising:

Main restaurant/seating area with 38 covers, counter servery with electronic cash register, light box menu boards single door Coca Cola drinks chiller and ladies/gents WCs.

Fully equipped commercial kitchen with 4 x pan range with two chip fryers, 4 x pot Bain Marie, 2 x microwave ovens, griddle, 6 x burner range, 2 x freezers and easy clean work surfaces.

External with enclosed rear yard, store/potato room with potato chipper, rumbler, washing machine/dryer and 3 x freezers.

Tenure
We are advised leasehold
Original lease length: 10 years
Remaining lease length: 9 years
Review every: 5 years
Rent £11,000 per annum

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